Separately, Numis Securities reaffirmed a buy rating on shares of Avesoro Resources in a research report on Friday, January 18th.
LON:ASO opened at GBX 150 ($1.96) on Thursday. Avesoro Resources has a 52-week low of GBX 136.77 ($1.79) and a 52-week high of GBX 294.50 ($3.85). The stock has a market cap of $122.36 million and a price-to-earnings ratio of -7.18. The company has a debt-to-equity ratio of 114.61, a current ratio of 0.89 and a quick ratio of 0.25.
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 and Balogo gold mine 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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