Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s share price was down 27.8% during trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 3,657,644 shares were traded during mid-day trading, an increase of 205% from the average daily volume of 1,200,001 shares. The stock had previously closed at C$0.09.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on AOT shares. BMO Capital Markets downgraded shares of Ascot Resources from a "strong-buy" rating to a "hold" rating in a report on Thursday. Desjardins upgraded shares of Ascot Resources to a "moderate buy" rating in a report on Wednesday, April 16th.
Check Out Our Latest Analysis on Ascot Resources
Ascot Resources Price Performance
The firm has a market capitalization of C$61.76 million, a P/E ratio of -3.38 and a beta of 1.46. 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's fifty day simple moving average is C$0.10 and its 200 day simple moving average is 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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