Analyst Activity – Scotiabank Reiterates Outperform on Asanko Gold (TSE:AKG)


Analyst Ratings For Asanko Gold (TSE:AKG)

Today, Scotiabank reiterated its Outperform rating on Asanko Gold (TSE:AKG) with a price target of C$6.00.

There are 4 buy ratings on the stock.

The current consensus rating on Asanko Gold (TSE:AKG) is Buy (Score: 3.00) with a consensus target price of C$5.19 per share, a potential .

Some recent analyst ratings include

  • 3/17/2017-Scotiabank Reiterated Rating of Outperform.
  • 3/16/2017-Raymond James Financial, Inc. 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. (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.

    Recent Trading Activity for Asanko Gold (TSE:AKG)
    Shares of Asanko Gold closed the previous trading session at 3.45 down -0.14 -3.90% with 2,479,930 shares trading hands.