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ATEX Resources (CVE:ATX) Trading Up 0.4% - What's Next?

Written by MarketBeat
September 20, 2025
ATEX Resources logo with Basic Materials background

Key Points

  • ATEX Resources Inc. (CVE:ATX) saw a slight increase of 0.4% in its stock price, trading at C$2.40 after reaching a high of C$2.46 during the session.
  • Stifel Canada has upgraded ATEX Resources to a strong-buy rating, contributing to the stock's overall average rating of "Strong Buy" with a target price of C$2.50.
  • The company has a market cap of approximately C$720.76 million, and its key property is the Valeriano Copper Gold project located in Chile.
  • Five stocks we like better than ATEX Resources.

ATEX Resources Inc. (CVE:ATX - Get Free Report) was up 0.4% on Friday . The company traded as high as C$2.46 and last traded at C$2.40. Approximately 135,784 shares were traded during trading, a decline of 69% from the average daily volume of 434,945 shares. The stock had previously closed at C$2.39.

Wall Street Analysts Forecast Growth

Separately, Stifel Canada raised shares of ATEX Resources to a "strong-buy" rating in a research note on Friday, May 30th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. Based on data from MarketBeat, ATEX Resources currently has an average rating of "Strong Buy" and an average target price of C$2.50.

Read Our Latest Stock Report on ATX

ATEX Resources Stock Up 0.4%

The company has a market cap of C$720.76 million, a P/E ratio of -9.60 and a beta of 1.88. The firm's 50 day moving average is C$2.20 and its two-hundred day moving average is C$2.17.

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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