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:

SmallCapPower.com (2/27/15)
"Asanko Gold Inc.'s 10+ Moz Asanko Gold mine in Ghana, West Africa, is expected to begin production in a year's time. Its all-in-sustaining cash cost/oz is forecast to be $781, and the company has about $260 in the bank."

"Asanko Gold Inc. is on the list of likely M&As in 2015. These companies have large, attractive gold deposits and are trading at attractive values relative to the fundamental values of their projects." read more >

Chris Thompson, Raymond James (2/20/15)
"We are maintaining our Outperform 2 rating and CA$3.50 target price on Asanko Gold Inc. following a recent site visit to the company's Asanko gold mine, which is currently under construction. We see 2015 as a year focused on realizing Asanko's goal of transforming from developer to producer, something which the company is well on the way to completing; its build is currently on time and on budget."

Nana Sangmuah, Clarus Securities (2/12/15)
"With the close of the $46M equity raise, Asanko Gold Inc.'s cash balances have been bolstered to ~$250M, which, along with debt availability of $90M, provides an additional buffer during development of phase 1 of the Asanko gold mine. . .the company offers an attractive proposition as it is currently trading at an adjusted market capitalization of $26/oz (excluding phase 2), well below the fully funded developer peer average, $62/oz."

Brien Lundin, Gold Newsletter (Jefferson Financial) (2/1/15)
"During Q1/15, Asanko Gold Inc. will release a prefeasibility study on phase 2 at its Asanko Gold mine. If implemented, this phase has the potential to boost the company's gold production profile to 4 Koz/year; that level of production would put Asanko squarely in the ranks of midtier producers."

"Asanko Gold Inc. could be a prime takeover candidate. . .a while back Asanko added some resources from drilling that were something of a surprise, but the plan is pretty much laid out. Construction is in progress and on budget. At current levels I think Asanko is a great bet on gold and mining shares waking up over the next year or two. . .the market is neither valuing Esaase nor the potential value of the company once it reaches production. Esaase's value will come in the later phases of mining when Esaase gets brought into the mine plan. Asanko is going to be a world-class mine but it is not being valued like one. It's a waiting game. It's a stock where people can have some confidence that the company is going to be worth considerably more in time." read more >

More Comments

Experts Commenting on This Company

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
Mills arrive on site
Completion of mill civil works
Asanko Gold Inc. Content