Ascendant Resources Inc. (ASDRF) Research

Ascendant Resources Inc. operates as a mining enterprise, dedicating its efforts to the exploration and development of mineral properties. The company's focus includes identifying and advancing deposits rich in various metals such as zinc, copper, lead, tin, silver, and gold. A significant asset for Ascendant is its 50% ownership stake in the Lagoa Salgada volcanogenic massive sulphide project, a site encompassing 10,700 hectares located within Portugal's Iberian Pyrite Belt. The firm, which was established in 2006 and maintains its headquarters in Toronto, Canada, previously conducted business as Morumbi Resources Inc. before rebranding to Ascendant Resources Inc. in December 2016.

Market snapshot

Symbol
ASDRF
Price
$0.05
Day change
-7.06%
Market cap
$9.9M
P/E ratio
-5.37x
52-week range
0.019-0.0666
Sector
Basic Materials
Industry
Industrial Materials

Peer companies

  • Athabasca Minerals Inc. (ABCAF)
  • Altaley Mining Corporation (ATLYF)
  • Visionary Copper & Gold Mines Inc. (CLLXF)
  • Olympio Metals Limited (COPGF)
  • Deep-South Resources Inc. (DSMTF)
  • Forum Energy Metals Corp. (FDCFF)
  • Palladium One Mining Inc. (NKORF)
  • Solstice Minerals Limited (SMRSF)

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