ATEX Resources (CVE:ATX) Upgraded at Stifel Canada

ATEX Resources (CVE:ATX) was upgraded by Stifel Canada to a “strong-buy” rating in a research note issued to investors on Friday,Zacks.com reports.

Separately, Desjardins raised ATEX Resources to a “moderate buy” rating in a report on Friday, April 4th.

ATEX Resources Stock Up 4.3%

Shares of CVE ATX opened at C$2.29 on Friday. ATEX Resources has a 52 week low of C$1.13 and a 52 week high of C$2.63. The firm has a market cap of C$639.16 million, a P/E ratio of -15.96 and a beta of 0.57. The business’s 50 day moving average price is C$2.08 and its 200 day moving average price is C$1.91.

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.