HC Wainwright Trims Ascendant Resources (TSE:ASND) Target Price to C$0.30

Ascendant Resources (TSE:ASND) had its price target trimmed by HC Wainwright from C$0.35 to C$0.30 in a research report report published on Thursday morning, BayStreet.CA reports.

Ascendant Resources Trading Down 10.0 %

Shares of ASND opened at C$0.05 on Thursday. The company has a market capitalization of C$8.40 million, a P/E ratio of -0.90 and a beta of 1.41. Ascendant Resources has a one year low of C$0.04 and a one year high of C$0.16. The company has a debt-to-equity ratio of 301.82, a quick ratio of 0.04 and a current ratio of 0.26. The stock has a 50-day moving average price of C$0.05 and a 200 day moving average price of C$0.06.

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.