ATEX Resources (CVE:ATX) Stock Price Up 1% – Here’s What Happened

ATEX Resources Inc. (CVE:ATXGet Free Report) rose 1% on Thursday . The stock traded as high as C$2.12 and last traded at C$2.02. Approximately 1,233,957 shares traded hands during trading, an increase of 40% from the average daily volume of 881,197 shares. The stock had previously closed at C$2.00.

Analysts Set New Price Targets

A number of research firms have weighed in on ATX. Desjardins raised ATEX Resources to a “moderate buy” rating in a report on Thursday, October 31st. BMO Capital Markets set a C$2.50 target price on shares of ATEX Resources and gave the company an “outperform” rating in a research note on Tuesday, November 5th.

Check Out Our Latest Stock Analysis on ATX

ATEX Resources Stock Down 1.0 %

The firm’s fifty day moving average price is C$1.58 and its 200 day moving average price is C$1.45. The stock has a market cap of C$413.72 million, a PE ratio of -11.11 and a beta of 0.57.

About ATEX Resources

(Get Free Report)

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.

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