Q2 2024 EPS Estimates for Ascot Resources Ltd. Lowered by Analyst (TSE:AOT)

Ascot Resources Ltd. (TSE:AOT) – Raymond James lowered their Q2 2024 EPS estimates for Ascot Resources in a research report issued on Monday, April 8th. Raymond James analyst C. Stanley now anticipates that the company will earn $0.00 per share for the quarter, down from their previous forecast of $0.02. The consensus estimate for Ascot Resources’ current full-year earnings is $0.01 per share. Raymond James also issued estimates for Ascot Resources’ Q3 2024 earnings at $0.00 EPS.

Ascot Resources Stock Performance

AOT opened at C$0.84 on Wednesday. Ascot Resources has a 52-week low of C$0.34 and a 52-week high of C$0.85. The company has a quick ratio of 1.73, a current ratio of 1.95 and a debt-to-equity ratio of 5.62. The company has a market cap of C$523.92 million, a P/E ratio of -21.00 and a beta of 1.54. The firm’s 50-day moving average price is C$0.66 and its 200-day moving average price is C$0.52.

About Ascot Resources

Ascot Resources Ltd. operates as a mineral development and exploration company in the United States and Canada. It explores for gold, silver, copper, porphyry copper, molybdenum, and gravel deposits. The Company's principal property includes two landholdings, including its 100% interests in the Premier Gold Project covering an area of 8,133 hectares; and Red Mountain Project that covers an area of 17,125 hectares located in British Columbia.