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Ascot Resources (TSE:AOT) Trading 9.8% Higher - Here's What Happened

Ascot Resources logo with Basic Materials background

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

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Analysis on AOT

Ascot Resources Stock Performance

The stock's fifty day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.17. The company has a market cap of C$133.02 million, a price-to-earnings 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.

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.

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