Asanko Gold Inc. (AKG) Expected to Announce Earnings of -$0.01 Per Share
Equities analysts forecast that Asanko Gold Inc. (NASDAQ:AKG) will report earnings per share (EPS) of ($0.01) for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Asanko Gold’s earnings. Asanko Gold reported earnings per share of $0.01 during the same quarter last year, which would suggest a negative year-over-year growth rate of 200%. The company is expected to report its next quarterly earnings report on Thursday, May 9th.
On average, analysts expect that Asanko Gold will report full-year earnings of ($0.05) per share for the current year, with EPS estimates ranging from ($0.07) to ($0.03). For the next year, analysts anticipate that the business will report earnings of $0.15 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that follow Asanko Gold.
Shares of NASDAQ AKG traded down $0.01 during trading hours on Monday, hitting $0.63. 91,600 shares of the stock were exchanged, compared to its average volume of 253,031. Asanko Gold has a 12 month low of $0.56 and a 12 month high of $1.38.
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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