TSE:ASNDAscendant Resources Stock Price, Forecast & News

C$0.12

0.00 (0.00 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

C$0.12

Now: C$0.12▼

C$0.12

50-Day Range

C$0.10

MA: C$0.12▼

C$0.17

52-Week Range

C$0.09

Now: C$0.12▼

C$0.45

Volume4,100 shs

Average Volume76,331 shs

Market CapitalizationC$9.75 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Ascendant Resources Inc. explores for and evaluates mineral properties in Canada. It primarily has 100% interests in the El Mochito zinc, silver, and lead mine located in west central Honduras. The company was formerly known as Morumbi Resources Inc. and changed its name to Ascendant Resources Inc. in December 2016. Ascendant Resources Inc. was incorporated in 2006 and is headquartered in Toronto, Canada.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of C$1.28, Ascendant Resources has a potential upside of 962.5% from its current price of C$0.12.
Amount of Analyst Coverage
Ascendant Resources has received no research coverage in the past 90 days.

2.4 Community Rank

Outperform Votes
Ascendant Resources has received 86 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ascendant Resources has received 94 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ascendant Resources has received 52.22% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Ascendant Resources and other stocks. Vote “Outperform” if you believe ASND will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ASND will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Ascendant Resources does not currently pay a dividend.
Dividend Growth
Ascendant Resources does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ascendant Resources insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Ascendant Resources are expected to grow in the coming year, from C($0.03) to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ascendant Resources is -1.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ascendant Resources is -1.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Ascendant Resources has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.13 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Industrial Metals & Minerals

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:ASND

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.ascendantresources.com

Phone+1-647-7960066

Debt

Debt-to-Equity Ratio93.91

Current Ratio0.52

Quick Ratio0.16

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$77.82 million

Price / Sales0.13

Cash FlowC$0.02 per share

Price / Cash Flow5.45

Book ValueC$0.21 per share

Price / Book0.59

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares81,247,000

Market CapC$9.75 million

Next Earnings DateN/A

OptionableOptionable

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Ascendant Resources (TSE:ASND) Frequently Asked Questions

How has Ascendant Resources' stock been impacted by COVID-19 (Coronavirus)?

Ascendant Resources' stock was trading at C$0.15 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ASND stock has decreased by 20.0% and is now trading at C$0.12. View which stocks have been most impacted by Coronavirus.

What price target have analysts set for ASND?

0 equities research analysts have issued 12-month price targets for Ascendant Resources' shares. Their forecasts range from C$0.85 to C$1.70. On average, they anticipate Ascendant Resources' share price to reach C$1.28 in the next twelve months. This suggests a possible upside of 962.5% from the stock's current price. View analysts' price targets for Ascendant Resources.

Has Ascendant Resources been receiving favorable news coverage?

News articles about ASND stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ascendant Resources earned a news impact score of -4.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news aboutAscendant Resources.

Who are some of Ascendant Resources' key competitors?

Some companies that are related to Ascendant Resources include Canlan Ice Sports (ICE), Goldquest Mining (GQC), Strategic Metals (SMD), Canyon Copper (CNC), Torq Resources (TORQ), Bowen Coking Coal (BCB), Bannerman Resources (BMN), Aldershot Resources (ALZ), Sheffield Resources (SFX), Pacific Booker Minerals (BKM), Gensource Potash (GSP), Critical Elements (CRE), Ressources Minieres Radisson (RDS), Vrx Silica (VRX) and Japan Gold (JG). View all competitors.

What other stocks do shareholders of Ascendant Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ascendant Resources investors own include Canadian Oil Sands (COS), Aurora Cannabis (ACB), Altius Minerals (ALS), B2Gold (BTO), Bellatrix Exploration (BXE), Stella-Jones (SJ), Tourmaline Oil (TOU), Air Canada (AC), Acadian Timber (ADN) and Almonty Industries (AII).

Who are Ascendant Resources' key executives?

Ascendant Resources' management team includes the following people:

Mr. Mark Peter Brennan, Founder & Exec. Chairman (Age 54)
Mr. Christopher Raymond Buncic M.B.A., P.Eng., C.F.A., CFA, P.Eng, Co-Founder, Pres, CEO & Director
Mr. Clifford David Hale-Sanders, Co-Founder & Exec. VP
Mr. Rohan Hazelton BA, CA, Chief Financial Officer (Age 45)
Mr. Neil T. Ringdahl, Chief Operating Officer

What is Ascendant Resources' stock symbol?

Ascendant Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ASND."

How do I buy shares of Ascendant Resources?

Shares of ASND and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Ascendant Resources' stock price today?

One share of ASND stock can currently be purchased for approximately C$0.12.

How big of a company is Ascendant Resources?

Ascendant Resources has a market capitalization of C$9.75 million and generates C$77.82 million in revenue each year.

What is Ascendant Resources' official website?

The official website for Ascendant Resources is www.ascendantresources.com.

How can I contact Ascendant Resources?

Ascendant Resources' mailing address is 2100-79 Wellington St. W, TORONTO, ON M5K 1H1, Canada. The company can be reached via phone at +1-647-7960066.

This page was last updated on 5/24/2020 by MarketBeat.com Staff