BMO Capital Markets Cuts Ascot Resources (TSE:AOT) Price Target to C$0.15

Ascot Resources (TSE:AOT) had its price objective decreased by BMO Capital Markets from C$0.50 to C$0.15 in a research report sent to investors on Friday,BayStreet.CA reports.

Ascot Resources Price Performance

TSE:AOT opened at C$0.14 on Friday. Ascot Resources has a 12-month low of C$0.10 and a 12-month high of C$0.91. The firm has a market capitalization of C$133.02 million, a price-to-earnings ratio of -7.27 and a beta of 1.46. The stock’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is C$0.17. The company has a quick ratio of 1.73, a current ratio of 0.23 and a debt-to-equity ratio of 6.67.

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.