AKG:NYSE.MKT
AKG:TSX

Asanko Gold Inc.

Asanko Gold Inc.'s vision is to become a midtier gold mining company that maximizes value for all its stakeholders. The company's flagship project is the fully financed, multimillion ounce Asanko gold mine project located in Ghana, West Africa. Asanko is managed by highly skilled and successful technical, operational and financial professionals. The company is strongly committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities.

Expert Comments:

"One of the opportunities is in what we call predevelopment names. Asanko Gold Inc., which is building the 2.3 Moz Asanko mine in Ghana, is one. It has the balance sheet and the financing necessary to go into production, so long as it executes according to plan. And it's trading at fairly significant discounts relative to intermediate or junior gold producers." read more >

Joe Mazumdar, Canaccord Genuity (7/22/15)
"We upgrade our recommendation on Asanko Gold Inc. to Speculative Buy from Hold. Year to date in 2015, the company has still outperformed the GDXJ benchmark (up 9.4% versus down 10.5%). We anticipate commissioning of the 3 Mtpa Nkran plant facility by Q1/16 leading to commercial production by Q2/16E."

Nana Sangmuah, Clarus Securities (7/17/15)
"Asanko Gold Inc. announced that project construction is 60% complete and on track for first gold pour by Q1/16. . .we maintain our Buy rating and recommend investors add to their positions ahead of the producer rerating we expect over the next 1–2 quarters."

Joe Mazumdar, Canaccord Genuity (7/14/15)
"We anticipate first pour at Asanko Gold Inc.'s Asanko gold mine in Ghana by Q1/16, in-line with company guidance, and commercial production with positive free cash flow by Q2/16."

Chris Thompson, Raymond James (7/13/15)
"Asanko Gold Inc. announced a construction update for Phase 1 of its Asanko gold mine project in Ghana. . .Phase 1 construction continues to track in line with expectations (60% complete) and remains fully funded and on schedule for first gold pour in Q1/16. As management continues to derisk the project, we anticipate a market rerating of the stock higher toward producer multiples."

Geordie Mark, Haywood Securities (7/13/15)
"Asanko Gold Inc.'s mine and processing facility development schedule remains intact with costs reportedly on budget for a Q1/16 first gold pour. . .we are particularly encouraged by the progress of mining (now at 100 Ktpd) as the company looks to accrue 423 Kt ore grading 2.09 g/t gold on the stockpile ahead of processing."

More Expert Comments

Experts Commenting on This Company

Brent Cook, Analyst, Geologist Exploration Insights
Adrian Day, Founder – Adrian Day Asset Management
Micheal George, Geologist – U.S. Geological Survey
Ovais Habib, Analyst – Scotia Capital
Jeb Handwerger, Author Gold Stock Trades
Andrew Kaip, Analyst – BMO Capital Markets
Jeff Killeen, Analyst – CIBC World Markets
James Kwantes Resource Opportunities
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Geordie Mark, Research Analyst – Haywood Securities
Filipe Martins, Analyst – GMP Securities
Joe Mazumdar, Sr. Analyst – Canaccord Genuity
Charles Oliver, Senior Portfolio Manager – Sprott Asset Management
Tony Robson, Managing Director and Co-Head for Global Mining Research – BMO Capital Markets
Lawrence Roulston – Quintana Resources Capital ULC
Jordan Roy-Byrne, Editor/CMT The Daily Gold
Rick Rule, Chairman – Sprott Global Resource Investments Ltd.
Nana Sangmuah, Research Analyst, Precious Metals – Clarus Securities
Florian Siegfried, Senior Portfolio Manager – AgaNola
Chris Thompson, Mining Analyst – Raymond James
Scott Wright, Research Analyst and Consultant – Zeal Reports

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
 
High quality deposit with near-term production and lowest quartile costs
 
Fully funded to production
 
Respected management team with track record of delivering shareholder returns
catalyst Calendar
Asanko Gold Inc. Content