ATEX Resources (CVE:ATX) Given a C$2.50 Price Target at 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 morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

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

ATEX Resources Trading Down 1.8 %

Shares of CVE ATX opened at C$1.65 on Tuesday. The stock has a fifty day moving average price of C$1.42 and a 200 day moving average price of C$1.35. 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 cap of C$341.32 million, a P/E ratio of -9.17 and a beta of 0.57.

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

ATEX Resources Company Profile

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.