Ascendant Resources (TSE:ASND) Given New C$2.10 Price Target at HC Wainwright

Ascendant Resources (TSE:ASND) had its price target lifted by HC Wainwright from C$2.00 to C$2.10 in a research report sent to investors on Thursday morning, BayStreet.CA reports.

Separately, Cormark reduced their price target on Spin Master from C$39.00 to C$37.00 in a research report on Friday, May 10th.

Shares of Ascendant Resources stock opened at C$0.40 on Thursday. The firm’s fifty day simple moving average is C$0.38. 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 $30.84 million and a P/E ratio of -6.15. Ascendant Resources has a 1-year low of C$0.32 and a 1-year high of C$0.83.

About Ascendant Resources

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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