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Ascot Resources (TSE:AOT) Lowered to "Market Perform" Rating by BMO Capital Markets

Ascot Resources logo with Basic Materials background

Ascot Resources (TSE:AOT - Get Free Report) was downgraded by BMO Capital Markets from an "outperform" rating to a "market perform" rating in a research note issued on Thursday,BayStreet.CA reports.

Separately, Desjardins raised shares of Ascot Resources to a "moderate buy" rating in a report on Wednesday, April 16th.

Read Our Latest Stock Analysis on AOT

Ascot Resources Price Performance

Shares of Ascot Resources stock traded up C$0.01 on Thursday, reaching C$0.07. The stock had a trading volume of 2,384,317 shares, compared to its average volume of 1,251,316. The business's 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.13. The company has a current ratio of 0.23, a quick ratio of 1.73 and a debt-to-equity ratio of 6.67. Ascot Resources has a 1 year low of C$0.06 and a 1 year high of C$0.64. The company has a market cap of C$61.76 million, a P/E ratio of -3.38 and a beta of 1.46.

Ascot Resources Company Profile

(Get Free Report)

Ascot Resources Ltd is a development and exploration company. It is a focused gold and silver explorer with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia. It holds an interest in Premier Gold Project and Red Mountain Project. The company also has two other properties; Swamp Point, an aggregate project located in British Columbia on the Portland Canal, and Mt.

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