Asanko Gold (TSE:AKG) Trading 4.6% Higher – Here’s What Happened

by · The Cerbat Gem

Asanko Gold Inc (TSE:AKG – Get Free Report) (NYSEMKT:AKG) traded up 4.6% during trading on Monday . The stock traded as high as C$1.61 and last traded at C$1.60. 218,400 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 219,711 shares. The stock had previously closed at C$1.53.

Asanko Gold Stock Performance

The company’s 50 day simple moving average is C$1.60. The stock has a market capitalization of C$353.31 million and a P/E ratio of -2.15. The company has a quick ratio of 15.30, a current ratio of 15.45 and a debt-to-equity ratio of 0.42.

Asanko Gold Company Profile

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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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