Asanko Gold Company Profile (NYSEMKT:AKG)

About Asanko Gold (NYSEMKT:AKG)

Asanko Gold logoAsanko Gold Inc. is a gold producer. The Company has operations in the Republic of Ghana. The Company's segments include Canada and Ghana. The Company's principal asset is the Asanko Gold Mine (AGM) located in Ghana, West Africa. The Company's Project 5M will upgrade the plant's throughput to five metric tons per annum and expand mining operations to integrate the Esaase deposit, including the construction of a 27-kilometer overland conveyor. The Company is involved in open pit mining and conventional processing of gold ores mined in its Asanko Gold Mine in Ghana. The AGM concessions are located in the Amansie West district of the Ashanti region of Ghana. The Company holds four mining leases, as well as prospecting and reconnaissance licenses, which collectively make up the AGM and span approximately 30 kilometers strike length of the Asankrangwa Gold Belt. The Akwasiso deposit is located on the Nkran shear corridor. The Nkran Extension is located on the Nkran shear structure.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: NYSEMKT:AKG
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: $413 million
  • Outstanding Shares: 203,449,000
Average Prices:
  • 50 Day Moving Avg: $2.37
  • 200 Day Moving Avg: $2.94
  • 52 Week Range: $1.96 - $4.68
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 12.69
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $241.96 million
  • Price / Sales: 1.71
  • Book Value: $2.11 per share
  • Price / Book: 0.96
Profitability:
  • EBIDTA: $107.03 million
Misc:
  • Average Volume: 2.21 million shs.
  • Beta: 1.05
  • Short Ratio: 2.31
 

Frequently Asked Questions for Asanko Gold (NYSEMKT:AKG)

What is Asanko Gold's stock symbol?

Asanko Gold trades on the New York Stock Exchange (NYSE)MKT under the ticker symbol "AKG."

How were Asanko Gold's earnings last quarter?

Asanko Gold Inc (NYSEMKT:AKG) released its earnings results on Thursday, May, 4th. The company reported $0.04 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. The business earned $66.05 million during the quarter. View Asanko Gold's Earnings History.

Where is Asanko Gold's stock going? Where will Asanko Gold's stock price be in 2017?

6 brokerages have issued twelve-month target prices for Asanko Gold's stock. Their forecasts range from $5.00 to $7.50. On average, they anticipate Asanko Gold's share price to reach $6.25 in the next twelve months. View Analyst Ratings for Asanko Gold.

Who are some of Asanko Gold's key competitors?

Who owns Asanko Gold stock?

Asanko Gold's stock is owned by many different of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (0.00%), OppenheimerFunds Inc. (0.00%), AGF Investments Inc. (0.00%), Sprott Inc. (0.00%), Donald Smith & CO. Inc. (0.00%) and Loews Corp (0.00%). Company insiders that own Asanko Gold stock include Colin Steyn and Peter Breese. View Institutional Ownership Trends for Asanko Gold.

Who sold Asanko Gold stock? Who is selling Asanko Gold stock?

Asanko Gold's stock was sold by a variety of institutional investors in the last quarter, including Sprott Inc., Mackenzie Financial Corp, Jane Street Group LLC, TD Asset Management Inc., Global X Management Co. LLC, CIBC World Markets Inc., Gamco Investors INC. ET AL and Great West Life Assurance Co. Can. View Insider Buying and Selling for Asanko Gold.

Who bought Asanko Gold stock? Who is buying Asanko Gold stock?

Asanko Gold's stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Donald Smith & CO. Inc., OppenheimerFunds Inc., Morgan Stanley, ASA Gold & Precious Metals Ltd, Renaissance Technologies LLC, AGF Investments Inc. and Bank of America Corp DE. Company insiders that have bought Asanko Gold stock in the last two years include Colin Steyn and Peter Breese. View Insider Buying and Selling for Asanko Gold.

How do I buy Asanko Gold stock?

Shares of Asanko Gold can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Asanko Gold stock cost?

One share of Asanko Gold stock can currently be purchased for approximately $2.03.

Analyst Ratings

Consensus Ratings for Asanko Gold (NYSEMKT:AKG) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $6.25

Analysts' Ratings History for Asanko Gold (NYSEMKT:AKG)
Show:
DateFirmActionRatingPrice TargetDetails
5/5/2017Clarus SecuritiesReiterated RatingBuyView Rating Details
4/5/2017Raymond James Financial, Inc.UpgradeOutperform -> Strong-BuyView Rating Details
2/27/2017Canaccord GenuityUpgradeHold -> BuyView Rating Details
12/19/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$5.00View Rating Details
11/23/2016ScotiabankReiterated RatingOutperform$7.50View Rating Details
6/9/2016Royal Bank of CanadaDowngradeOutperform -> Sector PerformView Rating Details
5/3/2016CIBCBoost Price TargetC$3.50 -> C$4.25View Rating Details
4/7/2016Haywood SecuritiesBoost Price TargetHold -> BuyC$3.25 -> C$3.50View Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Asanko Gold (NYSEMKT:AKG)
Earnings by Quarter for Asanko Gold (NYSEMKT:AKG)
Earnings History by Quarter for Asanko Gold (NYSEMKT:AKG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/20173/31/2017$0.01$0.04$66.05 millionViewListenView Earnings Details
3/16/201712/31/2016$0.08($0.02)$66.79 millionViewN/AView Earnings Details
11/7/2016Q3$0.12$0.05$67.96 millionViewListenView Earnings Details
8/14/2015Q2 2015($0.02)($0.01)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Asanko Gold (NYSEMKT:AKG)
Current Year EPS Consensus Estimate: $0.12 EPS
Next Year EPS Consensus Estimate: $0.16 EPS

