Amex Exploration (CVE:AMX) Downgraded by Ventum Financial to Neutral

Ventum Financial lowered shares of Amex Exploration (CVE:AMX) from a buy rating to a neutral rating in a research report sent to investors on Monday, BayStreet.CA reports. Ventum Financial currently has C$1.20 price objective on the stock, down from their previous price objective of C$3.05.

Separately, Canaccord Genuity Group lifted their target price on shares of Amex Exploration from C$4.25 to C$4.50 in a report on Tuesday, July 23rd.

Amex Exploration Stock Performance

Shares of CVE AMX opened at C$1.18 on Monday. The stock has a market capitalization of C$135.68 million, a PE ratio of 118.00 and a beta of 2.03. Amex Exploration has a 52 week low of C$0.98 and a 52 week high of C$2.08. The stock has a 50 day moving average price of C$1.66 and a 200 day moving average price of C$1.67.

About Amex Exploration

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.