Ascot Resources Ltd.’s Trend Down, Especially After Today’s Weak Session


The stock of Ascot Resources Ltd. (CVE:AOT) is a huge mover today! The stock decreased 5.66% or $0.15 on September 13, hitting $2.5. About 106,872 shares traded hands. Ascot Resources Ltd. (CVE:AOT) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 9 months negative chart setup for the $323.62M company. It was reported on Sep, 13 by We have $2.25 PT which if reached, will make CVE:AOT worth $32.36M less.

Ascot Resources Ltd. is a junior mineral exploration and development company. The company has a market cap of $323.62 million. The Firm is engaged in the exploration and evaluation of mineral properties. It currently has negative earnings. It operates through two geographic divisions: Canada and the United States.

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