Asanko Gold Inc (TSE:AKG) – Equities research analysts at Raymond James Financial cut their FY2016 earnings per share estimates for shares of Asanko Gold in a report released on Thursday. Raymond James Financial analyst C. Thompson now anticipates that the brokerage will post earnings per share of $0.07 for the year, down from their prior estimate of $0.12.
AKG has been the subject of a number of other reports. Scotiabank reiterated an “outperform” rating and issued a C$6.75 price objective on shares of Asanko Gold in a research report on Thursday, July 21st. BMO Capital Markets restated an “outperform” rating and set a C$6.50 target price on shares of Asanko Gold in a research report on Friday, September 16th. Finally, Canaccord Genuity boosted their target price on Asanko Gold from C$6.00 to C$6.75 in a research report on Tuesday, July 12th.
Shares of Asanko Gold (TSE:AKG) opened at 5.23 on Monday. The stock’s market capitalization is $1.05 billion. Asanko Gold has a 1-year low of $1.77 and a 1-year high of $6.09. The firm’s 50-day moving average is $5.59 and its 200-day moving average is $4.67.
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