Ascot Resources (TSE:AOT) Trading Up 9.8% – Here’s Why

Shares of Ascot Resources Ltd. (TSE:AOTGet Free Report) rose 9.8% on Thursday . The stock traded as high as C$0.12 and last traded at C$0.11. Approximately 1,171,123 shares were traded 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 Price Performance

The business 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 PE 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.

Ascot Resources Company Profile

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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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