Shares of Ascot Resources Ltd. (TSE:AOT - Get Free Report) traded down 4.9% during mid-day trading on Wednesday . The company traded as low as C$0.19 and last traded at C$0.20. 703,439 shares traded hands during trading, an increase of 51% from the average session volume of 465,452 shares. The stock had previously closed at C$0.21.
Wall Street Analysts Forecast Growth
AOT has been the subject of several research analyst reports. Desjardins upgraded Ascot Resources to a "moderate buy" rating in a research note on Wednesday, November 20th. BMO Capital Markets dropped their target price on shares of Ascot Resources from C$1.25 to C$0.75 and set an "outperform" rating for the company in a research report on Tuesday, November 19th.
Read Our Latest Analysis on Ascot Resources
Ascot Resources Trading Down 1.3 %
The firm has a fifty day moving average of C$0.19 and a 200-day moving average of C$0.27. The stock has a market capitalization of C$135.98 million, a price-to-earnings ratio of -19.25 and a beta of 1.46. The company has a debt-to-equity ratio of 15.61, a quick ratio of 1.73 and a current ratio of 0.28.
Ascot Resources (TSE:AOT - Get Free Report) last posted its earnings results on Friday, November 8th. The company reported C($0.02) earnings per share (EPS) for the quarter. The company had revenue of C$11.99 million during the quarter. Ascot Resources had a negative net margin of 125.09% and a negative return on equity of 0.83%. As a group, equities analysts predict that Ascot Resources Ltd. will post 0.1030303 earnings per share for the current fiscal year.
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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