Asanko Gold (TSE:AKG) Stock Price Up 4.6% – Should You Buy?

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

Asanko Gold Stock Performance

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

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.

Further Reading

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