Amex Exploration (CVE:AMX) Given New C$4.00 Price Target at Haywood Securities

Amex Exploration (CVE:AMX) had its target price increased by equities researchers at Haywood Securities from C$3.00 to C$4.00 in a note issued to investors on Monday,BayStreet.CA reports. Haywood Securities’ price target indicates a potential upside of 50.94% from the company’s current price.

Amex Exploration Trading Down 1.5%

Shares of AMX opened at C$2.65 on Monday. Amex Exploration has a 12 month low of C$0.80 and a 12 month high of C$2.96. The firm’s 50 day moving average is C$1.97 and its 200-day moving average is C$1.43. The stock has a market capitalization of C$375.04 million, a PE ratio of -106.00 and a beta of 2.21.

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.