Cormark Equities Analysts Reduce Earnings Estimates for Asanko Gold Inc (TSE:AKG)
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Summary:
Asanko Gold Inc (TSE:AKG) (NYSEMKT:AKG) – Equities research analysts at Cormark dropped their Q1 2020 earnings estimates for shares of Asanko Gold in a report issued on Friday, November 8th, according to Zacks Investment Research. Cormark analyst T. Breytenbach now forecasts that the company will post earnings of $0.04 per share for the quarter, down from their previous estimate of $0.05. Cormark also issued estimates for Asanko Gold’s Q2 2020 earnings at $0.04 EPS, Q3 2020 earnings at $0.04 EPS, Q4 2020 earnings at $0.04 EPS and FY2020 earnings at $0.17 EPS.
Shares of TSE AKG traded down C$0.01 during midday trading on Monday, reaching C$1.24. The company’s stock had a trading volume of 118,134 shares, compared to its average volume of 119,102. The company has a current ratio of 8.6 ...
