Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s stock price shot up 9.8% during trading on Friday . The company traded as high as C$0.12 and last traded at C$0.11. 1,171,123 shares traded hands during trading, a decline of 7% from the average session volume of 1,258,086 shares. The stock had previously closed at C$0.10.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets lowered their target price on Ascot Resources from C$0.50 to C$0.15 in a research note on Friday, April 11th.
Check Out Our Latest Stock 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 company's 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.17. The company has a market capitalization of C$128.26 million, a PE ratio of -7.01 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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