Asanko Gold (TSE:AKG) stock price target increased to $7.50, released a research note earlier today by Scotia Capital
- Updated: October 14, 2016
Yesterday Asanko Gold (TSE:AKG) traded -5.15% lower at $4.79. The company’s 50-day moving average is $5.34 and its 200-day moving average is $4.80. The last closing price is down -0.30% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 765,460 shares of the stock were exchanged, down from an average trading volume of 1,229,100
Scotia Capital raised the target price of Asanko Gold (TSE:AKG) to $7.50 stating a possible upside of 0.57%.
Previously on 09/20/2016, Scotia Capital reported on Asanko Gold (TSE:AKG) raised the target price from $0.00 to $7.50. At the time, this indicated a possible upside of 0.30%.
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Asanko Gold has a 52 week low of $1.77 and a 52 week high of $6.09 The company’s market cap is currently $0.
General Information About 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, West Africa.
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