Avesoro Resources (ASO) Receives “Corporate” Rating from FinnCap
FinnCap reissued their corporate rating on shares of Avesoro Resources (LON:ASO) in a research note published on Wednesday, ThisIsMoney.Co.Uk reports. The firm currently has a GBX 302 ($3.95) price objective on the stock, up from their previous price objective of GBX 300 ($3.92).
A number of other equities research analysts also recently commented on ASO. Numis Securities reiterated a buy rating on shares of Avesoro Resources in a report on Friday, January 18th. Berenberg Bank reiterated a buy rating and issued a GBX 283 ($3.70) price objective on shares of Avesoro Resources in a report on Wednesday, May 8th. Finally, Shore Capital reiterated a not rated rating on shares of Avesoro Resources in a report on Wednesday, May 8th.
LON ASO opened at GBX 102.50 ($1.34) on Wednesday. The stock has a market capitalization of $83.62 million and a P/E ratio of -1.67. The company has a quick ratio of 0.34, a current ratio of 0.83 and a debt-to-equity ratio of 159.05. Avesoro Resources has a 12 month low of GBX 100.48 ($1.31) and a 12 month high of GBX 270 ($3.53).
Avesoro Resources Inc explores for, develops, and operates gold assets in West Africa. The company primarily owns interests in the New Liberty gold mine located in Liberia; and Youga gold mine and Balogo satellite deposit in Burkina Faso. It also has an exploration stage gold project in Cameroon. The company was incorporated in 2011 and is based in Toronto, Canada.
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