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Ascendant Resources Inc (DE:2D9)
FRANKFURT:2D9
RESEARCH TOOLSreports
Ascendant Resources Inc (2D9) Stock Price & Analysis
1 Followers
2D9 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€0.03 - €0.14
Previous Close€0.04
Volume0.00
Average Volume (3M)10.00K
Market Cap
€5.62M
Enterprise Value€26.67M
Total Cash (Recent Filing)$660.00K
Total Debt (Recent Filing)$19.47M
Price to Earnings (P/E)N/A
Beta-0.23
Next Earnings
May 08, 2024EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding137,605,363
10 Day Avg. Volume0
30 Day Avg. Volume10,000
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-0.44
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-1.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-3.59
Forecast
1Y Price Target
€0.24Price Target Upside495.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Ascendant Resources Inc News
PremiumCompany Announcements
Ascendant Resources Bolsters Team with Industry Veteran
PremiumCompany Announcements
Ascendant Boosts Metallurgy at Lagoa Salgada
PremiumCompany Announcements
Ascendant Unveils Expansion Potential in Portugal
PremiumPress Releases
Ascendant Resources Strengthens Executive Team
Bulls Say, Bears Say
Bulls Say
Financial BackingAnalyst reiterates Buy rating and increases price target, reflecting confidence in the company's valuation and future prospects.
Operational ProgressCompletion of private placement provides necessary capital to complete a feasibility study focused on improved metallurgy and mine sequencing.
Strategic PartnershipsRevised streaming agreement secures additional funding, expected to support further de-risking of the project and optimization studies.
Bears Say
Financial StrategyThe cost of the increased metal stream is partially offsetting the benefits of the new capital raised through private placement.
Market ConditionsThe value of potential exploration upside has been reduced due to current market conditions, which are less conducive to investing in and realizing value from exploration.
Valuation AdjustmentAnalyst has reduced the value of potential exploration upside to $30M from $40M previously due to current market conditions being less conducive to investing in and realizing value from exploration.
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2D9 FAQ
What was Ascendant Resources Inc’s price range in the past 12 months?
Ascendant Resources Inc lowest stock price was €0.03 and its highest was €0.14 in the past 12 months.
What is Ascendant Resources Inc’s market cap?
Currently, no data Available
When is Ascendant Resources Inc’s upcoming earnings report date?
Ascendant Resources Inc’s upcoming earnings report date is May 08, 2024 which is in 18 days.
How were Ascendant Resources Inc’s earnings last quarter?
Ascendant Resources Inc released its earnings results on Apr 03, 2024. The company reported -€0.142 earnings per share for the quarter, missing the consensus estimate of -€0.007 by -€0.135.
Is Ascendant Resources Inc overvalued?
According to Wall Street analysts Ascendant Resources Inc’s price is currently Undervalued.
Does Ascendant Resources Inc pay dividends?
Ascendant Resources Inc does not currently pay dividends.
What is Ascendant Resources Inc’s EPS estimate?
Ascendant Resources Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Ascendant Resources Inc have?
Currently, no data Available
What happened to Ascendant Resources Inc’s price movement after its last earnings report?
Ascendant Resources Inc reported an EPS of -€0.142 in its last earnings report, missing expectations of -€0.007. Following the earnings report the stock price went down -27.273%.
Which hedge fund is a major shareholder of Ascendant Resources Inc?
Currently, no hedge funds are holding shares in DE:2D9
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Ascendant Resources Inc Stock Smart Score
Not Ranked
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€0.24 (495.71% Upside)
€0.24 (495.71% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-75.00%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
30.92%
Trailing 12-Months
Company Description
Ascendant Resources Inc
Ascendant Resources Inc. is a Toronto-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. Through focused exploration and aggressive development plans, the Company aims to unlock the inherent potential of the project, maximizing value creation for shareholders.
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2D9 Stock 12 Months Forecast
Average Price Target
€0.24
▲(495.71% Upside)
Technical Analysis
Avrupa Minerals
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Ascendant Resources Inc
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Best Analysts Covering 2D9
1 Year
1 Year Success Rate
1/12 ratings generated profit
1 Year Average Return
-33.37%
reiterated a buy rating 3 days ago
Copying Heiko Ihle's trades and holding each position for 1 Year would result in 8.33% of your transactions generating a profit, with an average return of -33.37% per trade.
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