Amex Exploration (CVE:AMX) Stock Price Up 20.1% – Here’s Why

Amex Exploration Inc. (CVE:AMX)’s share price rose 20.1% during trading on Monday . The company traded as high as C$5.10 and last traded at C$5.01. Approximately 414,650 shares changed hands during trading, an increase of 131% from the average daily volume of 179,258 shares. The stock had previously closed at C$4.17.

Amex Exploration Stock Up 1.6%

The company has a fifty day simple moving average of C$4.13 and a two-hundred day simple moving average of C$3.79. The stock has a market capitalization of C$719.66 million, a P/E ratio of -120.95 and a beta of 3.09.

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. The company was formerly known as Coleraine Mining Resources, Inc Amex Exploration Inc was incorporated in 1986 and is based in Montreal, Canada.