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Raymond James downgraded Asanko Gold (NYSE:AKG) from Outperform to Mkt Perform in a statement released earlier today.

Having a price of $0.87, Asanko Gold (NYSE:AKG) traded -9.87% lower on the day. With the last close down -66.63% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same period. Asanko Gold has recorded a 50-day average of $1.46 and a two hundred day average of $2.34. Volume of trade was down over the average, with 1,558,969 shares of AKG changing hands under the typical 3,212,960

Raymond James has downgraded Asanko Gold (NYSE:AKG) from Outperform to Mkt Perform in a statement released on 11/14/2017.

Performance Chart

Asanko Gold (NYSE:AKG)

With a total market value of $0, Asanko Gold has with a one year low of $0.78 and a one year high of $4.68 .

A total of 7 brokerages have released a report on Asanko Gold. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $4.40.

Brief Synopsis About Asanko Gold (NYSE:AKG)

Asanko Gold Inc. is a gold producer. The Company has operations in the Republic of Ghana. The Company's segments include Canada and Ghana. The Company's principal asset is the Asanko Gold Mine (AGM) located in Ghana, West Africa. The Company's Project 5M will upgrade the plant's throughput to five metric tons per annum and expand mining operations to integrate the Esaase deposit, including the construction of a 27-kilometer overland conveyor. The Company is involved in open pit mining and conventional processing of gold ores mined in its Asanko Gold Mine in Ghana. The AGM concessions are located in the Amansie West district of the Ashanti region of Ghana. The Company holds four mining leases, as well as prospecting and reconnaissance licenses, which collectively make up the AGM and span approximately 30 kilometers strike length of the Asankrangwa Gold Belt. The Akwasiso deposit is located on the Nkran shear corridor. The Nkran Extension is located on the Nkran shear structure.

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