Ascot Resources Ltd. (TSE:AOT - Get Free Report) fell 27.8% during mid-day trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.07. 6,383,079 shares were traded during trading, an increase of 417% from the average session volume of 1,235,655 shares. The stock had previously closed at C$0.09.
Analysts Set New Price Targets
A number of research analysts have weighed in on AOT shares. Desjardins upgraded shares of Ascot Resources to a "moderate buy" rating in a research note on Wednesday, April 16th. BMO Capital Markets lowered their price target on shares of Ascot Resources from C$0.50 to C$0.15 in a report on Friday, April 11th.
View Our Latest Stock Report 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 firm has a market capitalization of C$57.01 million, a PE ratio of -3.12 and a beta of 1.46. The company's fifty day simple moving average is C$0.10 and its 200 day simple moving average is C$0.13.
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.
Further Reading
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