BMO Capital Markets Reiterates Outperform Rating for Asanko Gold Inc (AKG)
BMO Capital Markets reissued their outperform rating on shares of Asanko Gold Inc (TSE:AKG) in a research note published on Friday. BMO Capital Markets currently has a C$6.50 price objective on the stock.
A number of other research analysts have also weighed in on AKG. Raymond James Financial Inc. lifted their target price on Asanko Gold from C$5.00 to C$6.75 in a report on Monday, June 27th. Canaccord Genuity lifted their target price on Asanko Gold from C$6.00 to C$6.75 in a report on Tuesday, July 12th. Finally, Scotiabank reaffirmed an outperform rating and set a C$6.75 target price on shares of Asanko Gold in a report on Thursday, July 21st.
Asanko Gold (TSE:AKG) opened at 5.95 on Friday. The company’s market cap is $1.20 billion. Asanko Gold has a one year low of $1.77 and a one year high of $6.00. The company has a 50-day moving average of $5.60 and a 200-day moving average of $4.58.
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