Short Interest in Ascot Resources Ltd. (OTCMKTS:AOTVF) Increases By 141.0%

Ascot Resources Ltd. (OTCMKTS:AOTVF) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 555,962 shares, a growth of 141.0% from the April 15th total of 230,653 shares. Based on an average daily trading volume, of 75,537 shares, the days-to-cover ratio is presently 7.4 days.

Ascot Resources Stock Down 2.4%

OTCMKTS AOTVF opened at $0.84 on Friday. The stock’s 50-day moving average price is $1.02 and its 200-day moving average price is $0.74. Ascot Resources has a 52 week low of $0.40 and a 52 week high of $4.70.

Ascot Resources Company Profile

Ascot Resources Ltd. is a Canadian mineral exploration and development company focused on advancing gold projects in the prolific Golden Triangle region of northwestern British Columbia. Headquartered in Vancouver, the company’s primary asset is the Premier Gold Project, which encompasses multiple former-producing zones and high-grade deposits situated near the town of Stewart. Ascot holds an extensive land package that includes the Silver Coin and Auger Lake properties, each of which contributes to the overall resource base and near-term development potential.

The Premier Gold Project is the cornerstone of Ascot’s project portfolio and has been the subject of extensive drilling, metallurgical testing and engineering studies.