Ascot Resources (OTCMKTS:AOTVF) Shares Down 3.8% – Here’s What Happened

Shares of Ascot Resources Ltd. (OTCMKTS:AOTVF) traded down 3.8% during trading on Wednesday . The stock traded as low as $1.2492 and last traded at $1.25. 5,336 shares changed hands during trading, a decline of 92% from the average session volume of 70,766 shares. The stock had previously closed at $1.30.

Ascot Resources Stock Down 3.8%

The stock has a fifty day moving average of $0.73 and a 200-day moving average of $0.28.

Ascot Resources Company Profile

Ascot Resources Ltd. is a Canadian mineral exploration and development company focused on advancing gold projects in the prolific Golden Triangle region of northwestern British Columbia. Headquartered in Vancouver, the company’s primary asset is the Premier Gold Project, which encompasses multiple former-producing zones and high-grade deposits situated near the town of Stewart. Ascot holds an extensive land package that includes the Silver Coin and Auger Lake properties, each of which contributes to the overall resource base and near-term development potential.

The Premier Gold Project is the cornerstone of Ascot’s project portfolio and has been the subject of extensive drilling, metallurgical testing and engineering studies.