What is Ascendant Resources' stock price target for 2024?

0 analysts have issued 12 month price objectives for Ascendant Resources' stock. Their ASND share price targets range from C$0.25 to C$0.35. On average, they expect the company's stock price to reach C$0.30 in the next twelve months. This suggests a possible upside of 400.0% from the stock's current price. View analysts price targets for ASND or view top-rated stocks among Wall Street analysts .

How have ASND shares performed in 2024?

Ascendant Resources' stock was trading at C$0.08 at the beginning of 2024. Since then, ASND shares have decreased by 25.0% and is now trading at C$0.06. View the best growth stocks for 2024 here .

When is Ascendant Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our ASND earnings forecast .

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 B2Gold (BTO) , Canadian Oil Sands (COS) , IAMGOLD (IMG) , Jaguar Mining (JAG) , Aurora Cannabis (ACB) , Altius Minerals (ALS) , Bellatrix Exploration (BXE) , Freehold Royalties (FRU) , Osisko Metals (OM) and Stella-Jones (SJ) .

How do I buy shares of Ascendant Resources?

Shares of ASND stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:ASND

Ascendant Resources (ASND) Stock Price, News & Analysis

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C$0.06

-0.01 (-14.29%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$0.06
▼
C$0.07
50-Day Range: C$0.06
▼
C$0.08
52-Week Range: C$0.05
▼
C$0.25

Volume: 100,000 shs
Average Volume: 81,474 shs
Market Capitalization: C$12.40 million

P/E Ratio: 0.75
Dividend Yield: 4.75%
Price Target: C$0.28

Stock Analysis Analyst Forecasts Chart Competitors Headlines Insider Trades

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Ascendant Resources MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 400.0% Upside
C$0.30 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.44
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.86 out of 5 stars

2.0

Analyst's Opinion

Amount of Analyst Coverage
Ascendant Resources has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for ASND.

1.7

Dividend Strength

Dividend Leadership
Ascendant Resources is a leading dividend payer. It pays a dividend yield of 4.75%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ascendant Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ASND.

1.9

News and Social Media Coverage

News Sentiment
Ascendant Resources has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Ascendant Resources this week, compared to 2 articles on an average week.
Search Interest
Only 2 people have searched for ASND on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ascendant Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.63% of the stock of Ascendant Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 15.05% of the stock of Ascendant Resources is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ascendant Resources is 0.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ascendant Resources is 0.75, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 140.19.
Price to Book Value per Share Ratio
Ascendant Resources has a P/B Ratio of 6.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Ascendant Resources Stock (TSE:ASND)

Ascendant Resources Inc., a mining company, explores for and develops mineral properties. The company explores for zinc, copper, lead, tin, silver, gold, and other metals. It holds 50% interest in the Lagoa Salgada volcanogenic massive sulphide project, which covers an area of 10,700 hectares located on the Iberian Pyrite Belt in Portugal. The company was formerly known as Morumbi Resources Inc. and changed its name to Ascendant Resources Inc. in December 2016. The company was incorporated in 2006 and is headquartered in Toronto, Canada.

ASND Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ASND Stock News Headlines

April 18, 2024 | americanbankingnews.com

Ascendant Resources (TSE:ASND) Price Target Raised to C$0.35 at HC Wainwright

April 15, 2024 | juniorminingnetwork.com

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April 18, 2024 | DTI (Ad)

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April 11, 2024 | finanznachrichten.de

Ascendant Resources, Inc.: Ascendant Reports Significant Metallurgical Improvements at Its Lagoa Salgada VMS Project, Portugal

April 10, 2024 | ca.finance.yahoo.com

Stocks in play: Ascendant Resources Inc.

