Shares of Ascot Resources Ltd. (TSE:AOT - Get Free Report) were down 18.2% during trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 9,348,892 shares were traded during trading, an increase of 645% from the average daily volume of 1,255,371 shares. The stock had previously closed at C$0.06.
Analysts Set New Price Targets
Separately, BMO Capital Markets lowered Ascot Resources from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 26th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Ascot Resources presently has a consensus rating of "Hold" and a consensus target price of C$0.15.
Check Out Our Latest Analysis on Ascot Resources
Ascot Resources Price Performance
The company has a quick ratio of 1.73, a current ratio of 0.23 and a debt-to-equity ratio of 6.67. The firm has a market capitalization of C$66.92 million, a price-to-earnings ratio of -0.16 and a beta of 0.15. The company's fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.09.
Ascot Resources Company Profile
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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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