Rodman & Renshaw began coverage on shares of Ascendant Resource (NASDAQ:MRMBF) in a research note issued to investors on Monday, August 7th, The Fly reports. The firm issued a buy rating on the stock.

Shares of Ascendant Resource (NASDAQ:MRMBF) opened at 0.5814 on Monday. The firm has a 50-day moving average price of $0.53 and a 200 day moving average price of $0.70. The stock’s market capitalization is $34.18 million. Ascendant Resource has a one year low of $0.24 and a one year high of $1.26.

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The Fly

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