Ascot Resources Ltd. (TSE:AOT - Get Free Report)'s stock price traded down 5.7% during trading on Friday . The company traded as low as C$0.17 and last traded at C$0.17. 38,157 shares traded hands during trading, a decline of 96% from the average session volume of 899,433 shares. The stock had previously closed at C$0.18.
Analyst Ratings Changes
AOT has been the subject of a number of research reports. Desjardins raised Ascot Resources to a "moderate buy" rating in a research note on Thursday, July 25th. Raymond James downgraded Ascot Resources from an "outperform" rating to a "market perform" rating and dropped their target price for the company from C$1.00 to C$0.15 in a research report on Tuesday, September 10th. CIBC reduced their price target on shares of Ascot Resources from C$0.85 to C$0.60 in a research report on Friday, July 5th. Finally, BMO Capital Markets reissued an "outperform" rating and issued a C$1.25 price objective on shares of Ascot Resources in a research note on Thursday, July 4th.
Get Our Latest Research Report on Ascot Resources
Ascot Resources Stock Performance
The stock has a market capitalization of C$130.69 million, a PE ratio of -18.50 and a beta of 1.46. The company has a quick ratio of 1.73, a current ratio of 0.28 and a debt-to-equity ratio of 15.61. The stock has a fifty day moving average of C$0.31 and a 200-day moving average of C$0.52.
About Ascot Resources
(
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Ascot Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in the United States and Canada. It explores for gold, silver, copper, porphyry copper, molybdenum, and sand and gravel deposits. The Company's principal property includes two landholdings, including its 100% interests in the Premier Gold Project covering an area of approximately 8,133 hectares; and Red Mountain Project that covers an area of approximately 17,125 hectares located in British Columbia.
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