Ascot Resources (TSE:AOT) Stock Price Down 33.3% - What's Next?

Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s stock price was down 33.3% during mid-day trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 5,866,575 shares were traded during trading, an increase of 376% from the average daily volume of 1,231,585 shares. The stock had previously closed at C$0.09.

Analyst Ratings Changes

A number of equities analysts have recently commented on AOT shares. Desjardins raised Ascot Resources to a "moderate buy" rating in a report on Wednesday, April 16th. BMO Capital Markets dropped their price objective on Ascot Resources from C$0.50 to C$0.15 in a report on Friday, April 11th.

Ascot Resources Trading Down 33.3%

The firm's 50 day moving average is C$0.10 and its 200 day moving average is C$0.13. 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 has a market cap of C$57.01 million, a PE ratio of -3.12 and a beta of 1.46.

Ascot Resources Company Profile

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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