Ascot Resources Ltd. (TSE:AOT - Get Free Report) shares shot up 24.4% on Friday . The company traded as high as C$0.14 and last traded at C$0.14. 2,539,700 shares changed hands during trading, an increase of 99% from the average session volume of 1,276,137 shares. The stock had previously closed at C$0.11.
Analysts Set New Price Targets
Separately, BMO Capital Markets cut their target price on Ascot Resources from C$0.50 to C$0.15 in a research report on Friday, April 11th.
Read Our Latest Stock Analysis on AOT
Ascot Resources Stock Performance
The firm has a 50 day moving average price of C$0.12 and a 200-day moving average price of C$0.17. 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 firm has a market capitalization of C$128.26 million, a price-to-earnings ratio of -7.01 and a beta of 1.46.
About Ascot Resources
(
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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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