HC Wainwright Boosts Ascendant Resources (TSE:ASND) Price Target to C$0.35

Ascendant Resources (TSE:ASND) had its price objective hoisted by HC Wainwright from C$0.30 to C$0.35 in a report released on Wednesday morning, BayStreet.CA reports.

Ascendant Resources Stock Performance

Ascendant Resources stock opened at C$0.06 on Wednesday. The stock has a market capitalization of C$12.40 million, a PE ratio of 0.75 and a beta of 1.36. Ascendant Resources has a 12-month low of C$0.05 and a 12-month high of C$0.24. The company has a debt-to-equity ratio of 301.82, a current ratio of 0.11 and a quick ratio of 0.04. The firm has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.08.

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.