Ascot Resources Ltd. (TSE:AOT - Get Free Report) was up 24.4% during mid-day trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 2,539,700 shares traded hands during mid-day trading, an increase of 99% from the average daily volume of 1,276,137 shares. The stock had previously closed at C$0.11.
Analysts Set New Price Targets
AOT has been the topic of several research analyst reports. Desjardins raised shares of Ascot Resources to a "moderate buy" rating in a report on Wednesday. BMO Capital Markets cut their price objective on Ascot Resources from C$0.50 to C$0.15 in a report on Friday, April 11th.
View Our Latest Stock Analysis on Ascot Resources
Ascot Resources Stock Performance
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 has a market cap of C$118.76 million, a P/E ratio of -6.49 and a beta of 1.46. The company has a 50 day simple moving average of C$0.12 and a 200-day simple moving average of C$0.17.
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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