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

Asanko Gold Inc (TSE:AKGGet Free Report) (NYSEMKT:AKG) shot up 4.6% 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 Price Performance

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

About Asanko Gold

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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.

Further Reading

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