Amex Exploration (CVE:AMX) Trading Down 2% – Here’s Why

Amex Exploration Inc. (CVE:AMX)’s stock price traded down 2% during trading on Tuesday . The company traded as low as C$1.46 and last traded at C$1.50. 206,830 shares traded hands during mid-day trading, an increase of 13% from the average session volume of 183,683 shares. The stock had previously closed at C$1.53.

Amex Exploration Stock Performance

The firm has a market cap of C$184.96 million, a price-to-earnings ratio of 145.32 and a beta of 1.95. The company has a 50 day moving average price of C$1.09 and a 200 day moving average price of C$1.07.

Insider Buying and Selling at Amex Exploration

In other Amex Exploration news, insider 2176423 Ontario Ltd. purchased 436,300 shares of the business’s stock in a transaction on Wednesday, April 23rd. The shares were bought at an average cost of C$1.06 per share, for a total transaction of C$462,478.00. Insiders purchased a total of 1,575,300 shares of company stock worth $1,487,778 over the last three months. Insiders own 18.28% of the company’s stock.

Amex Exploration Company Profile

Amex Exploration Inc, together with its subsidiaries, engages in the exploration of gold mining properties in Canada. The company holds interest in the Perron project and the Lebel-sur-Quévillon project located in Quebec. It also holds interest in the Eastmain River South, North, and Central projects located in Chibougamau, Quebec.