Ascot Resources (TSE:AOT) Sets New 12-Month Low - Here's What Happened

Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 1010796 shares trading hands. The stock had previously closed at C$0.11.

Analyst Ratings Changes

Separately, BMO Capital Markets lowered their target price on Ascot Resources from C$0.50 to C$0.15 in a research note on Friday.

Ascot Resources Stock Up 24.4 %

The business's 50 day moving average is C$0.12 and its 200-day moving average is C$0.17. The company has a debt-to-equity ratio of 6.67, a current ratio of 0.23 and a quick ratio of 1.73. The company has a market cap of C$133.02 million, a PE ratio of -7.27 and a beta of 1.46.

Ascot Resources Company Profile

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.