Equities research analysts at Rodman & Renshaw assumed coverage on shares of Ascendant Resource (NASDAQ:MRMBF) in a note issued to investors on Monday, The Fly reports. The firm set a “buy” rating on the stock.

Shares of Ascendant Resource (MRMBF) opened at 0.5814 on Monday. The firm’s market cap is $41.71 million. The company’s 50 day moving average is $0.51 and its 200-day moving average is $0.73. Ascendant Resource has a 12 month low of $0.24 and a 12 month high of $1.26.

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The Fly

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