Asanko Gold (TSE:AKG) Stock Price Up 4.6% – Here’s What Happened

Asanko Gold Inc (TSE:AKG) (NYSEMKT:AKG) shares shot up 4.6% during trading on Monday . The stock traded as high as C$1.61 and last traded at C$1.60. 218,400 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 219,711 shares. The stock had previously closed at C$1.53.

Asanko Gold Stock Performance

The company has a debt-to-equity ratio of 0.42, a current ratio of 15.45 and a quick ratio of 15.30. The firm’s fifty day moving average is C$1.60. The firm has a market capitalization of C$353.31 million and a price-to-earnings ratio of -2.15.

Asanko Gold Company Profile

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.