Ascendant Resources Inc. (TSX: ASND)

Canada flag Canada · Delayed Price · Currency is CAD
0.0550
-0.0050 (-8.33%)
May 17, 2024, 2:47 PM EDT
-75.00%
Market Cap 7.57M
Revenue (ttm) n/a
Net Income (ttm) -10.58M
Shares Out 180.02M
EPS (ttm) -0.05
PE Ratio n/a
Forward PE 1.17
Dividend n/a
Ex-Dividend Date n/a
Volume 64,500
Open 0.0600
Previous Close 0.0600
Day's Range 0.0550 - 0.0600
52-Week Range 0.0500 - 0.2100
Beta 1.41
Analysts n/a
Price Target 0.32 (+481.82%)
Earnings Date May 16, 2024

About Ascendant Resources

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, 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. Ascendant Resources Inc. was incorporated in 2006 and is headquartered in Toronto, Canada. [Read more]

Sector Materials
CEO Mr. Mark Peter Brennan
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol ASND
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

News

Ascendant Appoints Senior IPB Veteran Guy Lauzier, P.Eng. As Technical Advisor For Development Of Lagoa Salgada Project

Senior Mining Engineer with oversight expertise in mine planning, design, construction and project management for Matsa, Aljustrel and Neves Corvo's VMS projects on the Iberian Pyrite Belt; Strengthen...

4 weeks ago - Accesswire

Ascendant Reports Significant Metallurgical Improvements at Its Lagoa Salgada VMS Project, Portugal

Results demonstrate ability to produce saleable and highly marketable Zinc and Lead concentrates from the Primary Massive Sulphide domain. Significant improvement in Zinc recoveries (13% increase) and...

5 weeks ago - Accesswire

Gravity Survey Results Identify High Impact Near Deposit Massive Sulphide Exploration Targets at its Lagoa Salgada VMS Project, in Portugal

New High-Resolution gravity survey suggests potential to rapidly expand Massive Sulphide Mineralization at current Venda Nova North and South Deposits Multiple additional gravity anomalies identified ...

2 months ago - Accesswire

Ascendant Provides Summary of 2023 Achievements and Outlook for 2024

TORONTO, ON / ACCESSWIRE / January 11, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF)(FRA:2D9) ("Ascendant" or the "Company"), is pleased to provide a summary of the significant milestones ac...

4 months ago - Accesswire

Ascendant Resources Announces Closing of Second and Final Tranche of Non-Brokered Private Placement

Funds to be used to progress Met testing and optimizing the feasibility study report NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES TORONTO, ON / ACCESSWIRE /...

4 months ago - Accesswire

Ascendant Resources Inc. Announces Submission of the Environmental Impact Assessment ("EIA") for its Lagoa Salgada VMS Project, in Portugal

Environmental Impact Assessment ("EIA") submitted to the Portuguese Environmental Authority, APA ("Agência Portuguesa do Ambiente"). Approval of the EIA is expected by the end of June 2024 following w...

4 months ago - Accesswire

Ascendant Resources Announces Non-Brokered Private Placement

• Funds to Progress Project Towards Delivering an Optimized Feasibility study and the Completion of Project Financing for Lagoa Salgada NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINA...

5 months ago - Accesswire

Ascendant Appoints Banco Santander S.A. as Mandated Lead Arranger for Export Credit Agency Supported Project Financing at its Lagoa Salgada Project, Portugal

Banco Santander S.A. appointed as Sole Mandated Lead Arranger ("MLA") for up to US$158m in potential UKEF (UK Export Credit Agency) Supported Project Financing for Lagoa Salgada, Portugal TORONTO, ON ...

5 months ago - Accesswire

Ascendant Announces Closing of US$4 Million Funding for Its Lagoa Salgada VMS Project in Portugal

Amendment of existing Stream Agreement with Sprott Streaming for an additional US$4 million Funding to further Optimize Development of Lagoa Salgada TORONTO, ON / ACCESSWIRE / December 4, 2023 / Ascen...

5 months ago - Accesswire

Ascendant reports additional $4M funding for Lagoa Salgada VMS project in Portugal

Ascendant Resources is finalizing an amendment to increase funding for its Lagoa Salgada project in Portugal, with an increased stream percentage and a...

6 months ago - Seeking Alpha

Ascendant Announces Additional US$4 Million Funding for Its Lagoa Salgada VMS Project in Portugal

Finalizing amendment of existing Stream Agreement with Sprott Streaming for an additional US$4 million Funding to further Optimize Development of Lagoa Salgada Focus on Improved Metallurgical Recoveri...

6 months ago - Accesswire

Tender Process Oversubscribed and International Bank Selected to Act as Mandated Lead Arranger for Export Credit Agency Supported Non-recourse Project Financing for Its Lagoa Salgada Project in Portugal

Selected Mandated Lead Arranger for Lagoa Salgada Polymetallic VMS Project, Portugal On-boarding and formal engagement to be completed in coming weeks TORONTO, ON / ACCESSWIRE / October 18, 2023 / Asc...

