Ascendant Resources Inc. (TSE:ASND – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.05 and traded as low as C$0.05. Ascendant Resources shares last traded at C$0.06, with a volume of 40,200 shares.
Ascendant Resources Price Performance
The company has a current ratio of 0.05, a quick ratio of 0.04 and a debt-to-equity ratio of 301.82. The company’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.04. The stock has a market cap of C$10.27 million, a price-to-earnings ratio of -1.83 and a beta of 1.57.
Ascendant Resources Company Profile
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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