Ascendant Resources Inc (TSE:ASND) hit a new 52-week low during trading on Monday . The company traded as low as C$0.34 and last traded at C$0.34, with a volume of 71500 shares changing hands. The stock had previously closed at C$0.35.
Separately, Cormark reduced their price objective on Ascendant Resources from C$1.50 to C$1.35 in a research note on Tuesday, April 9th.
The company has a quick ratio of 0.47, a current ratio of 0.86 and a debt-to-equity ratio of 45.63. The company has a market cap of $26.21 million and a P/E ratio of -5.69.
TRADEMARK VIOLATION WARNING: This piece of content was posted by Ticker Report and is the property of of Ticker Report. If you are accessing this piece of content on another publication, it was stolen and republished in violation of US & international copyright & trademark legislation. The correct version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/4369685/ascendant-resources-tseasnd-sets-new-52-week-low-at-0-34.html.
Ascendant Resources Inc explores for and evaluates mineral properties in Canada. It primarily has 100% interests in the El Mochito zinc, silver, and lead mine located in west central Honduras. The company was formerly known as Morumbi Resources Inc and changed its name to Ascendant Resources Inc in December 2016.
See Also: Insider Trading – What You Need to Know
Receive News & Ratings for Ascendant Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascendant Resources and related companies with MarketBeat.com's FREE daily email newsletter.