Is Selling Ascot Resources Ltd. Here a Winning Strategy?

 Is Selling Ascot Resources Ltd. Here a Winning Strategy?

The stock of Ascot Resources Ltd. (CVE:AOT) is a huge mover today! About 51,052 shares traded hands. Ascot Resources Ltd. (CVE:AOT) has risen 6.00% since October 8, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 6 months negative chart setup for the $278.90 million company. It was reported on Nov, 7 by Barchart.com. We have $1.84 PT which if reached, will make CVE:AOT worth $36.26M less.

More notable recent Ascot Resources Ltd. (CVE:AOT) news were published by: Juniorminingnetwork.com which released: “Ascot Resources Intersects 82.30 g/t Gold Over 1.00 Metre at Premier” on November 07, 2016, also Juniorminingnetwork.com with their article: “Ascot Resources Announces Closing of $20 Million Offering” published on August 05, 2016, Marketwired.com published: “Ascot Resources Intersects 69.40 g/t Gold and 2300.0 g/t Silver Over 1.34 …” on August 11, 2016. More interesting news about Ascot Resources Ltd. (CVE:AOT) were released by: Marketwired.com and their article: “Ascot Resources Intersects 76.30 g/t Gold Over 1.00 Metre at Premier” published on September 12, 2016 as well as Juniorminingnetwork.com‘s news article titled: “Ascot Resources Intersects 88.40 g/t Gold and 9640.0 g/t Silver Over 1.55 …” with publication date: July 21, 2016.

Ascot Resources Ltd. is a junior mineral exploration and development company. The company has a market cap of $278.90 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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