Ascendant Resources Inc. explores and develops mineral properties in Portugal. The company explores for silver, gold, zinc, copper, lead, and tin. It holds 80% interest in the Lagoa Salgada volcanogenic massive sulphide project covering an an area of 7,209 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. Ascendant Resources Inc. was incorporated in 2006 and is headquartered in Toronto, Canada. As of May 16, 2025, Ascendant Resources Inc. operates as a subsidiary of Cerrado Gold Inc.
Research context
Ascendant Resources Inc appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
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5 years, 6 months ago
Ascendant Resources Inc is currently in a long term uptrend where the price is trading 38.2% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.1.
Ascendant Resources Inc's total revenue sank by 100.0% to $0 since the same quarter in the previous year.
Its net income has dropped by 121.0% to $-754K since the same quarter in the previous year.
Finally, its free cash flow grew by 82.8% to $-542K since the same quarter in the previous year.
Based on the above factors, Ascendant Resources Inc gets an overall score of 3/5.