Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s stock price shot up 14.3% during trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. 924,895 shares traded hands during trading, a decline of 25% from the average session volume of 1,239,615 shares. The stock had previously closed at C$0.07.
Analysts Set New Price Targets
A number of research firms have recently weighed in on AOT. BMO Capital Markets lowered shares of Ascot Resources from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 26th. Desjardins upgraded Ascot Resources to a "moderate buy" rating in a report on Wednesday, April 16th.
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Ascot Resources Price Performance
The company's fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.12. 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 market capitalization of C$80.76 million, a P/E ratio of -4.41 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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