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Raymond James downgraded Asanko Gold (NYSEAMERICAN:AKG) from Outperform to Mkt Perform in a report released today.

Yesterday Asanko Gold (NYSEAMERICAN:AKG) traded -9.87% lower at $0.94. The company’s 50-day moving average is $1.46 and its 200-day moving average is $2.34. The last closing price is down -66.63% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 1,558,969 shares of the stock were exchanged, down from an average trading volume of 3,212,960

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

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Asanko Gold (NYSEAMERICAN:AKG)

Asanko Gold has a 52 week low of $0.78 and a 52 week high of $4.68 The company’s market cap is currently $0.

Also covering Asanko Gold's price target, a total of 7 analysts have released a report on Asanko Gold. The 12-month price target is $4.40 with zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

More About Asanko Gold (NYSEAMERICAN: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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