Ascot Resources (OTCMKTS:AOTVF) Shares Down 2.9% – Here’s Why

Ascot Resources Ltd. (OTCMKTS:AOTVF) dropped 2.9% on Monday . The stock traded as low as $0.9825 and last traded at $1.00. Approximately 67,517 shares were traded during mid-day trading, an increase of 11% from the average daily volume of 60,773 shares. The stock had previously closed at $1.03.

Ascot Resources Stock Down 2.9%

The company has a fifty day simple moving average of $1.04 and a 200-day simple moving average of $0.42.

About Ascot Resources

Ascot Resources Ltd. is a Canadian mineral exploration and development company focused on advancing gold projects in the prolific Golden Triangle region of northwestern British Columbia. Headquartered in Vancouver, the company’s primary asset is the Premier Gold Project, which encompasses multiple former-producing zones and high-grade deposits situated near the town of Stewart. Ascot holds an extensive land package that includes the Silver Coin and Auger Lake properties, each of which contributes to the overall resource base and near-term development potential.

The Premier Gold Project is the cornerstone of Ascot’s project portfolio and has been the subject of extensive drilling, metallurgical testing and engineering studies.