Amex Exploration Inc. (OTCMKTS:AMXEF – Get Rating) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 7,400 shares, an increase of 221.7% from the June 15th total of 2,300 shares. Based on an average daily volume of 25,000 shares, the short-interest ratio is presently 0.3 days.
Separately, Canaccord Genuity Group assumed coverage on Amex Exploration in a research report on Tuesday, May 10th. They set a "buy" rating and a C$4.00 price objective for the company.
Get Amex Exploration alerts:Shares of OTCMKTS AMXEF opened at $1.23 on Thursday. The business's fifty day moving average price is $1.65 and its two-hundred day moving average price is $2.10. Amex Exploration has a 1-year low of $1.16 and a 1-year high of $2.68.
Amex Exploration Company Profile (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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