Ascot Resources Ltd. Forecasted to Post FY2026 Earnings of $0.19 Per Share (TSE:AOT)

Ascot Resources Ltd. (TSE:AOT) – Equities research analysts at Desjardins issued their FY2026 EPS estimates for shares of Ascot Resources in a research report issued on Thursday, July 25th. Desjardins analyst J. Sclodnick anticipates that the company will post earnings of $0.19 per share for the year. Desjardins has a “Moderate Buy” rating on the stock. The consensus estimate for Ascot Resources’ current full-year earnings is $0.01 per share. Desjardins also issued estimates for Ascot Resources’ FY2027 earnings at $0.13 EPS.

Several other research analysts have also commented on the company. BMO Capital Markets reiterated an “outperform” rating and issued a C$1.25 price target on shares of Ascot Resources in a research report on Thursday, July 4th. Raymond James raised Ascot Resources from a “market perform” rating to an “outperform” rating and raised their price objective for the company from C$0.90 to C$1.00 in a research note on Tuesday, April 23rd. Finally, CIBC lowered their price target on Ascot Resources from C$0.85 to C$0.60 in a research report on Friday, July 5th.

Ascot Resources Price Performance

Ascot Resources stock opened at C$0.46 on Monday. Ascot Resources has a 52-week low of C$0.34 and a 52-week high of C$0.91. The company has a quick ratio of 1.73, a current ratio of 0.64 and a debt-to-equity ratio of 7.77. The firm’s fifty day moving average is C$0.59 and its 200 day moving average is C$0.64. The company has a market cap of C$287.11 million, a price-to-earnings ratio of -23.00 and a beta of 1.66.

Ascot Resources (TSE:AOT) last issued its quarterly earnings data on Monday, May 13th. The company reported C($0.01) earnings per share (EPS) for the quarter.

About Ascot Resources

Ascot Resources Ltd. engages 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 property includes two landholdings, including its 100% interests in the Premier Gold Project covering an area of approximately 8,133 hectares; and Red Mountain Project that covers an area of approximately 17,125 hectares located in British Columbia.