A statement released earlier today by BMO Capital Markets about Asanko Gold (TSE:AKG) bumps the target price to $6.50
- Updated: September 16, 2016
BMO Capital Markets upped the target price of Asanko Gold (TSE:AKG) to $7, indicating a possible upside of 0.21%.
On 8/17/2016, Scotia Capital released a statement on Asanko Gold(TSE:AKG) raised the target price from $0.00 to $6.75 that indicated a possible upside of 0.15%.
Showing a price of $5.37, Asanko Gold (TSE:AKG) traded 2.89% lower on the day. The last stock close is up 19.91% from the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same time period. AKG has recorded a 50-day moving average of $5.59 and two hundred day average of $4.49. Volume of trade was was down over the average, with 949,245 shares of AKG changing hands under the typical 1,201,980 shares.
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With a market capitalization of $0.0, Asanko Gold has a P/E of 0 with a one-year low of $1.77 and a one-year high of $6.00.
General Company Details For Asanko Gold (TSE:AKG)
Asanko Gold Inc. (Asanko) is an exploration and development-stage company. The Company is focused on advancing its principal project, the Asanko Gold Mine, to commercial production. The Company’s segment is the exploration and development of resource properties. In addition to its principal project, the Company holds a portfolio of other Ghanaian gold concessions in various stages of exploration. The Asanko Gold Mine Project consists of its gold projects, the Obotan Gold Project and the Esaase Gold Project, both located in the Amansie West District of the Republic of Ghana, West Africa. The Asanko Gold Mine consists of approximately six open pit deposits over a 25 kilometers trend. Its subsidiary, PMI Gold Corporation (PMI), is a resource exploration and development company, which holds exploration and mining leases in the Ashanti and Asankrangwa Gold Belts of Ghana, Africa. The Asanko Gold Mine Project is located on the Asankrangwa gold belt in Ghana, and West Africa.
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