Ascot Resources Ltd. (TSE:AOT - Get Free Report) shares rose 24.4% during trading on Saturday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 2,539,700 shares changed hands during trading, an increase of 99% from the average daily volume of 1,276,137 shares. The stock had previously closed at C$0.11.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets dropped their target price on Ascot Resources from C$0.50 to C$0.15 in a report on Friday, April 11th.
View Our Latest Stock Analysis on AOT
Ascot Resources Stock Down 3.6 %
The firm has a market cap of C$128.26 million, a price-to-earnings ratio of -7.01 and a beta of 1.46. 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 quick ratio of 1.73 and a current ratio of 0.23.
About Ascot Resources
(
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.
Read More
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
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
