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Ascot Resources (TSE:AOT) Sets New 12-Month Low - What's Next?

Ascot Resources logo with Basic Materials background

Shares of Ascot Resources Ltd. (TSE:AOT - Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 39559 shares trading hands. The stock had previously closed at C$0.09.

Wall Street Analyst Weigh In

A number of equities analysts have commented on AOT shares. BMO Capital Markets decreased their target price on Ascot Resources from C$0.50 to C$0.15 in a research note on Friday, April 11th. Desjardins upgraded Ascot Resources to a "moderate buy" rating in a research report on Wednesday, April 16th.

Check Out Our Latest Research Report on AOT

Ascot Resources Trading Up 5.9%

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's fifty day moving average price is C$0.10 and its 200-day moving average price is C$0.14. The company has a market cap of C$85.51 million, a price-to-earnings ratio of -4.67 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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