Free Trial

Ascot Resources (TSE:AOT) Hits New 1-Year Low - Here's Why

Ascot Resources logo with Basic Materials background
Remove Ads

Ascot Resources Ltd. (TSE:AOT - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 90630 shares trading hands. The stock had previously closed at C$0.11.

Wall Street Analyst Weigh In

Several research firms have recently commented on AOT. Desjardins raised Ascot Resources to a "moderate buy" rating in a research report on Wednesday, November 20th. BMO Capital Markets lowered their price objective on shares of Ascot Resources from C$1.25 to C$0.75 and set an "outperform" rating for the company in a research note on Tuesday, November 19th.

Check Out Our Latest Stock Report on AOT

Ascot Resources Stock Performance

The firm's fifty day moving average price is C$0.16 and its two-hundred day moving average price is C$0.21. The stock has a market capitalization of C$104.51 million, a PE ratio of -5.71 and a beta of 1.46. The company has a current ratio of 0.23, a quick ratio of 1.73 and a debt-to-equity ratio of 6.67.

Ascot Resources Company Profile

(Get Free Report)

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.

Featured Stories

Should You Invest $1,000 in Ascot Resources Right Now?

Before you consider Ascot Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ascot Resources wasn't on the list.

While Ascot Resources currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?
Why Palantir’s Future Just Got a Massive Boost

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads