Report
EUR 14.08 For Business Accounts Only

ASANKO GOLD INCO. reduced its risk exposure resulting in an upgrade to Slightly Positive

ASANKO GOLD INCO. (CA), a company active in the Gold Mining industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date January 17, 2020, the closing price was CAD 1.14 and its potential was estimated at CAD 1.45.
Underlying
Galiano Gold Inc

Asanko Gold is a natural resource company engaged in the acquisition and exploration of mineral resources in West Ghana. The recoverability of amounts shown for resource properties and deferred exploration costs and Co.'s ability to continue as a going concern is dependent upon the discovery of economically recoverable reserves, continuation of Co.'s interest in the underlying resource claims, the ability of Co. to obtain necessary financing to complete their development and upon future profitable production or proceeds from the disposition thereof.

Provider
TheScreener
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