Ascendant Resources Inc. (T:ASND)
Business Focus: Specialty Mining & Metals (NEC)
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Latest 10 SEDI filings for ASND within the last 6 months
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Company News
Apr 15, 2024 06:00 ET
Ascendant Appoints Senior IPB Veteran Guy Lauzier, P.Eng. As Technical Advisor For Development Of Lagoa Salgada Project
TORONTO, ON / ACCESSWIRE / April 15, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQX:ASDRF)(FRA:2D9) ("Ascendant" or the "Company") is pleased to announce that it has strengthened its management team with the appointment of Mr. Guy Lauzier, P.Eng., who has been appointed as Technical Adviser for its Lagoa Salgada project. Mr. Lauzier will work with the management team to enhance the design, construction and delivery of the Lagoa Salgada VMS Project, located on the Iberian Pyrite Belt, in Portugal.
Apr 10, 2024 06:00 ET
Ascendant Reports Significant Metallurgical Improvements at Its Lagoa Salgada VMS Project, Portugal
TORONTO, ON / ACCESSWIRE / April 10, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQX:ASDRF);(FRA:2D9) ("Ascendant" or the "Company") provides an update on the optimization metallurgical test program on the primary massive sulphides ("PMS") domain at Lagoa Salgada. The Massive Sulphides are the highest margin domain and a large value driver of NPV for the Lagoa Salgada Project. Bench scale metallurgical testing on composite samples from the PMS ore body were completed by Maelgwyn Metallurgical Laboratories (South Africa) with over
Valuation Ratios
Industry
Sector
Beta
1.37
--
--
Price to Sales - TTM
--
5.33
4.60
Price to Book - most recent quarter
--
1.92
2.04
Price to Cash Flow per share - TTM
--
14.27
9.59
Price to Free Cash Flow per share - TTM
--
6.97
20.54
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 30, 2024 | 483 | -141,275 |
| Apr 15, 2024 | 141,758 | 95,986 |
| Mar 31, 2024 | 45,772 | -305,469 |
Business Summary
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
Ascendant Resources Inc. is a Canada-based mining company. The Company is focused on the exploration and development of the prospective Lagoa Salgada volcanogenic massive sulfide (VMS) project located in the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is located within the north-western section of the prolific Iberian Pyrite Belt in Portugal, approximately 80 kilometers southeast of Lisbon. The project is comprised of a single exploration permit covering an area of approximately 7,209 hectares. The Project represents an early-stage, potentially high-grade, polymetallic zinc-lead-copper exploration opportunity. The Lagoa Salgada project comprises two known deposits, the Venda Nova North, and South Deposits. The Lagoa Salgada north deposit is comprised of gossan (Gos) mineralization. The Lagoa Salgada south deposit comprises copper-rich stringer / fissure / stockwork and remobilized mineralization.
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