ASND : Ascendant Resources Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Ascendant Resources Inc trades with the ticker ASND on the TSX and is in the Other Industrial Metals & Mining industry.

Overview
Ascendant Resources Inc., a mining company, explores for and develops mineral properties. The company explores for zinc, copper, lead, tin, silver, gold, and other metals. It holds 50% interest in the Lagoa Salgada volcanogenic massive sulphide project, which covers an area of 10,700 hectares located on the Iberian Pyrite Belt in Portugal. The company was formerly known as Morumbi Resources Inc. and changed its name to Ascendant Resources Inc. in December 2016. The company was incorporated in 2006 and is headquartered in Toronto, Canada.
 

Looking to invest in Ascendant Resources Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

ASND.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $12.396MM

PE Ratio: 0.75

Price: 148.17 (Updated: 3/12/2024 0:47:16)



Ascendant Resources Inc (ASND) vs Competitors in Other Industrial Metals & Mining

Lets see how ASND.TO stacks up against others in the Other Industrial Metals & Mining asset management industry. We have identified its main peers as:

Almonty Industries Inc, Altius Minerals Corporation, Aquila Resources Inc, Auryn Resources Inc, Avalon Advanced Materials Inc

.

Other Industrial Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Almonty Industries Inc (AII) $142.672 N/A -183.262 N/A%
Altius Minerals Corporation (ALS) $888.413 49.658 16.638 1.7%
Aquila Resources Inc (AQA) $28.861 N/A 0.0 0.0%
Ascendant Resources Inc (ASND) $12.396 0.75 3.873 N/A%
Auryn Resources Inc (AUG) $347.59 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Other Industrial Metals & Mining

  • Ascendant Resources Inc (ASND) vs Almonty Industries Inc (AII)
    • ASND has higher EPS (0.08 vs -0.04). AII has a P/E under 0, indicating ASND (P/E 0.75) is in a better position.
  • Ascendant Resources Inc (ASND) vs Altius Minerals Corporation (ALS)
    • ALS has higher EPS (0.38 vs 0.08). ALS provides dividends, while ASND does not. ALS has a higher P/E ratio (49.658 vs 0.75) indicating it’s more expensive.
  • Ascendant Resources Inc (ASND) vs Aquila Resources Inc (AQA)
    • ASND has higher EPS (0.08 vs -0.024). AQA provides dividends, while ASND does not. AQA has a P/E under 0, indicating ASND (P/E 0.75) is in a better position.
  • Ascendant Resources Inc (ASND) vs Auryn Resources Inc (AUG)
    • ASND has higher EPS (0.08 vs -0.185). AUG provides dividends, while ASND does not. AUG has a P/E under 0, indicating ASND (P/E 0.75) is in a better position.
  • Ascendant Resources Inc (ASND) vs Avalon Advanced Materials Inc (AVL)
    • ASND has higher EPS (0.08 vs -0.01). AVL has a P/E under 0, indicating ASND (P/E 0.75) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (0.75) than the industry average (13.24), indicating potential undervaluation.
 

How to Buy ASND stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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