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Asanko Gold Inc (AKG-T)
TSE:AKG
1.60
0.07
(4.58%) 1d
Financials
Technical Analysis
$1.190
No
Big believer in the story. Have a ton of cash. Recently acquired PMI Gold Corp, which has a property about 10 km away from their Asankrangwa project in Ghana. One of the nice things is that they are capitalized so they will be able to build their project. The asset they bought close by is in such close proximity that they could actually process the ore from that deposit at the same plant. This gives some economies of scale of putting 2 companies together. A couple of years ago, the management team bought into the company with about $20 million of their own personal money. Cheap.
Market Cap is about the same as its cash. Came out with a feasibility project in Ghana with about a $286 million CapX to produce 200 million. Just announced financing and will be breaking ground early next year.
Asanko Gold Inc(AKG-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Asanko Gold Inc(AKG-T) Frequently Asked Questions
What is Asanko Gold Inc stock symbol?
Asanko Gold Inc is a Canadian stock, trading under the symbol AKG-T on the Toronto Stock Exchange (AKG-CT). It is usually referred to as TSX:AKG or AKG-T
Is Asanko Gold Inc a buy or a sell?
In the last year, there was no coverage of Asanko Gold Inc published on Stockchase.
Is Asanko Gold Inc a good investment or a top pick?
Asanko Gold Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Asanko Gold Inc.
Why is Asanko Gold Inc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Asanko Gold Inc worth watching?
0 stock analysts on Stockchase covered Asanko Gold Inc In the last year. It is a trending stock that is worth watching.
What is Asanko Gold Inc stock price?
On 2020-05-04, Asanko Gold Inc (AKG-T) stock closed at a price of $1.6.
