AKG - Asanko Gold Reports Record Gold Production Levels But The Stock Needs More Catalysts For Breakout
A month ago, I wrote that Asanko Gold (AKG) shares were set to have more upside in case gold prices (GLD) managed to stay above $1,500 per ounce. Gold prices are currently stuck a bit below the $1,500 level while Asanko shares are consolidating in the $0.90-1.10 range. Meanwhile, the company has recently published its third-quarter production report, providing investors and traders with a chance to look at its fundamental performance.
In the third quarter, Asanko Gold Mine produced a record 62,440 ounces and is on track to meet its annual production