Ascendant Resources (TSE:ASND) Sets New 52-Week Low at $0.34

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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.

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Ascendant Resources Company Profile (TSE:ASND)

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.

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