ATEX Resources (CVE:ATX) PT Set at C$2.50 by BMO Capital Markets

BMO Capital Markets set a C$2.50 price objective on ATEX Resources (CVE:ATX) in a research report report published on Tuesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, Desjardins upgraded shares of ATEX Resources to a “moderate buy” rating in a research report on Thursday, October 31st.

ATEX Resources Trading Down 2.4 %

Shares of ATX stock opened at C$1.66 on Tuesday. ATEX Resources has a 12 month low of C$0.61 and a 12 month high of C$1.76. The company has a market capitalization of C$343.39 million, a P/E ratio of -9.22 and a beta of 0.57. The stock has a 50 day moving average of C$1.44 and a two-hundred day moving average of C$1.36.

ATEX Resources (CVE:ATX) last issued its earnings results on Tuesday, August 20th. The company reported C($0.04) EPS for the quarter.

About ATEX Resources

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.