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Asanko Gold Inc. (NYSEAMERICAN: AKG) (TSE: AKG) was the target of a significant drop in short-term interest in the month of June. As of June 29, there were 395,998 shares, a decrease of 52.5% compared to the total number of 834,029 shares of June 15, 2004. Based on an average trading volume of 337,409 shares, the current interest rate is currently 1.2 days. Several brokerage firms recently published reports on AKG Clarus Securities has re-evaluated its "speculative buy" rating on Asanko Gold shares in a research note on Thursday, April 19, 2005. Zacks Investment Research downgraded the shares of 39; Asanko Gold of a note a "hold" rating in a research note on Tuesday, April 24: three financial badysts have badigned a credit rating to the stock and seven have badigned a reserve note to the # 39; action. Consensus price target of $ 1.17. [19659003] AKG fell $ 0.01 during trading on Thursday, reaching $ 1.06. 113,500 shares of the company were exchanged, against an average volume of 853,701. Asanko Gold has a low of fifty-two weeks of $ 0.43 and a high of fifty-two weeks of $ 1.38.
Asanko Gold (NYSEAMERICAN: AKG) (TSE: AKG) has published its quarterly results for the last time on Thursday, May 10th. The base materials company reported earnings per share of $ 0.01 for the quarter, up $ 0.03 from Zacks' consensus estimate ($ 0.02). Asanko Gold recorded a net margin of 9.25% and a return on equity of 4.34%. The company achieved a turnover of $ 64.43 million for the quarter.
A number of institutional investors and hedge funds recently bought and sold shares of the company. Franklin Resources Inc. increased its interest in Asanko Gold by 14.4% in the first quarter. Franklin Resources Inc. now holds 11,368,675 shares in the base materials business worth $ 11,459,000 after purchasing 1,429,000 additional shares in the last quarter. Renaissance Technologies LLC increased its participation in Asanko Gold by 3,221.3% in the fourth quarter. Renaissance Technologies LLC now holds 2,975,880 basic materials company shares worth $ 2,101,000 after purchasing 2,886,280 additional shares during the last quarter. Millennium Management LLC increased its stake in Asanko Gold by 155.6% in the first quarter. Millennium Management LLC now owns 369,795 shares of the base materials company worth $ 370,000 after the purchase of 225,095 additional shares during the last quarter. Acadian Asset Management LLC acquired a new stake in Asanko Gold during the second quarter, valued at $ 302,000. Finally, CIBC World Markets Inc. Acquired a new stake in Asanko Gold during the first quarter, valued at $ 168,000.
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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