Canaccord Genuity Group Analysts Give Amex Exploration (CVE:AMX) a C$4.00 Price Target

Canaccord Genuity Group set a C$4.00 price objective on Amex Exploration (CVE:AMXGet Rating) in a research note published on Tuesday, BayStreet.CA reports. The firm currently has a speculative buy rating on the stock.

Shares of Amex Exploration stock opened at C$2.25 on Tuesday. The company’s fifty day simple moving average is C$2.90 and its 200-day simple moving average is C$2.93. The company has a market cap of C$221.78 million and a price-to-earnings ratio of 55.47. Amex Exploration has a 1 year low of C$2.07 and a 1 year high of C$3.36.

About Amex Exploration (Get Rating)

Amex Exploration Inc, a junior mining exploration company, acquires, explores, and develops gold projects in Canada. Its flagship property is the 100% owned Perron gold project that consists of 117 mining claims covering an area of 4,836 hectares situated in Rouyn-Noranda, Quebec. It also holds interest in Lebel-Sur-Quévillon and Eastmain River projects located in the Abitibi region of Quebec and elsewhere in the province.

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