Asanko Gold Inc. (NYSE:AKG) reached 6.8% versus a 1-year low price of $0.53. The stock was last seen 5.26% higher, reaching at $0.57 on 6/12/2019. At a recent session, the prices were hovering between $0.5466 and $0.57. This company shares are 119.3% off its target price of $1.25 and the current market capitalization stands at $125.07M. The recent change has given its price a -6.93% deficit over SMA 50 and -52.24% deficit over its 52-week high. The stock witnessed -6.54% declines, -16.03% declines and -18.45% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AKG’s volatility during a week at 5.98% and during a month it has been found around 5.31%.

Asanko Gold Inc. (AKG) Top Holders

Institutional investors currently hold around $53 million or 63% in AKG stock. Look at its top three institutional owners: Donald Smith & Co., Inc. owns $11.34 million in Asanko Gold Inc., which represents roughly 9.06% of the company’s market cap and approximately 21.39% of the institutional ownership. Similar statistics are true for the second largest owner, Sun Valley Gold Llc, which owns 19,873,138 shares of the stock are valued at $10.73 million. The third largest holder is Ruffer Llp, which currently holds $10.65 million worth of this stock and that ownership represents nearly 8.52% of its market capitalization.

Asanko Gold Inc. 13F Filings

At the end of March reporting period, 17 institutional holders increased their position in Asanko Gold Inc. (NYSE:AKG) by some 3,670,525 shares, 19 decreased positions by 4,245,946 and 10 held positions by 90,418,273. That puts total institutional holdings at 98,334,744 shares, according to SEC filings. The stock grabbed 2 new institutional investments totaling 59,226 shares while 7 institutional investors sold out their entire positions totaling 601,322 shares.

Asanko Gold Inc. (AKG) Analyst Guide

Not many analysts have released their opinion on Asanko Gold Inc. (NYSE:AKG), with 0 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation [T1].