Shares of Asanko Gold Inc (NYSEAMERICAN:AKG) (TSE:AKG) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as low as $0.84. Asanko Gold shares last traded at $0.86, with a volume of 51,501 shares trading hands.
AKG has been the topic of several research reports. Zacks Investment Research raised shares of Asanko Gold from a “hold” rating to a “buy” rating and set a $1.00 price objective on the stock in a report on Friday, August 2nd. HC Wainwright set a $2.00 price target on shares of Asanko Gold and gave the stock a “buy” rating in a report on Thursday, July 11th.
Asanko Gold (NYSEAMERICAN:AKG) (TSE:AKG) last posted its earnings results on Thursday, August 1st. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.05. The business had revenue of $85.72 million for the quarter.
Asanko Gold Company Profile (NYSEAMERICAN:AKG)
Asanko Gold Inc engages in the exploration, development, and production of gold properties. Its principal project is the Asanko Gold Mine, which consists of two gold projects, such as the Obotan Project and the Esaase Project located in the Amansie West District of the Republic of Ghana, West Africa.
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