Dividends

Dividend History for Asanko Gold (NYSEMKT:AKG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Asanko Gold (NYSEMKT:AKG)
Insider Trades by Quarter for Asanko Gold (NYSEMKT:AKG)
Institutional Ownership by Quarter for Asanko Gold (NYSEMKT:AKG)
Insider Trades by Quarter for Asanko Gold (NYSEMKT:AKG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/3/2016Peter BreeseDirectorBuy247,000$2.03$501,410.00
10/23/2015Colin SteynDirectorBuy291,000$2.39$695,344.50
10/22/2015Colin SteynDirectorBuy350,000$2.39$836,360.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Asanko Gold (NYSEMKT:AKG)
Latest Headlines for Asanko Gold (NYSEMKT:AKG)
Source:
DateHeadline
finance.yahoo.com logoBlog Coverage: Asanko Gold Gets Green Signal from Ghanaian Authorities to Start Mining at Akwasiso
finance.yahoo.com - May 25 at 3:50 PM
americanbankingnews.com logoAsanko Gold Inc (AKG) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 12 at 6:42 PM
americanbankingnews.com logoAsanko Gold Inc (AKG) Earns Buy Rating from Clarus Securities
www.americanbankingnews.com - May 9 at 7:14 AM
americanbankingnews.com logoAsanko Gold Inc (AKG) Issues Earnings Results, Beats Expectations By $0.03 EPS
www.americanbankingnews.com - May 5 at 2:52 PM
feeds.benzinga.com logoAsanko Gold Reports Q1 2017 Results
feeds.benzinga.com - May 4 at 7:31 AM
americanbankingnews.com logoAsanko Gold (AKG) Given Media Sentiment Score of 0.07
www.americanbankingnews.com - May 2 at 9:24 AM
americanbankingnews.com logoAsanko Gold (AKG) Earning Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 28 at 9:00 AM
americanbankingnews.com logoAsanko Gold (AKG) Getting Somewhat Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - April 24 at 12:16 PM
prnewswire.com logoTechnical Roundup on Gold Stocks -- Asanko Gold, Gold Resource, and Franco-Nevada - PR Newswire (press release)
www.prnewswire.com - April 21 at 3:29 PM
americanbankingnews.com logoAsanko Gold (AKG) Receives News Sentiment Rating of 0.12
www.americanbankingnews.com - April 21 at 9:09 AM
americanbankingnews.com logoAsanko Gold (AKG) Receiving Somewhat Positive Media Coverage, Report Shows
www.americanbankingnews.com - April 18 at 8:51 AM
americanbankingnews.com logoAsanko Gold Inc (AKG) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 17 at 6:37 PM
finance.yahoo.com logoAsanko Gold, Inc. – Value Analysis (NYSE MKT:AKG) : April 17, 2017
finance.yahoo.com - April 17 at 3:23 PM
finance.yahoo.com logoAsanko Gold, Inc. breached its 50 day moving average in a Bullish Manner : AKG-US : April 13, 2017
finance.yahoo.com - April 13 at 3:38 PM
americanbankingnews.com logoAsanko Gold (AKG) Getting Somewhat Negative Media Coverage, Study Finds
www.americanbankingnews.com - April 13 at 1:32 PM
americanbankingnews.com logoAsanko Gold Inc (AKG) Upgraded to "Strong-Buy" at Raymond James Financial, Inc.
www.americanbankingnews.com - April 5 at 5:34 PM
finance.yahoo.com logoAsanko Gold Publishes 2016 Corporate Social Responsibility Report
finance.yahoo.com - March 30 at 3:50 PM
finance.yahoo.com logoPost Earnings Coverage as B2Gold's Q4 Revenues Rose 30% on Record Gold Sales
finance.yahoo.com - March 29 at 10:14 AM
finance.yahoo.com logoAsanko Gold Releases Operating and Financial Results
finance.yahoo.com - March 20 at 3:45 PM
americanbankingnews.com logoAsanko Gold Inc (AKG) Price Target Cut to C$4.50 by Analysts at BMO Capital Markets
www.americanbankingnews.com - March 17 at 4:17 PM
americanbankingnews.com logoAsanko Gold’s (AKG) “Outperform” Rating Reiterated at Scotiabank
www.americanbankingnews.com - March 9 at 6:30 PM
us.rd.yahoo.com logo3:31 pm Asanko Gold announced positive initial results from the Akwasiso drilling campaig; co anticipates receiving full permits for Akwasiso in H2 2017
us.rd.yahoo.com - March 8 at 8:32 PM
seekingalpha.com logoAsanko Gold Resource Update Primer - Seeking Alpha
seekingalpha.com - February 23 at 3:27 PM
finance.yahoo.com logo7:09 am Asanko Gold updates on the progress of the expansion of the Asanko Gold Mine, located in Ghana, West Africa; expects to publish the results of the Expansion Definitive Feasibility Studyin 1Q17
finance.yahoo.com - February 6 at 3:31 PM
finance.yahoo.com logoAsanko Gold Exceeds Gold Production Expectations
finance.yahoo.com - January 16 at 3:27 PM

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This page was last updated on 5/27/2017 by MarketBeat.com Staff