Shares of Ascot Resources Ltd. (TSE:AOT - Get Free Report) were down 12.5% during trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.11. Approximately 3,456,800 shares were traded during mid-day trading, an increase of 173% from the average daily volume of 1,264,597 shares. The stock had previously closed at C$0.12.
Wall Street Analyst Weigh In
Several equities analysts have commented on AOT shares. Desjardins raised shares of Ascot Resources to a "moderate buy" rating in a research report on Wednesday, April 16th. BMO Capital Markets decreased their price objective on shares of Ascot Resources from C$0.50 to C$0.15 in a research report on Friday, April 11th.
View Our Latest Stock Report on AOT
Ascot Resources Trading Down 5.9%
The firm has a market capitalization of C$76.01 million, a PE ratio of -4.15 and a beta of 1.46. The company's 50-day moving average price is C$0.12 and its 200-day moving average price is C$0.16. The company has a debt-to-equity ratio of 6.67, a quick ratio of 1.73 and a current ratio of 0.23.
About Ascot Resources
(
Get Free Report)
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.
See Also
Before you consider Ascot Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ascot Resources wasn't on the list.
While Ascot Resources currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
