Cormark Comments on Asanko Gold Inc’s Q4 2016 Earnings (AKG)
Asanko Gold Inc (TSE:AKG) – Stock analysts at Cormark raised their Q4 2016 earnings per share (EPS) estimates for Asanko Gold in a research note issued on Friday. Cormark analyst T. Breytenbach now expects that the brokerage will earn $0.15 per share for the quarter, up from their prior forecast of $0.12.
AKG has been the topic of a number of other reports. Scotiabank restated an “outperform” rating and issued a C$6.75 target price on shares of Asanko Gold in a report on Thursday, July 21st. Canaccord Genuity increased their price objective on shares of Asanko Gold from C$6.00 to C$6.75 in a report on Tuesday, July 12th. Raymond James Financial Inc. increased their price objective on shares of Asanko Gold from C$5.00 to C$6.75 in a report on Monday, June 27th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a C$6.50 price objective on shares of Asanko Gold in a report on Friday, September 16th.
Asanko Gold (TSE:AKG) opened at 4.82 on Monday. The firm’s market cap is $970.24 million. The firm’s 50-day moving average is $5.31 and its 200 day moving average is $4.86. Asanko Gold has a 12-month low of $1.77 and a 12-month high of $6.09.
Receive News & Ratings for Asanko Gold Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asanko Gold Inc and related companies with MarketBeat.com's FREE daily email newsletter.