Ascot Resources (AOT.H) AI Stock Analysis

• Market Cap: C$28.26M
• Dividend Yield: N/A
• Average Volume (3M): 1.94M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.73
• Revenue Growth: -93.18%
• EPS Growth: -1212.96%
• Country: CA
• Employees: 121
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.02
• Shares Outstanding: 29,751,602
• 10 Day Avg. Volume: 1,091,011
• 30 Day Avg. Volume: 1,944,047
• PEG Ratio: -0.02
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 7.58
• P/FCF Ratio: -0.73
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: C$0.75 ▲(1.89% Upside)

The score is driven primarily by weak financial performance—sharp revenue decline, very large losses, and ongoing negative operating and free cash flow—despite only moderate leverage. Technicals add further pressure due to a clear longer-term downtrend (below key moving averages and negative MACD), while valuation provides limited support given the negative P/E and no dividend yield data.

Positive Factors

Canada-focused gold exploration

A concentrated focus on advancing Canadian gold projects aligns the company with a deep domestic investor base and established service providers. This specialization supports repeatable exploration workflows, easier access to local JV partners, and clearer exit paths via asset sales or option deals.

Multiple monetization pathways

The business model explicitly relies on equity financings, property sales, earn-ins and joint ventures, giving flexibility to fund exploration and de-risk projects. Multiple exit/monetization routes reduce dependency on a single outcome and improve chances of realizing project value over time.

Moderate leverage

Low reported debt relative to equity (D/E ~0.21) limits fixed-charge pressure and preserves financial optionality. With moderate leverage the company can pursue additional project funding or structured deals without immediate insolvency risk, a durable advantage during prolonged exploration phases.

Negative Factors

Collapse in revenue and large net loss

A near-total revenue collapse alongside a massive TTM loss materially weakens the firm’s ability to self-fund exploration or attract non-dilutive partners. Persistently large losses erode strategic flexibility and increase reliance on external capital, constraining long-term project advancement.

Persistent cash burn; negative OCF and FCF

Sustained negative operating and free cash flow indicate the company is burning cash to fund activities, forcing repeated financings or asset disposals. This structural cash shortfall raises dilution risk and can delay exploration programs or JV negotiations, impairing long-term value creation.

Eroded equity and very weak returns

A sharp reduction in shareholders' equity and extremely negative ROE show the capital base is being consumed. Diminished equity cushions limit future financing options, increase insolvency vulnerability, and signal that past capital deployment has not generated returns, undermining long-term investor confidence.

Ascot Resources Business Overview & Revenue Model

Company Description

Ascot Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in the United States and Canada. The company explores for gold, silver, copper, porphyry copper, molybdenum, and sand and gravel deposits. Its principal property is the 100% owned Premier Gold project covering an area of approximately 8,133 hectares located on the northwest of the town of Stewart, British Columbia. The company was incorporated in 1986 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Ascot Resources makes money through the exploration, development, and eventual production and sale of precious metals, primarily gold and silver. The company's revenue model is centered around advancing its Premier Gold Project towards production, which involves extracting and processing ore to produce gold and silver bullion. Revenue streams are expected to be generated from the sale of these commodities in the global metals market. Significant partnerships with engineering, procurement, and construction management firms, as well as strategic financial investments, contribute to the company's ability to bring its projects to fruition and generate earnings.

Ascot Resources Financial Statement Overview

Summary

Ascot Resources is facing financial challenges with consistent net losses and negative cash flow, despite having a strong equity position. The company's reliance on external financing and significant capital expenditures have strained cash resources. Improvements in revenue generation and operational efficiency are needed to enhance financial stability and performance.

Income Statement

Ascot Resources has shown no revenue until the most recent year, indicating a lack of sales activity. While there is positive gross profit in 2024, the company has consistently reported net losses, with a net profit margin of -204.84% in 2024. The EBIT and EBITDA margins are also negative, reflecting challenges in achieving profitability.