April 2, 2024 | saintswire.usatoday.com

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April 1, 2024 | msn.com

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March 28, 2024 | reuters.com

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April 18, 2024 | DTI (Ad)

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March 24, 2024 | morningstar.com

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March 13, 2024 | nytimes.com

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January 22, 2024 | markets.businessinsider.com

One World Products, Inc. Announces Reorganization Plan to Optimize Global Operations

January 11, 2024 | finanznachrichten.de

Ascendant Resources, Inc.: Ascendant Provides Summary of 2023 Achievements and Outlook for 2024

January 4, 2024 | finanznachrichten.de

Ascendant Resources, Inc.: Ascendant Resources Announces Closing of Second and Final Tranche of Non-Brokered Private Placement

January 4, 2024 | finance.yahoo.com

Ascendant Resources Announces Closing of Second and Final Tranche of Non-Brokered Private Placement

January 1, 2024 | msn.com

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Company Calendar

Today: 4/18/2024
Next Earnings (Estimated): 5/08/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
Current Symbol: TSE:ASND
CUSIP: N/A
CIK: N/A
Web: www.ascendantresources.com
Phone: +1-647-7960066
Fax: N/A
Employees: 2,020
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$0.30
High Stock Price Target: C$0.35
Low Stock Price Target: C$0.25
Potential Upside/Downside: +358.3%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.08
Trailing P/E Ratio: 0.75
Forward P/E Ratio: 1.17
P/E Growth: N/A
Net Income: C$7.73 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: 230.96%
Return on Assets: -7.31%

Debt

Debt-to-Equity Ratio: 301.82
Current Ratio: 0.11
Quick Ratio: 0.04

Sales & Book Value

Annual Sales: C$77.82 million
Price / Sales: 0.16
Cash Flow: C$0.00 per share
Price / Cash Flow: 160.00
Book Value: C$0.01 per share
Price / Book: 6.00

Miscellaneous

Outstanding Shares: 206,590,000
Free Float: N/A
Market Cap: C$12.40 million
Optionable: Not Optionable
Beta: 1.36

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Key Executives

Mr. Mark Peter Brennan (Age 59)
Founder & Executive Chairman
Comp: $192.54k
Mr. Clifford David Hale-Sanders
Co-Founder & Executive VP
Mr. Jason Brooks C.A.
CPA, Chief Financial Officer
Mr. Joao Barros M.Sc.
President
Mr. Michael McAllister CPIR (Age 54)
Vice President of Investor Relations
Mr. Carl Calandra LL.B. (Age 44)
MBA, VP, General Counsel & Corporate Secretary
Mr. Nicholas Campbell C.F.A.
CPA, Director of Corporate Development
Dr. Sergio Gelcich P.Geo.
Ph.D., Vice President of Exploration
Mr. Chris MacInnis
Director of Geology & Resources

Key Competitors

View All Competitors

ASND Stock Analysis - Frequently Asked Questions

What is Ascendant Resources' stock price target for 2024?: 0 analysts have issued 12 month price objectives for Ascendant Resources' stock. Their ASND share price targets range from C$0.25 to C$0.35. On average, they expect the company's stock price to reach C$0.30 in the next twelve months. This suggests a possible upside of 400.0% from the stock's current price.
View analysts price targets for ASND or view top-rated stocks among Wall Street analysts.
How have ASND shares performed in 2024?: Ascendant Resources' stock was trading at C$0.08 at the beginning of 2024. Since then, ASND shares have decreased by 25.0% and is now trading at C$0.06.
View the best growth stocks for 2024 here.
When is Ascendant Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our ASND earnings forecast.

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 B2Gold (BTO), Canadian Oil Sands (COS), IAMGOLD (IMG), Jaguar Mining (JAG), Aurora Cannabis (ACB), Altius Minerals (ALS), Bellatrix Exploration (BXE), Freehold Royalties (FRU), Osisko Metals (OM) and Stella-Jones (SJ).
How do I buy shares of Ascendant Resources?: Shares of ASND stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:ASND) was last updated on 4/18/2024 by MarketBeat.com Staff

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Ascendant Resources (ASND) Stock Price, News & Analysis

Ascendant Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Ascendant Resources Stock (TSE:ASND)

ASND Stock Price History

ASND Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

ASND Stock Analysis - Frequently Asked Questions

Overall MarketRank^™