Ascendant Resources (TSE:ASND) Reaches New 1-Year Low at $0.05

Ascendant Resources Inc. (TSE:ASND) reached a new 52-week low on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.06, with a volume of 186000 shares trading hands. The stock had previously closed at C$0.06.

Analyst Ratings Changes

Separately, HC Wainwright lifted their price objective on Ascendant Resources from C$0.30 to C$0.35 in a research note on Wednesday, April 17th.

Ascendant Resources Trading Down 8.3 %

The firm has a market capitalization of C$11.36 million, a PE ratio of 0.75 and a beta of 1.36. The company has a debt-to-equity ratio of 301.82, a quick ratio of 0.04 and a current ratio of 0.11. The firm has a fifty day moving average of C$0.06 and a 200 day moving average of C$0.08.

Ascendant Resources Company Profile

Ascendant Resources Inc, a mining company, explores for and develops mineral properties. The company explores for zinc, copper, lead, tin, silver, gold, and other metals. It holds 50% interest in the Lagoa Salgada volcanogenic massive sulphide project, which covers an area of 10,700 hectares located on the Iberian Pyrite Belt in Portugal.