Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s share price fell 12.5% during trading on Wednesday . The company traded as low as C$0.10 and last traded at C$0.11. 3,456,800 shares traded hands during mid-day trading, an increase of 173% from the average session volume of 1,264,597 shares. The stock had previously closed at C$0.12.
Analyst Ratings Changes
AOT has been the subject of several research reports. BMO Capital Markets cut their price target on Ascot Resources from C$0.50 to C$0.15 in a research note on Friday, April 11th. Desjardins raised Ascot Resources to a "moderate buy" rating in a research note on Wednesday, April 16th.
Get Our Latest Research Report on AOT
Ascot Resources Stock Down 5.9%
The firm has a market cap of C$76.01 million, a price-to-earnings ratio of -4.15 and a beta of 1.46. The company has a current ratio of 0.23, a quick ratio of 1.73 and a debt-to-equity ratio of 6.67. The firm has a 50 day moving average price of C$0.12 and a 200-day moving average price of C$0.16.
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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