Ascendant Resources (TSE:ASND) had its price target dropped by equities research analysts at Eight Capital from C$1.00 to C$0.90 in a research note issued to investors on Thursday. Eight Capital’s price target would indicate a potential upside of 50.00% from the stock’s current price.
Separately, HC Wainwright decreased their price target on Ascendant Resources from C$2.50 to C$2.40 in a research note on Thursday, August 9th.
Shares of ASND stock opened at C$0.60 on Thursday. Ascendant Resources has a 52-week low of C$0.50 and a 52-week high of C$1.23.
Ascendant Resources Company Profile
Ascendant Resources Inc acquires, develops, explores for and evaluates mineral properties in Canada. It has 100% interests in the El Mochito zinc, silver, and lead mine located in Honduras. The company was formerly known as Morumbi Resources Inc and changed its name to Ascendant Resources Inc in December 2016.
Further Reading: Calculate Your Return on Investment (ROI)
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