Asanko Gold Inc (AKG) receives the average rating of "Hold" analysts

Shares of Asanko Gold Inc. (NYSEAMERICAN: AKG) (TSE: AKG) Received a Mean "Hold" Recommendation by Ten Analysts Marketbeat reports that three research badysts have evaluated the action with a sales note and seven badigned a note of conservation to the company. Last year, brokers released reports on AKG, Zakynthos Research Research has reduced Asanko Gold's "Strong Buy" rating to a "Hold" rating in a research note on Tuesday, April 24th. a "speculative buying" note on Asanko Gold shares in a research note on Thursday, April 19

Institutional investors and hedge funds recently added or reduced their holdings in the company. Asanko Gold 85.7% in the fourth quarter. Millennium Management LLC now holds 144,700 shares of the $ 102,000 base materials company after purchasing 66,796 additional shares during the period. ART. Advisors LLC increased its equity stake in Asanko Gold by 363.5% in the first quarter. ART. Advisors LLC now holds 126,353 shares of the core materials business valued at $ 126,000 following the purchase of an additional 99,090 shares during the last quarter. CIBC World Markets Inc. Purchased a new position in Asanko Gold shares during the first quarter, valued at approximately $ 168,000. Renaissance Technologies LLC increased its holdings in Asanko Gold shares by 3,221.3% in the fourth quarter. Renaissance Technologies LLC now holds 2,975,880 shares of the base materials company valued at $ 2,101,000 after purchasing 2,886,280 additional shares in the last quarter. Finally, Franklin Resources Inc. increased its interest in Asanko Gold shares by 3.1% in the fourth quarter. Franklin Resources Inc. now holds 9,939,675 shares of the base materials company valued at $ 7,037,000 after purchasing 298,000 additional shares during the last quarter.

Shares of Asanko Gold remained unchanged at $ 1.14 during the day on Friday, according to Marketbeat. The stock had a trading volume of 136,261 shares, compared with its average volume of 901,653. Asanko Gold has a minimum of fifty-two weeks of $ 0.43 and a fifty-two week high of $ 1.65.

Asanko Gold (NYSEAMERICAN: AKG) (TSE: AKG) has announced its quarterly results for the last time on Thursday, May 10. The base materials company reported earnings per share (EPS) of $ 0.01 for the quarter, surpbading the consensus estimate of $ 0.03 ($ 0.02). The company achieved a turnover of $ 64.43 million during the quarter. Asanko Gold reported a return on equity of 4.34% and a net margin of 9.25%.

Asanko Gold Company Profile

Asanko Gold Inc. is dedicated to the exploration, development and production of gold properties. Its main project is the Asanko Gold Mine, which consists of two gold projects, such as the Obotan Project and the Esaase Project located in the West Amansie District of the Republic of Ghana, Africa. 39; West.

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