Asanko Gold Inc (NYSEAMERICAN:AKG) Can’t Be Less Risky. Short Interest Decreased

May 15, 2018 - By Stephen Andrade

The stock of Asanko Gold Inc (NYSEAMERICAN:AKG) registered a decrease of 0.57% in short interest. AKG’s total short interest was 1.34M shares in May as published by FINRA. Its down 0.57% from 1.35M shares, reported previously. With 737,300 shares average volume, it will take short sellers 2 days to cover their AKG’s short positions. The short interest to Asanko Gold Inc’s float is 0.72%.

The stock decreased 5.00% or $0.06 during the last trading session, reaching $1.14. About 670,766 shares traded. Asanko Gold Inc. (NYSEAMERICAN:AKG) has declined 72.14% since May 15, 2017 and is downtrending. It has underperformed by 83.69% the S&P500.

Asanko Gold Inc. engages in the exploration, development, and production of gold properties. The company has market cap of $255.46 million. The Company’s principal project is the Asanko Gold Mine, which consists of two gold projects, such as the Obotan Project and the Esaase Project located in the Amansie West District of the Republic of Ghana, West Africa. It has a 38 P/E ratio. The firm was formerly known as Keegan Resources Inc. and changed its name to Asanko Gold Inc. in February 2013.

Another recent and important Asanko Gold Inc. (NYSEAMERICAN:AKG) news was published by which published an article titled: “3 Top Gold Stocks for a Safe Haven After Syria Attacks” on April 17, 2018.

Asanko Gold Inc. (NYSEAMERICAN:AKG) Ratings Chart

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