Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s share price was down 27.8% on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 6,383,079 shares changed hands during mid-day trading, an increase of 417% from the average daily volume of 1,235,655 shares. The stock had previously closed at C$0.09.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Desjardins upgraded Ascot Resources to a "moderate buy" rating in a research report on Wednesday, April 16th. BMO Capital Markets lowered Ascot Resources from a "strong-buy" rating to a "hold" rating in a research report on Thursday.
Check Out Our Latest Stock Report on Ascot Resources
Ascot Resources Price Performance
The business's 50 day simple moving average is C$0.10 and its 200 day simple 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 capitalization of C$61.76 million, a PE ratio of -3.38 and a beta of 1.46.
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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