Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s share price shot up 11.1% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. 454,143 shares were traded during trading, a decline of 65% from the average session volume of 1,314,817 shares. The stock had previously closed at C$0.05.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets downgraded shares of Ascot Resources from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 26th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of C$0.15.
Check Out Our Latest Analysis on Ascot Resources
Ascot Resources Stock Performance
The company has a market cap of C$70.64 million, a PE ratio of -0.16 and a beta of 0.15. The business's 50-day moving average is C$0.05 and its 200 day moving average is C$0.08. The company has a debt-to-equity ratio of 6.67, a quick ratio of 1.73 and a current ratio of 0.23.
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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