Short Interest in Ascot Resources Ltd. (OTCMKTS:AOTVF) Decreases By 15.3%

Ascot Resources Ltd. (OTCMKTS:AOTVFGet Rating) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totalling 293,300 shares, a decline of 15.3% from the April 15th total of 346,400 shares. Based on an average trading volume of 397,300 shares, the days-to-cover ratio is presently 0.7 days.

Ascot Resources Trading Down 1.5 %

Shares of OTCMKTS AOTVF opened at $0.47 on Friday. Ascot Resources has a 52-week low of $0.22 and a 52-week high of $0.65. The firm’s 50 day moving average price is $0.48 and its 200-day moving average price is $0.43.

Analysts Set New Price Targets

Separately, CIBC boosted their target price on Ascot Resources from C$0.75 to C$0.90 in a report on Tuesday, February 7th.

About Ascot Resources

(Get Rating)

Ascot Resources Ltd. is an exploration company engaged in the exploration of gold, silver and copper in North America. Its projects include Premier, Red Mountain, and Non-Gold Assets. The company was founded on May 20, 1986 and is headquartered in Vancouver, Canada.

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