Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s stock price traded down 33.3% on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. 7,142,807 shares traded 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.
Analysts Set New Price Targets
A number of research analysts recently weighed in on AOT shares. BMO Capital Markets reduced their price objective on shares of Ascot Resources from C$0.50 to C$0.15 in a research note on Friday, April 11th. Desjardins upgraded shares of Ascot Resources to a "moderate buy" rating in a research report on Wednesday, April 16th.
View Our Latest Research Report on AOT
Ascot Resources Price Performance
The firm has a 50 day moving average price of C$0.10 and a 200 day moving average price of C$0.13. The company has a current ratio of 0.23, a quick ratio of 1.73 and a debt-to-equity ratio of 6.67. The stock has a market capitalization of C$57.01 million, a PE ratio of -3.12 and a beta of 1.46.
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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