Ascot Resources (TSE:AOT) Trading Up 9.8% – What’s Next?

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

Ascot Resources Stock Performance

The firm has a fifty day moving average of C$0.12 and a 200 day moving average of C$0.17. The stock has a market cap of C$106.89 million, a price-to-earnings ratio of -5.84 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.

About Ascot Resources

(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.

See Also

Receive News & Ratings for Ascot Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascot Resources and related companies with MarketBeat.com's FREE daily email newsletter.