In a new note to investors yesterday, an 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 4.3% and a 46.4% success rate. Quast covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Eldorado Gold, and Liberty Gold.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ascot Resources with a C$1.30 average price target.
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 151.7K.
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 Tuesday at C$0.45.
Read More on TSE:AOT:
- Ascot Boosts Exploration Potential of the Premier Property With Positive IP Geophysics Program Results
- Ascot Intercepts 32.9 g/t Gold Over 4.9 Metres in Stope Extension Drilling at the Premier Deposit
- Ascot Reports Second Quarter 2023 Results and Provides Construction Update on the Premier Gold Project
