ATEX Resources (CVE:ATX) Stock Rating Upgraded by Desjardins

ATEX Resources (CVE:ATX) was upgraded by investment analysts at Desjardins to a “moderate buy” rating in a note issued to investors on Friday,Zacks.com reports.

ATEX Resources Stock Performance

Shares of ATX stock opened at C$1.96 on Friday. ATEX Resources has a 52 week low of C$1.13 and a 52 week high of C$2.63. The company’s 50 day moving average price is C$2.18 and its two-hundred day moving average price is C$1.75. The company has a market capitalization of C$547.06 million, a P/E ratio of -13.66 and a beta of 0.57.

ATEX Resources Company Profile

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.