The stock of Asanko Gold Inc (NYSEMKT:AKG) is a huge mover today! About 303,569 shares traded hands. Asanko Gold Inc (NYSEMKT:AKG) has risen 63.06% since March 10, 2016 and is uptrending. It has outperformed by 55.54% the S&P500.
The move comes after 5 months positive chart setup for the $806.92 million company. It was reported on Oct, 13 by Barchart.com. We have $5.61 PT which if reached, will make NYSEMKT:AKG worth $363.11 million more.
Analysts await Asanko Gold Inc (NYSEMKT:AKG) to report earnings on November, 21.
According to Zacks Investment Research, “Asanko Gold Inc. is a gold producer with its flagship asset, the Asanko Gold Mine, located in Ghana, West Africa. Asanko Gold Inc., formerly known as Keegan Resources Inc., is based in Vancouver, Canada.”
More notable recent Asanko Gold Inc (NYSEMKT:AKG) news were published by: Theglobeandmail.com which released: “The Globe and Mail” on March 04, 2013, also Business.Financialpost.com with their article: “Hedge fund claims 90% downside potential at Asanko Gold” published on June 29, 2016, Seekingalpha.com published: “Asanko Gold Will Continue Outperforming Peers – Here’s Why” on September 27, 2016. More interesting news about Asanko Gold Inc (NYSEMKT:AKG) were released by: Seekingalpha.com and their article: “The Long Case For Asanko Gold Inc.” published on October 09, 2015 as well as Finance.Yahoo.com‘s news article titled: “Asanko Gold Increases H2 2016 Production Guidance” with publication date: September 15, 2016.
AKG Company Profile
Asanko Gold Inc. (Asanko), incorporated on October 23, 1999, is an exploration and development-stage company. The Firm 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 Company’s subsidiaries include Keegan Resources (Ghana) Limited Ghana (Asanko Ghana), Adansi Gold Company (GH) Limited (Adansi Ghana), Asanko Gold South Africa (PTY) Ltd., Asanko International (Barbados) Inc., Asanko Gold (Barbados) Inc. and PMI Gold Corporation (PMI). PMI is a resource exploration and development firm which, through its subsidiaries, holds exploration and mining leases in the Ashanti and Asankrangwa Gold Belts of Ghana, Africa. PMI’s principal project is a gold development project, the Obotan Gold Project, which has been combined with the Company’s principal project, the Esaase Gold Project, to form the Asanko Gold Mine.
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