FY2025 EPS Estimates for Ascot Resources Ltd. Cut by Raymond James (TSE:AOT)

Ascot Resources Ltd. (TSE:AOT) – Investment analysts at Raymond James lowered their FY2025 earnings estimates for Ascot Resources in a research note issued on Tuesday, September 10th. Raymond James analyst C. Stanley now anticipates that the company will post earnings per share of ($0.01) for the year, down from their prior estimate of $0.04. Raymond James has a “Market Perform” rating and a $0.15 price target on the stock. The consensus estimate for Ascot Resources’ current full-year earnings is $0.01 per share.

Several other analysts have also issued reports on the stock. Desjardins upgraded shares of Ascot Resources to a “moderate buy” rating in a research report on Thursday, July 25th. CIBC lowered their target price on Ascot Resources from C$0.85 to C$0.60 in a research report on Friday, July 5th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a C$1.25 target price on shares of Ascot Resources in a research note on Thursday, July 4th.

Ascot Resources Price Performance

The company has a market capitalization of C$113.03 million, a price-to-earnings ratio of -16.50 and a beta of 1.59. The company has a debt-to-equity ratio of 15.61, a current ratio of 0.28 and a quick ratio of 1.73. Ascot Resources has a 1 year low of C$0.14 and a 1 year high of C$0.91. The company has a fifty day moving average of C$0.46 and a 200-day moving average of C$0.62.

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.