7 months ago - Accesswire

ASCENDANT ANNOUNCES APPOINTMENT OF MR. VAL COETZEE AS DIRECTOR OF PROCESS ENGINEERING

TSX: ASND www.ascendantresources.com Appointment of Highly Experienced Process Engineer to Enhance Technical Capacity Expansion of Technical Services Team To Support Ongoing Development Programs TORON...

7 months ago - PRNewsWire

ASCENDANT RESOURCES ENTERS TENDER PHASE FOR MANDATED LEAD ARRANGER FOR ITS EXPORT CREDIT AGENCY SUPPORTED PROJECT FINANCING AT ITS LAGOA SALGADA PROJECT IN PORTUGAL

TSX: ASND www.ascendantresources.com Lead Project Financing Bank(s) Expected To be Appointed by late September TORONTO , Sept. 5, 2023 /PRNewswire/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF...

9 months ago - PRNewsWire

ASCENDANT RESOURCES EARNS 80% INTEREST IN THE LAGOA SALGADA PROJECT IN PORTUGAL AND FILES FEASIBILITY STUDY

TSX: ASND www.ascendantresources.com •  PROJECT OWNERSHIP INCREASED TO 80% •  FEASIBILITY STUDY FILED ON SEDAR+ TORONTO , Aug. 1, 2023 /PRNewswire/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF...

10 months ago - PRNewsWire

ASCENDANT RESOURCES ANNOUNCES POST-TAX NPV8 OF US$147 MILLION AND 39% IRR FROM INITIAL FEASIBILITY STUDY AT ITS LAGOA SALGADA PROJECT IN PORTUGAL

TSX: ASND www.ascendantresources.com Completes Requirement for Project Ownership to Increase to 80% Robust economics to drive construction funding solid operating basis to drive initial production Opt...

10 months ago - PRNewsWire

ASCENDANT RESOURCES ANNOUNCES DATE OF ANNUAL SHAREHOLDERS' MEETING

TSX: ASND www.ascendantresources.com TORONTO , July 17, 2023 /PRNewswire/ - (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") is pleased to announce that an annual and special meeti...

10 months ago - PRNewsWire

ASCENDANT ANNOUNCES POTENTIAL EXPORT CREDIT AGENCY SUPPORT FOR PROJECT FINANCE AT ITS LAGOA SALGADA PROJECT IN PORTUGAL

TSX: ASND www.ascendantresources.com UKEF, the UK Export Credit Agency, selected from group of 4 compliant Expressions of Interest Potentially up to US$190 million in Export Credit Agency ("ECA") supp...

11 months ago - PRNewsWire

ASCENDANT PROVIDES UPDATE FOR ITS LAGOA SALGADA PROJECT IN PORTUGAL

TSX: ASND www.ascendantresources.com TORONTO , June 23, 2023 /PRNewswire/ - Ascendant Resources Inc. - (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") announces that it and its jo...

11 months ago - PRNewsWire

ASCENDANT RESOURCES CONFIRMS SALEABLE GRADE CONCENTRATES ACHIEVED FOR COPPER, LEAD AND ZINC WITH STRONG RECOVERIES AND PRECIOUS METAL CREDITS AT ITS LAGOA SALGADA VMS PROJECT, PORTUGAL

TSX: ASND www.ascendantresources.com •     Optimization Tests Continuing for Final Grade and Recovery Profiles TORONTO , May 2, 2023 /PRNewswire/ - Ascendant Resources Inc. – (TSX: ASND) (OTCQB: ASDRF...

1 year ago - PRNewsWire

Ascendant Resources Strengthens Executive Team

TORONTO, March 14, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that it has strengthened its executive t...

1 year ago - GlobeNewsWire

Ascendant Resources Appoints Clinton Swemmer Chief Technical Officer

Mr. Erich Meintjes appointed as Director of Engineering Mr. Erich Meintjes appointed as Director of Engineering

1 year ago - GlobeNewsWire

Ascendant Commences Drilling of Second Larger Step Out Geophysical Anomaly at Lagoa Salgada

TORONTO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that it has mobilized a second drill rig ...

1 year ago - GlobeNewsWire

Ascendant Resources Announces High Grade Copper Assay Results Supporting High-Grade Copper Corridor at the Venda Nova South Zone

TORONTO, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND, OTCQB:ASDRF) (“Ascendant” or the “Company”) is pleased to report assay results from the latest drill holes executed in t...

1 year ago - GlobeNewsWire

Ascendant Resources Engages Leading Decarbonization Consultant to Drive Carbon Neutrality at Lagoa Salgada

TORONTO, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that the company has engaged Synergy Ente...

1 year ago - GlobeNewsWire