ATEX Resources (CVE:ATX) Upgraded to Moderate Buy at Desjardins

Desjardins upgraded shares of ATEX Resources (CVE:ATX) to a moderate buy rating in a research note issued to investors on Friday morning,Zacks.com reports.

ATEX Resources Trading Down 11.7 %

CVE ATX opened at C$1.96 on Friday. The business has a fifty day simple moving average of C$2.18 and a 200 day simple moving average of C$1.75. ATEX Resources has a 12 month low of C$1.13 and a 12 month high of C$2.63. The firm has a market capitalization of C$547.06 million, a P/E ratio of -13.66 and a beta of 0.57.

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.