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

Ascot Resources Ltd. (TSE:AOT)’s stock price traded up 9.8% during trading on Friday . The stock traded as high as C$0.12 and last traded at C$0.11. 1,171,123 shares traded hands 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.

Ascot Resources Trading Up 9.8 %

The company has a market capitalization 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 quick ratio of 1.73 and a current ratio of 0.23. The business has a fifty day moving average price of C$0.12 and a 200 day moving average price of C$0.17.

About Ascot Resources

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.