Ascot Resources (TSE:AOT) Shares Up 20% – Still a Buy?

Ascot Resources Ltd. (TSE:AOTGet Free Report) shares traded up 20% on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. 1,426,742 shares traded hands during trading, an increase of 13% from the average session volume of 1,257,053 shares. The stock had previously closed at C$0.11.

Ascot Resources Trading Up 20.0 %

The company has a debt-to-equity ratio of 6.67, a current ratio of 0.23 and a quick ratio of 1.73. The business has a 50-day moving average price of C$0.12 and a two-hundred day moving average price of C$0.17. The firm has a market cap of C$128.26 million, a PE ratio of -7.01 and a beta of 1.46.

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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