Asanko Gold Inc (AKG) Price Target Raised to C$7.50 at Scotiabank
Asanko Gold Inc (TSE:AKG) (NYSE:AKG) had its price target increased by Scotiabank to C$7.50 in a research report sent to investors on Monday morning. They currently have an outperform rating on the stock.
Other equities research analysts also recently issued reports about the stock. Canaccord Genuity reduced their price objective on shares of Asanko Gold from C$7.25 to C$6.75 in a research note on Monday, October 24th. BMO Capital Markets reiterated an outperform rating and set a C$6.50 price objective on shares of Asanko Gold in a research note on Friday, September 16th.
Asanko Gold (TSE:AKG) opened at 4.61 on Monday. The company’s market capitalization is $930.43 million. The firm has a 50 day moving average of $4.86 and a 200-day moving average of $5.13. Asanko Gold has a 52 week low of $1.77 and a 52 week high of $6.09.
About Asanko Gold
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.
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