Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s stock price was down 33.3% on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 7,142,807 shares were traded during mid-day trading, an increase of 475% from the average daily volume of 1,242,210 shares. The stock had previously closed at C$0.09.
Wall Street Analyst Weigh In
Several analysts recently weighed in on AOT shares. BMO Capital Markets lowered Ascot Resources from a "strong-buy" rating to a "hold" rating in a research note on Thursday. Desjardins raised Ascot Resources to a "moderate buy" rating in a research note on Wednesday, April 16th.
Check Out Our Latest Analysis on Ascot Resources
Ascot Resources Price Performance
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 stock has a market capitalization of C$61.76 million, a P/E ratio of -3.38 and a beta of 1.46. The firm has a 50-day simple moving average of C$0.10 and a 200 day simple moving average of C$0.13.
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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