Shares of Ascot Resources Ltd. (TSE:AOT - Get Free Report) fell 12.5% on Wednesday . The company traded as low as C$0.10 and last traded at C$0.11. 3,456,800 shares were traded during mid-day trading, an increase of 173% from the average session volume of 1,264,597 shares. The stock had previously closed at C$0.12.
Analyst Upgrades and Downgrades
A number of analysts recently commented on AOT shares. BMO Capital Markets dropped their price target on Ascot Resources from C$0.50 to C$0.15 in a report on Friday, April 11th. Desjardins upgraded Ascot Resources to a "moderate buy" rating in a research note on Wednesday, April 16th.
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Ascot Resources Stock Performance
The company has a quick ratio of 1.73, a current ratio of 0.23 and a debt-to-equity ratio of 6.67. The firm has a 50 day moving average price of C$0.12 and a 200-day moving average price of C$0.16. The stock has a market capitalization of C$76.01 million, a PE ratio of -4.15 and a beta of 1.46.
Ascot Resources Company Profile
(
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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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