Analyst Ratings For Asanko Gold (TSE:AKG)
Today, Royal Bank of Canada lowered its price target on Asanko Gold (TSE:AKG) to C$4.75 per share.
There are 1 hold rating, 3 buy ratings, 1 strong buy rating on the stock.
The current consensus rating on Asanko Gold (TSE:AKG) is Buy (Score: 3.00) with a consensus target price of C$5.00 per share, a potential .
Some recent analyst ratings include
- 4/18/2017-Raymond James Financial, Inc. Reiterated Rating of Strong-Buy.
- 3/17/2017-Scotiabank Reiterated Rating of Outperform.
- 2/27/2017-Canaccord Genuity Upgrade from a “Hold ” rating to a ” Buy” rating.
About Asanko Gold (TSE: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.
Recent Trading Activity for Asanko Gold (TSE:AKG)
Shares of Asanko Gold closed the previous trading session at 3.27 down -0.13 -3.82% with 2,144,853 shares trading hands.