Ascot Resources (OTCMKTS:AOTVF) Shares Down 4.5% – Here’s Why

Shares of Ascot Resources Ltd. (OTCMKTS:AOTVF – Get Free Report ) fell 4.5% on Monday. The stock traded as high as $0.11 and last traded at $0.12. 687,777 shares changed hands during trading, up 55% from the session’s average volume of 442,467 shares. Shares previously closed at $0.12.

Ascot Resources price performance

The company’s 50-day simple moving average is $0.25 and its 200-day simple moving average is $0.40.

About Ascot Resources

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Ascot Resources Ltd. is engaged in the exploration, evaluation and development of mineral properties in the United States and Canada. It explores for gold, silver, copper, porphyry copper, molybdenum and sand and gravel deposits. The Company’s principal holdings include two land holdings, including its 100% interests in the Premier Gold Project, covering an area of ​​approximately 8,133 hectares; and the Red Mountain Project covering an area of ​​approximately 17,125 hectares located in British Columbia.

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