Ascendant Resources (TSE:ASND) PT Raised to C$0.35 at HC Wainwright

Ascendant Resources (TSE:ASND) had its price objective lifted by HC Wainwright from C$0.30 to C$0.35 in a research note released on Wednesday morning, BayStreet.CA reports.

Ascendant Resources Stock Down 14.3 %

Shares of TSE:ASND opened at C$0.06 on Wednesday. Ascendant Resources has a 1 year low of C$0.05 and a 1 year high of C$0.25. The company has a debt-to-equity ratio of 301.82, a current ratio of 0.11 and a quick ratio of 0.04. The business’s 50-day moving average is C$0.06 and its 200-day moving average is C$0.08. The company has a market capitalization of C$12.40 million, a price-to-earnings ratio of 0.75 and a beta of 1.36.

About Ascendant Resources

Ascendant Resources Inc, a mining company, explores for and develops mineral properties. The company explores for zinc, copper, lead, tin, silver, gold, and other metals. It holds 50% interest in the Lagoa Salgada volcanogenic massive sulphide project, which covers an area of 10,700 hectares located on the Iberian Pyrite Belt in Portugal.