Amex Exploration (CVE:AMX) Shares Up 4% – Should You Buy?

Amex Exploration Inc. (CVE:AMX)’s stock price shot up 4% during trading on Thursday . The stock traded as high as C$1.82 and last traded at C$1.80. 58,876 shares traded hands during trading, a decline of 65% from the average session volume of 166,675 shares. The stock had previously closed at C$1.73.

Amex Exploration Trading Up 4.0%

The stock has a market capitalization of C$221.95 million, a price-to-earnings ratio of 174.38 and a beta of 1.95. The company’s 50 day moving average is C$1.44 and its 200 day moving average is C$1.16.

Insider Buying and Selling

In other Amex Exploration news, insider 2176423 Ontario Ltd. acquired 436,300 shares of the company’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. Corporate 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.