Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Amex Exploration Inc. functions as a junior enterprise focused on the acquisition, evaluation, and development of gold prospects throughout Canada. Its principal asset is the Perron gold project, which it fully owns. This significant property comprises 117 mining claims covering an expanse of 4,836 hectares, situated in the Rouyn-Noranda area of Quebec. Furthermore, the company holds stakes in additional ventures, including the Lebel-Sur-Quévillon and Eastmain River projects, located within Quebec's Abitibi region and other parts of the province. Previously, the firm operated under the name Coleraine Mining Resources, Inc. Amex Exploration Inc.'s corporate headquarters are based in Montreal, Canada.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers.
Target Price
The average target price of AMX.V is 6.97 and suggests 90.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc