Brokers Offer Predictions for Ascot Resources Ltd.'s Q2 2024 Earnings (TSE:AOT)

Ascot Resources Ltd. (TSE:AOT - Free Report) - Investment analysts at Raymond James lowered their Q2 2024 EPS estimates for Ascot Resources in a research note issued on Monday, April 8th. Raymond James analyst C. Stanley now forecasts that the company will earn $0.00 per share for the quarter, down from their previous forecast of $0.02. The consensus estimate for Ascot Resources' current full-year earnings is $0.01 per share. Raymond James also issued estimates for Ascot Resources' Q3 2024 earnings at $0.00 EPS.

Ascot Resources Price Performance

TSE:AOT traded up C$0.01 during mid-day trading on Wednesday, hitting C$0.84. The company's stock had a trading volume of 406,824 shares, compared to its average volume of 583,958. Ascot Resources has a fifty-two week low of C$0.34 and a fifty-two week high of C$0.85. The company has a current ratio of 1.95, a quick ratio of 1.73 and a debt-to-equity ratio of 5.62. The company has a market capitalization of C$523.92 million, a price-to-earnings ratio of -20.75 and a beta of 1.54. The stock has a fifty day moving average of C$0.66 and a 200-day moving average of C$0.52.

About Ascot Resources

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Ascot Resources Ltd. operates as a mineral development and exploration company in the United States and Canada. It explores for gold, silver, copper, porphyry copper, molybdenum, and gravel deposits. The Company's principal property includes two landholdings, including its 100% interests in the Premier Gold Project covering an area of 8,133 hectares; and Red Mountain Project that covers an area of 17,125 hectares located in British Columbia.

Further Reading

Earnings History and Estimates for Ascot Resources (TSE:AOT)

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