Desjardins upgraded shares of Ascot Resources (TSE:AOT – Free Report) to a moderate buy rating in a research report sent to investors on Thursday, Zacks.com reports.
A number of other analysts have also recently issued reports on the stock. Raymond James upgraded shares of Ascot Resources from a market perform rating to an outperform rating and raised their target price for the stock from C$0.90 to C$1.00 in a research note on Tuesday, April 23rd. CIBC reduced their price objective on Ascot Resources from C$0.85 to C$0.60 in a report on Friday, July 5th. Finally, BMO Capital Markets reiterated an outperform rating and set a C$1.25 target price on shares of Ascot Resources in a research note on Thursday, July 4th.
Read Our Latest Research Report on Ascot Resources
Ascot Resources Price Performance
Ascot Resources (TSE:AOT – Get Free Report) last posted its earnings results on Monday, May 13th. The company reported C($0.01) earnings per share for the quarter. On average, analysts predict that Ascot Resources will post 0.005022 EPS for the current year.
Ascot Resources Company Profile
Ascot Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in the United States and Canada. It explores for gold, silver, copper, porphyry copper, molybdenum, and sand and gravel deposits. The Company's principal property includes two landholdings, including its 100% interests in the Premier Gold Project covering an area of approximately 8,133 hectares; and Red Mountain Project that covers an area of approximately 17,125 hectares located in British Columbia.
Read More
- Five stocks we like better than Ascot Resources
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Is Crypto Cool Again? What Stocks You Should Be Watching
- 3 Tickers Leading a Meme Stock Revival
- Why Call Options Volume for These 2 Stocks Spiked Together
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- MarketBeat Week in Review – 7/22 – 7/26
Receive News & Ratings for Ascot Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascot Resources and related companies with MarketBeat.com's FREE daily email newsletter.