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Ascot Resources (TSE:AOT) Shares Up 24.4% - Still a Buy?

Ascot Resources logo with Basic Materials background

Ascot Resources Ltd. (TSE:AOT - Get Free Report) traded up 24.4% during mid-day trading on Saturday . The stock traded as high as C$0.14 and last traded at C$0.14. 2,539,700 shares were traded during mid-day trading, an increase of 99% from the average session volume of 1,276,137 shares. The stock had previously closed at C$0.11.

Analyst Ratings Changes

Separately, BMO Capital Markets cut their price target on shares of Ascot Resources from C$0.50 to C$0.15 in a report on Friday, April 11th.

View Our Latest Analysis on Ascot Resources

Ascot Resources Price Performance

The company has a current ratio of 0.23, a quick ratio of 1.73 and a debt-to-equity ratio of 6.67. The company has a market capitalization of C$118.76 million, a P/E ratio of -6.49 and a beta of 1.46. The firm has a fifty day moving average of C$0.12 and a 200 day moving average of C$0.17.

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.

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