Free Trial

Ascot Resources (TSE:AOT) Stock Price Up 6% - Here's Why

Ascot Resources logo with Basic Materials background

Shares of Ascot Resources Ltd. (TSE:AOT - Get Free Report) shot up 6% during trading on Monday . The company traded as high as C$0.14 and last traded at C$0.13. 224,970 shares were traded during trading, a decline of 82% from the average session volume of 1,272,599 shares. The stock had previously closed at C$0.13.

Analyst Ratings Changes

A number of analysts recently weighed in on AOT shares. Desjardins raised shares of Ascot Resources to a "moderate buy" rating in a research report on Wednesday, April 16th. BMO Capital Markets reduced their price target on Ascot Resources from C$0.50 to C$0.15 in a report on Friday, April 11th.

Get Our Latest Stock Analysis on AOT

Ascot Resources Stock Performance

The stock's fifty day moving average price is C$0.12 and its 200 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. The stock has a market capitalization of C$123.51 million, a P/E ratio of -6.75 and a beta of 1.46.

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.

Featured Stories

Should You Invest $1,000 in Ascot Resources Right Now?

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

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?
3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines