Ascot Resources Ltd. (TSE:AOT - Get Free Report) was down 33.3% during trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 7,142,807 shares were traded during mid-day trading, an increase of 475% from the average daily volume of 1,242,210 shares. The stock had previously closed at C$0.09.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on AOT shares. BMO Capital Markets downgraded Ascot Resources from a "strong-buy" rating to a "hold" rating in a report on Thursday. Desjardins upgraded Ascot Resources to a "moderate buy" rating in a report on Wednesday, April 16th.
View Our Latest Analysis on AOT
Ascot Resources Price Performance
The firm has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.13. The company 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 quick ratio of 1.73, a current ratio of 0.23 and a debt-to-equity ratio of 6.67.
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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