Ascot Resources (OTCMKTS:AOTVF) Stock Price Up 7.5% – Time to Buy?

Ascot Resources Ltd. (OTCMKTS:AOTVFGet Free Report) shares rose 7.5% during trading on Monday . The company traded as high as $0.10 and last traded at $0.10. Approximately 696,296 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 758,082 shares. The stock had previously closed at $0.09.

Ascot Resources Price Performance

The stock’s 50-day moving average is $0.11 and its 200 day moving average is $0.14.

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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