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 traded 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 price objective on 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 Stock 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$128.26 million, a PE ratio of -7.01 and a beta of 1.46. The firm's 50-day simple moving average is C$0.12 and its 200-day simple moving average is C$0.17.
Ascot Resources Company Profile
(
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 to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
