Ascendant Resources Inc. (TSE:ASND – Get Free Report) shares were down 18.2% on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 195,500 shares changed hands during trading, an increase of 148% from the average daily volume of 78,764 shares. The stock had previously closed at C$0.06.
Ascendant Resources Stock Up 9.1 %
The company has a market capitalization of C$11.20 million, a PE ratio of -2.00 and a beta of 1.57. The company’s 50 day moving average is C$0.05 and its two-hundred day moving average is C$0.05. The company has a quick ratio of 0.04, a current ratio of 0.05 and a debt-to-equity ratio of 301.82.
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.
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