Ascot Resources (TSE:AOT) Rating Increased to Moderate Buy at Desjardins

Desjardins upgraded shares of Ascot Resources (TSE:AOT - Free Report) to a moderate buy rating in a research report report published on Wednesday, April 16th,Zacks.com reports.

Separately, BMO Capital Markets dropped their price target on shares of Ascot Resources from C$0.50 to C$0.15 in a research report on Friday, April 11th.

Ascot Resources Stock Performance

Shares of AOT remained flat at C$0.13 during trading hours on Wednesday. The company had a trading volume of 1,294,028 shares, compared to its average volume of 1,295,197. The stock's 50 day moving average is C$0.12 and its 200-day moving average is C$0.17. Ascot Resources has a 12 month low of C$0.10 and a 12 month high of C$0.80. The company has a debt-to-equity ratio of 6.67, a current ratio of 0.23 and a quick ratio of 1.73. The firm has a market cap of C$118.76 million, a P/E ratio of -6.49 and a beta of 1.46.

Ascot Resources Company Profile

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.