Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s share price dropped 4.2% during mid-day trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 2,528,278 shares changed hands during trading, an increase of 115% from the average daily volume of 1,174,519 shares. The stock had previously closed at C$0.06.
Analysts Set New Price Targets
Several research analysts have weighed in on the company. BMO Capital Markets downgraded Ascot Resources from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 26th. Desjardins upgraded Ascot Resources to a "moderate buy" rating in a report on Wednesday, April 16th.
Read Our Latest Report on AOT
Ascot Resources Trading Down 8.3%
The business has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.11. The company has a debt-to-equity ratio of 6.67, a quick ratio of 1.73 and a current ratio of 0.23. The firm has a market capitalization of C$52.26 million, a price-to-earnings ratio of -2.86 and a beta of 1.46.
Ascot Resources Company Profile
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.