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AKG - Asanko Gold: Digging Into The FY-2019 Results
Asanko Gold Inc.
It's been a mixed start to the Q4 earnings season for the gold miners (GDX), with only one-third of companies beating earnings estimates, less than half beating revenue estimates, and an average revenue miss of 0.56% for the nine names that have reported. Asanko Gold (AKG) was one of the most recent names to report its earnings, and while it wasn't one of the names that missed estimates, it didn't stand out among its peers either.
The company's annual production managed to beat guidance by 7%, but all-in sustaining costs came