Ascendant Resources Future Growth

Future criteria checks 0/6

Ascendant Resources is forecast to grow earnings and revenue by 40.4% and 76.3% per annum respectively while EPS is expected to grow by 45.6% per annum.

Key information

40.4%

Earnings growth rate

45.6%

EPS growth rate

Metals and Mining earnings growth	29.6%
Revenue growth rate	76.3%
Future return on equity	n/a
Analyst coverage	Low
Last updated	17 Apr 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

TSX:ASND - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	N/A	N/A	-58	N/A	1
12/31/2025	N/A	N/A	-36	N/A	1
12/31/2024	N/A	-5	N/A	N/A	2
12/31/2023	N/A	-8	-5	-3	N/A
9/30/2023	N/A	8	-3	-2	N/A
6/30/2023	N/A	-14	-2	-2	N/A
3/31/2023	N/A	-12	-2	-2	N/A
12/31/2022	N/A	-10	-2	-1	N/A
9/30/2022	N/A	-7	-2	-2	N/A
6/30/2022	N/A	-6	-2	-2	N/A
3/31/2022	N/A	-5	-2	-2	N/A
12/31/2021	N/A	-5	-2	-2	N/A
9/30/2021	N/A	-4	-2	-2	N/A
6/30/2021	N/A	-4	-2	-2	N/A
3/31/2021	N/A	-3	-1	-1	N/A
12/31/2020	N/A	-3	10	10	N/A
9/30/2020	N/A	-3	10	10	N/A
6/30/2020	N/A	-5	15	15	N/A
3/31/2020	N/A	-7	10	10	N/A
12/31/2019	N/A	-8	8	8	N/A
9/30/2019	22	-10	4	7	N/A
6/30/2019	35	-11	-7	1	N/A
3/31/2019	58	-4	-3	13	N/A
12/31/2018	86	3	-5	16	N/A
9/30/2018	88	5	-1	22	N/A
6/30/2018	92	9	1	23	N/A
3/31/2018	79	-4	-5	13	N/A
12/31/2017	59	-12	-20	-6	N/A
12/31/2016	N/A	-6	N/A	-2	N/A
10/31/2016	N/A	0	N/A	0	N/A
7/31/2016	N/A	0	N/A	0	N/A
4/30/2016	N/A	0	N/A	0	N/A
1/31/2016	N/A	0	N/A	0	N/A
10/31/2015	N/A	0	N/A	0	N/A
7/31/2015	N/A	0	N/A	0	N/A
4/30/2015	N/A	-1	N/A	0	N/A
1/31/2015	N/A	-1	N/A	0	N/A
10/31/2014	N/A	-2	N/A	0	N/A
7/31/2014	N/A	-2	N/A	0	N/A
4/30/2014	N/A	-1	N/A	0	N/A
1/31/2014	0	-5	N/A	-1	N/A
10/31/2013	0	-5	N/A	-1	N/A
7/31/2013	0	-6	N/A	-2	N/A
4/30/2013	0	-7	N/A	-3	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASND is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ASND is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ASND is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ASND is forecast to have no revenue next year.

High Growth Revenue: ASND is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ASND's Return on Equity is forecast to be high in 3 years time

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Ascendant Resources Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Forecast to breakeven in 2025

Recent updates

Ascendant Resources Inc., Annual General Meeting, Jun 13, 2024

Ascendant Resources Inc. Reports Significant Metallurgical Improvements at its Lagoa Salgada VMS Project, Portugal

New major risk - Negative shareholders equity

New minor risk - Share price stability

Ascendant Resources Inc. announced that it has received CAD 2.74296 million in funding

Ascendant Resources Inc. announced that it expects to receive CAD 2.776 million in funding

Ascendant Resources Inc. Announces Appointment of Val Coetzee as Director of Process Engineering

New major risk - Share price stability

New minor risk - Share price stability

Ascendant Resources Announces Post-Tax Nv8 of USD 147 Million and 39% Irr from Initial Feasibility Study At Its Lagoa Salgada Project in Portugal

Ascendant Resources Inc., Annual General Meeting, Aug 23, 2023

Ascendant Resources Appoints Clinton Swemmer as Chief Technical Officer

Ascendant Resources Inc. Commences Drilling of Second Larger Step Out Geophysical Anomaly At Lagoa Salgada

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

Vice President of Technical Services recently sold CA$66k worth of stock

Ascendant Starts Drilling “Anomaly D” Exploration Target with Analogous Signature to North Zone Massive Sulphide Deposit At Lagoa Salgada

