Ascot Resources Ltd. (TSE:AOT - Get Free Report) shot up 24.4% during trading on Saturday . The stock traded as high as C$0.14 and last traded at C$0.14. 2,539,700 shares changed hands during mid-day trading, an increase of 99% from the average session volume of 1,276,137 shares. The stock had previously closed at C$0.11.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets dropped their target price on Ascot Resources from C$0.50 to C$0.15 in a research report on Friday, April 11th.
View Our Latest Report on AOT
Ascot Resources Stock Performance
The firm has a market capitalization of C$128.26 million, a P/E ratio of -7.01 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 50 day moving average is C$0.12 and its two-hundred day moving average is 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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