Ascot Resources (TSE:AOT) Stock Price Down 12.5% – Should You Sell?

Posted by Tyrone Williams on May 16th, 2025

Ascot Resources Ltd. (TSE:AOT – Get Free Report)’s share price fell 12.5% on Wednesday . The company traded as low as C$0.10 and last traded at C$0.11. 3,456,800 shares changed hands during trading, an increase of 173% from the average session volume of 1,264,597 shares. The stock had previously closed at C$0.12.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on AOT. Desjardins upgraded Ascot Resources to a “moderate buy” rating in a report on Wednesday, April 16th. BMO Capital Markets decreased their price target on Ascot Resources from C$0.50 to C$0.15 in a report on Friday, April 11th.

Check Out Our Latest Stock Analysis on AOT

Ascot Resources Stock Performance

The company’s 50-day simple moving average is C$0.12 and its 200 day simple moving average is C$0.16. The company has a current ratio of 0.23, a quick ratio of 1.73 and a debt-to-equity ratio of 6.67. The stock has a market cap of C$80.76 million, a P/E ratio of -4.41 and a beta of 1.46.

Ascot Resources Company Profile

(Get Free Report)

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.