Shares of Ascot Resources Ltd. (TSE:AOT - Get Free Report) rose 24.4% during trading on Saturday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 2,539,700 shares traded hands during mid-day trading, an increase of 99% from the average daily volume of 1,276,137 shares. The stock had previously closed at C$0.11.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets reduced their price objective on shares of Ascot Resources from C$0.50 to C$0.15 in a research report on Friday, April 11th.
Read Our Latest Analysis on Ascot Resources
Ascot Resources Price Performance
The firm has a market cap of C$128.26 million, a PE ratio of -7.01 and a beta of 1.46. 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 business's fifty day moving average is C$0.12 and its 200-day moving average is C$0.17.
Ascot Resources Company Profile
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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.
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