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Ascot Resources (TSE:AOT) Trading Up 9.8% - Should You Buy?

Ascot Resources logo with Basic Materials background

Shares of Ascot Resources Ltd. (TSE:AOT - Get Free Report) traded up 9.8% on Friday . The company traded as high as C$0.12 and last traded at C$0.11. 1,171,123 shares were traded during trading, a decline of 7% from the average session volume of 1,258,086 shares. The stock had previously closed at C$0.10.

Analyst Ratings Changes

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

View Our Latest Stock Analysis on Ascot Resources

Ascot Resources Price Performance

The firm has a market cap of C$128.26 million, a P/E ratio of -7.01 and a beta of 1.46. 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 firm's 50 day moving average is C$0.12 and its 200 day 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

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

Before you consider Ascot Resources, you'll want to hear this.

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