Balance Sheet

The company has a moderate debt-to-equity ratio of 0.10, indicating a relatively conservative use of debt. The equity ratio is 51.03%, suggesting a strong equity base relative to assets. However, the return on equity has been negative due to persistent net losses, indicating inefficiencies in generating returns on shareholder investment.

Cash Flow

Free cash flow has been negative, and the company has experienced significant capital expenditures, leading to a high cash burn rate. The operating cash flow to net income ratio is negative, reflecting challenges in converting operations into cash. Cash flow from financing activities has been positive, indicating reliance on external funding.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	983.00K	15.39M	0.00	0.00	0.00	0.00
Gross Profit	291.00K	846.00K	0.00	-549.00K	-859.00K	-997.00K
EBITDA	-351.88M	-28.91M	-8.70M	-10.27M	-2.26M	-6.58M
Net Income	-362.41M	-31.51M	-10.43M	-10.81M	-2.95M	-8.43M
Balance Sheet
Total Assets	567.80M	842.10M	630.39M	379.10M	339.05M	249.98M
Cash, Cash Equivalents and Short-Term Investments	5.39M	27.97M	26.97M	7.47M	59.13M	43.63M
Total Debt	29.99M	44.04M	27.27M	22.69M	42.11M	43.87M
Total Liabilities	425.52M	412.28M	279.63M	70.16M	81.84M	72.33M
Stockholders Equity	142.28M	429.81M	350.76M	308.94M	257.20M	177.65M
Cash Flow
Free Cash Flow	-94.77M	-159.12M	-141.60M	-110.93M	-65.06M	-18.72M
Operating Cash Flow	-17.02M	-5.68M	-13.25M	-5.04M	-7.64M	-5.11M
Investing Cash Flow	-79.80M	-114.23M	-129.40M	-105.95M	-55.09M	-12.63M
Financing Cash Flow	92.32M	120.95M	162.13M	59.33M	79.77M	55.52M

Ascot Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.74
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AOT.H, the sentiment is Positive. The current price of 0.74 is below the 20-day moving average (MA) of 0.85, below the 50-day MA of 1.04, and below the 200-day MA of 2.11, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 50.68 is Neutral, neither overbought nor oversold. The STOCH value of 51.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:AOT.H.

Ascot Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SAG	50 Neutral	C$69.19M	-3.95	-58.10%	―	―	-919.03%
FSY	50 Neutral	C$106.46M	-37.83	-9.83%	―	―	49.12%
CDB	47 Neutral	C$68.47M	-3.76	-309.54%	―	―	-8.78%
AOT.H	41 Neutral	C$28.26M	-0.12	-132.52%	―	-93.18%	-1212.96%

Ascot Resources Corporate Events

Ascot Resources Closes Oversubscribed Rights Offering, Strengthens Financial Position

Ascot Resources Ltd. announced the successful closing of its rights offering, raising gross proceeds of C$14,871,517 through the issuance of 1,487,151,720 common shares. The offering was oversubscribed, and the company plans to use the net proceeds to settle outstanding debts. This move strengthens Ascot’s financial position without creating new insiders, and the share consolidation is set to take effect on December 16, 2025.

The most recent analyst rating on ($TSE:AOT.H) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Ascot Resources stock, see the TSE:AOT.H Stock Forecast page.

Ascot Resources to Implement Share Consolidation on December 16, 2025

Ascot Resources Ltd. has announced the effective date for its share consolidation, set for December 16, 2025. This consolidation is part of a broader restructuring strategy that includes a rights offering, bridge financing, and private placement. The consolidation will convert 50 pre-consolidation shares into one post-consolidation share, significantly reducing the number of outstanding shares. This move is expected to streamline Ascot’s capital structure and potentially enhance its market positioning, pending final approval from the TSX Venture Exchange.

The most recent analyst rating on ($TSE:AOT.H) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Ascot Resources stock, see the TSE:AOT.H Stock Forecast page.

Ascot Resources Updates on Rights Offering to Raise C$14.87 Million

Ascot Resources has announced an update on its rights offering, aiming to raise up to C$14,871,517. The offering allows shareholders to acquire additional shares, with the process set to expire on December 12, 2025. This initiative is part of Ascot’s strategy to strengthen its financial position and support its operations at the Premier Gold mine. Shareholders in eligible jurisdictions can participate, while others may need to establish eligibility to partake in the offering.

