FY2025 Earnings Forecast for Ascot Resources Ltd. Issued By Raymond James (TSE:AOT)

Ascot Resources Ltd. (TSE:AOT) – Stock analysts at Raymond James issued their FY2025 earnings estimates for shares of Ascot Resources in a report issued on Monday, April 22nd. Raymond James analyst C. Stanley anticipates that the company will post earnings per share of $0.04 for the year. Raymond James currently has a “Outperform” rating and a $1.00 price target on the stock. The consensus estimate for Ascot Resources’ current full-year earnings is $0.01 per share.

Ascot Resources Trading Down 2.6 %

Shares of Ascot Resources stock opened at C$0.75 on Wednesday. The stock has a market capitalization of C$467.79 million, a P/E ratio of -18.75 and a beta of 1.54. The company has a quick ratio of 1.73, a current ratio of 1.95 and a debt-to-equity ratio of 5.62. The company has a 50-day simple moving average of C$0.71 and a 200 day simple moving average of C$0.55. Ascot Resources has a 12-month low of C$0.34 and a 12-month high of C$0.91.

About Ascot Resources

Ascot Resources Ltd. operates as a mineral development and exploration company in the United States and Canada. It explores for gold, silver, copper, porphyry copper, molybdenum, and gravel deposits. The Company's principal property includes two landholdings, including its 100% interests in the Premier Gold Project covering an area of 8,133 hectares; and Red Mountain Project that covers an area of 17,125 hectares located in British Columbia.