Shares of Ascot Resources Ltd. (TSE:AOT - Get Free Report) traded down 33.3% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. 7,142,807 shares changed hands during trading, an increase of 475% from the average session volume of 1,242,210 shares. The stock had previously closed at C$0.09.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. BMO Capital Markets downgraded Ascot Resources from a "strong-buy" rating to a "hold" rating in a research report on Thursday. 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 Stock Performance
The firm has a market cap of C$61.76 million, a PE ratio of -3.38 and a beta of 1.46. The firm has a 50-day moving average price of C$0.10 and a two-hundred day moving average price of C$0.13. The company has a quick ratio of 1.73, a current ratio of 0.23 and a debt-to-equity ratio of 6.67.
About Ascot Resources
(
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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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