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ATEX Resources (CVE:ATX) Trading 6.7% Higher - Here's Why

ATEX Resources logo with Basic Materials background

ATEX Resources Inc. (CVE:ATX - Get Free Report)'s share price rose 6.7% during mid-day trading on Thursday . The stock traded as high as C$2.07 and last traded at C$2.07. Approximately 1,350,505 shares were traded during mid-day trading, an increase of 144% from the average daily volume of 553,172 shares. The stock had previously closed at C$1.94.

Analysts Set New Price Targets

Separately, Desjardins raised shares of ATEX Resources to a "moderate buy" rating in a research report on Friday, April 4th.

View Our Latest Report on ATEX Resources

ATEX Resources Trading Up 1.3%

The firm has a market capitalization of C$637.77 million, a P/E ratio of -15.93 and a beta of 0.57. The stock has a 50-day simple moving average of C$2.09 and a two-hundred day simple moving average of C$1.89.

About ATEX Resources

(Get Free Report)

ATEX Resources Inc engages in the exploration and evaluation of mineral properties in South America. Its flagship property is the Valeriano Copper Gold project covering approximately 3,705 hectares located in the north-central Chile. The company was formerly known as Colombia Crest Gold Corp. and changed its name to ATEX Resources Inc in February 2019.

Further Reading

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