Forecast to breakeven in 2025

Ascendant Resources Reports Assay Results from an Additional Three Holes Drilled to Support Metallurgical Variability Testing in the North Zone of Venda Nova At the Lagoa Salgada VMS Project

Ascendant Resources Inc. Announces Exploration Program Targeting Several High Priority Geophysical Anomalies Adjacent to its Existing North and South Zones Within Venda Nova Area

Ascendant Resources Inc. Reports High-Grade Copper Intercept and Extends Footwall Lens to 550 Metre Strike Length with 200 Metre Step-Out Drill Hole in the Venda Nova South Deposit At Lagoa Salgada

Is Ascendant Resources (TSE:ASND) Using Too Much Debt?

Ascendant Resources Reports 12 Metres At 3.3% Copper (5.5% Cueq) and Discovers New Copper Enriched Zone Below Current Resources in the South Zone At Its Lagoa Salgada Project, Portugal

Ascendant Resources Inc. Elects Robert (Bob) M. Sellars and Christopher Jones to the Board

Ascendant Resources Inc. Announces Discovery of New Copper-Gold Zone and Reports Additional Strong Results from Its Infill Campaign At Lagoa Salgada, Portugal

Ascendant Resources Provides Update on Geological and Exploration Activities At Its Lagoa Salgada Property in Portugal

Ascendant Resources Inc. announced that it expects to receive CAD 3.5 million in funding

Ascendant Resources Intersects 78.5 Meters @ 22.72% Zinc Equivalent of Massive Sulphide in Venda Nova North Deposit At Lagoa Salgada Property Portugal

Mineral & Financial Investments Limited Announces Assays from its Investement Entity, Redcorp Empreedimentos Mineiros Lda and Ascendant Resources Inc

Ascendant Resources Inc. Provides an Update on Its Ongoing Feasibility Study and Related Activities At its Lagoa Salgada Project, Portugal

Ascendant Resources Inc. Provides Update on Its In-Fill Drill Program At Its Venda Nova Deposit At Lagoa Salgada

Ascendant Resources Inc. Begins Drill Program to Support Feasibility Study

Ascendant Resources Inc. Announces Robust Economic Results from Its Preliminary Economic Assessment (Pea) At Its Lagoa Salgada Vms Project in Portugal

Ascendant Resources Inc. Completes Phase 2 Metallurgical Test Work Program At Its Lagoa Salgada Vms Project in Portugal

Is Ascendant Resources (TSE:ASND) Using Too Much Debt?

Ascendant Resources Announces Updated Mineral Resource Estimate and Provides an Update to Geological Modeling to Support Future Growth Potential At Its Lagoa Salgada Vms Project in Portugal

Ascendant Resources Begins Preliminary Economic Assessment Combining the North and South Zones at Its Lagoa Salgada VMS Project in Portugal

Ascendant Resources Inc. announced that it has received CAD 3.9 million in funding

Ascendant Resources to Begin Phase 2 Metallurgical Test Work At Its Lagoa Salgada Vms Project in Portugal

Ascendant Resources Inc. Announces an Updated Mineral Resource Estimate for the Copper Rich South Zone at its Lagoa Salgada Project Located on the Iberian Pyrite Belt in Portugal

Independent Lead Director recently sold CA$77k worth of stock

Have Insiders Been Buying Ascendant Resources Inc. (TSE:ASND) Shares This Year?

Ascendant Resources Initiates Phase 2 Exploration Drilling Program in the Copper-Rich South Zone at Lagoa Salgada

New 90-day high: CA$0.24

Ascendant Resources Inc. Announces Results from First Three Drill Holes from its On-Going Drill Program on the South Zone at its Lagoa Salgada Project on the Iberian Pyrite Belt in Portugal

New 90-day high: CA$0.21

Ascendant Resources Discovers Native Copper Amid On-Going Drilling Campaign At Lagoa Salgada

Revenue behind estimates

Ascendant Resources Inc. announced that it has received CAD 1.26 million in funding

Ascendant Resources Inc. Initiates 2020 Exploration Program Focusing on the Copper-Rich South Zone

TSX Updates on Delisting Review of Ascendant Resources

First half earnings released

Kirungu Corporation completed the acquisition of American Pacific Honduras S.A. de C.V. from Ascendant Resources Inc. (TSX:ASND) and Chris Buncic.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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