The most recent analyst rating on ($TSE:AOT.H) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Ascot Resources stock, see the TSE:AOT.H Stock Forecast page.

Ascot Resources Announces C$150 Million Private Placement to Fund Mining Projects

Ascot Resources Ltd. has announced a brokered private placement to raise up to C$150 million, with an option for an additional C$25 million, to fund its mining projects and for general corporate purposes. The placement involves selling common shares and flow-through shares, with significant shareholder Ccori Apu S.A.C. maintaining its 32% ownership. The proceeds will be used to further develop the Premier Gold Mine and Red Mountain project, with certain funds allocated to Canadian development expenses. The offering is contingent upon necessary approvals and the completion of previously announced corporate actions.

The most recent analyst rating on ($TSE:AOT.H) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Ascot Resources stock, see the TSE:AOT.H Stock Forecast page.

Ascot Resources Pursues Restructuring Amid Financial Uncertainty

Ascot Resources announced that it is continuing to pursue a restructuring plan involving a C$150 million private placement and secured creditor restructuring. However, the company has yet to finalize the structure and pricing of the private placement, and if it is not completed, Ascot may need to consider alternatives such as initiating proceedings under the Companies’ Creditors Arrangement Act. The company currently has a cash position of C$1.9 million, which is expected to sustain operations until mid-December, highlighting the urgency of finalizing the restructuring to maintain financial stability.

The most recent analyst rating on ($TSE:AOT.H) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Ascot Resources stock, see the TSE:AOT.H Stock Forecast page.

Ascot Resources Reports Increased Losses and Announces Restructuring Plans

Ascot Resources Ltd. reported its financial results for the third quarter of 2025, revealing a significant increase in net loss compared to the previous year, primarily due to care and maintenance expenses and an impairment charge. The company announced a rights offering to raise funds to settle outstanding debts and is undergoing a restructuring process with Fiore Management and Advisory Corp. to enhance its leadership and financial position. Ascot is also working on restructuring its existing debt with Nebari Group and amending secured streams with Sprott Private Resource Streaming and Royalty Corp. The company’s shares have been delisted from the Toronto Stock Exchange and are now trading on the NEX Board of TSXV.

The most recent analyst rating on ($TSE:AOT.H) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Ascot Resources stock, see the TSE:AOT.H Stock Forecast page.

Ascot Resources Launches C$0.01 Rights Offering to Raise Over C$14 Million

Ascot Resources Ltd. has announced a rights offering to raise up to C$14,871,517 by issuing 1,487,151,720 rights to its shareholders. Each right allows the holder to purchase one common share at C$0.01, with the offering set to close on December 12, 2025. The company has secured a standby agreement with Fiore Management and Advisory Corp. to purchase any unsubscribed shares. This initiative aims to strengthen Ascot’s financial position, with plans for a subsequent 50:1 share consolidation and a private placement. The success of these financial maneuvers is crucial, as failure to close a significant portion of the private placement could lead to proceedings under the Companies’ Creditors Arrangement Act.

The most recent analyst rating on ($TSE:AOT.H) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Ascot Resources stock, see the TSE:AOT.H Stock Forecast page.

Ascot Resources Announces Strategic Restructuring to Stabilize Operations

Ascot Resources Ltd. has announced a strategic restructuring plan involving a C$0.01 per share rights offering and a 50:1 share consolidation, supported by Fiore Management and Advisory Corp. This move aims to stabilize the company’s capital structure and advance the Red Mountain Deposit, with the ultimate goal of restarting production at the Premier Gold Project. The restructuring has the backing of major shareholders and creditors, and includes negotiations for bridge financing and debt restructuring with Nebari and Sprott. The company acknowledges the challenges faced by shareholders but sees this as a necessary step to secure its financial future and operational capabilities.

The most recent analyst rating on ($TSE:AOT.H) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Ascot Resources stock, see the TSE:AOT.H Stock Forecast page.