Asanko Gold (TSE:AKG) Stock Price Up 4.6%

Asanko Gold Inc (TSE:AKG) (NYSEMKT:AKG)’s share price rose 4.6% during mid-day trading on Monday . The company traded as high as C$1.61 and last traded at C$1.60. Approximately 218,400 shares were traded during trading, a decline of 1% from the average daily volume of 219,711 shares. The stock had previously closed at C$1.53.

Asanko Gold Price Performance

The company has a quick ratio of 15.30, a current ratio of 15.45 and a debt-to-equity ratio of 0.42. The company has a 50 day moving average price of C$1.60. The stock has a market cap of C$353.31 million and a price-to-earnings ratio of -2.15.

About Asanko Gold

Asanko Gold Inc engages in the exploration, development, and production of gold properties. Its 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.