In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Ascot Resources (AOT – Research Report). The Materials company, Ascot Resources (TSX: AOT) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Quast is a 4-star analyst with an average return of 7.5% and a 49.2% success rate. Quast covers the Basic Materials sector, focusing on stocks such as Argonaut Gold, Lundin Gold, and Alamos Gold.
Currently, the analyst consensus on Ascot Resources is a Moderate Buy with an average price target of C$1.68.
The company has a one-year high of C$0.80 and a one-year low of C$0.31. Currently, Ascot Resources has an average volume of 560K.
Ascot Resources Ltd is a Canadian-based junior mineral exploration and development 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’s shares closed last Monday at C$0.63.
Read More on TSE:AOT:
- Ascot Reports First Quarter 2023 Results and Provides Construction Update on the Premier Gold Project
- Ascot Closes C$4.0 Million Non-Brokered Flow Through Private Placement
- Ascot Announces C$4.0 Million Non-Brokered Flow Through Private Placement
- Ascot Publishes 2022 Sustainability Report
- Ascot Reports 2022 Annual Results