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Ascot Resources (TSE:AOT) Shares Up 24.4% - What's Next?

Ascot Resources logo with Basic Materials background

Ascot Resources Ltd. (TSE:AOT - Get Free Report) shares rose 24.4% on Saturday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 2,539,700 shares were traded 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.

Analyst Ratings Changes

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

Get Our Latest Stock Report on AOT

Ascot Resources Trading Down 10.7 %

The stock has a market cap of C$118.76 million, a P/E ratio of -6.49 and a beta of 1.46. The firm's fifty day moving average price is C$0.12 and its two-hundred day moving average price is 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.

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.

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