Shares of Ascot Resources Ltd. (TSE:AOT - Get Free Report) were up 24.4% during mid-day trading on Saturday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 2,539,700 shares were traded during mid-day trading, an increase of 99% from the average daily volume of 1,276,137 shares. The stock had previously closed at C$0.11.
Analyst Upgrades and Downgrades
AOT has been the subject of several research analyst reports. Desjardins raised Ascot Resources to a "moderate buy" rating in a research note on Wednesday. BMO Capital Markets dropped their price target on Ascot Resources from C$0.50 to C$0.15 in a research report on Friday, April 11th.
Check Out Our Latest Research Report on Ascot Resources
Ascot Resources Trading Down 10.7 %
The stock's 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.17. The firm has a market cap of C$118.76 million, a PE ratio of -6.49 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.
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.
Further Reading
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.
