Ascot Resources (TSE:AOT) Stock Price Up 9.8% - Time to Buy?

Shares of Ascot Resources Ltd. (TSE:AOT - Get Free Report) shot up 9.8% on Friday . The stock traded as high as C$0.12 and last traded at C$0.11. 1,171,123 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 1,258,086 shares. The stock had previously closed at C$0.10.

Analyst Ratings Changes

Separately, BMO Capital Markets dropped their price objective on Ascot Resources from C$0.50 to C$0.15 in a research note on Friday, April 11th.

Ascot Resources Trading Up 3.7 %

The stock has a market cap of C$133.02 million, a P/E ratio of -7.27 and a beta of 1.46. The company has a debt-to-equity ratio of 6.67, a quick ratio of 1.73 and a current ratio of 0.23. The company has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of C$0.17.

About Ascot Resources

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.