Asanko Gold Inc. (AKG) Reviewed By Analysts

Gladys Abbott
June 12, 2017

Now the shares of Asanko Gold Inc.

The stock subtracted in the prior trading session by -7.19%, closing at the stock price of $1.55. (AKG) have recently changed their ratings on the stock. The company presently has an average rating of Buy and a consensus target price of C$4.39.

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Currently, the market capitalization of Asanko Gold Inc. Finally, Canaccord Genuity raised shares of Asanko Gold from a hold rating to a buy rating and lowered their price target for the company from C$5.50 to C$5.00 in a report on Monday, February 27th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock now has a consensus rating of Buy and a consensus target price of C$4.39.

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If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, AKG earned gross profit of 0, in 2015 0 gross profit, while in 2016 Asanko Gold Inc.

05/18/2015 - Asanko Gold Inc. was downgraded to " by analysts at Zacks. The company's market cap is $333.66 million. Asanko Gold has a 52 week low of $1.75 and a 52 week high of $6.09. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of USA and worldwide trademark & copyright laws. The original version of this story can be accessed at

Asanko Gold Inc is a gold producer. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable.

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -51.06%, and has a poor year to date (YTD) performance of -49.35% which means the stock is constantly subtracting to its value from the previous fiscal year end price. The Company's segments include Canada and Ghana.

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