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.
Metrics to compare | ASND | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipASNDPeersSector | |
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P/E Ratio | −2.0x | −16.6x | 2.2x | |
PEG Ratio | −0.15 | 0.00 | 0.00 | |
Price/Book | −0.7x | 1.7x | 1.6x | |
Price / LTM Sales | - | 8.0x | 1.3x | |
Upside (Analyst Target) | 28.3% | 93.8% | 21.1% | |
Fair Value Upside | Unlock | −31.9% | 1.3% | Unlock |