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ATEX Resources (CVE:ATX) Trading 4.5% Higher - Here's What Happened

ATEX Resources logo with Basic Materials background

ATEX Resources Inc. (CVE:ATX - Get Free Report)'s stock price traded up 4.5% on Monday . The stock traded as high as C$2.15 and last traded at C$2.11. 144,551 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 507,846 shares. The stock had previously closed at C$2.02.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Stifel Canada upgraded ATEX Resources to a "strong-buy" rating in a report on Friday, May 30th. Desjardins raised ATEX Resources to a "moderate buy" rating in a research note on Friday, April 4th.

View Our Latest Research Report on ATEX Resources

ATEX Resources Stock Down 4.3%

The company's 50-day moving average is C$2.13 and its 200-day moving average is C$2.00. The stock has a market capitalization of C$628.00 million, a price-to-earnings ratio of -15.68 and a beta of 0.57.

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.

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