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Also traded in: Canada, Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash-to-Debt 0.31
AKG's Cash-to-Debt is ranked lower than
74% of the 1545 Companies
in the Global Gold industry.

( Industry Median: 291.20 vs. AKG: 0.31 )
Ranked among companies with meaningful Cash-to-Debt only.
AKG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23  Med: No Debt Max: No Debt
Current: 0.31
Equity-to-Asset 0.63
AKG's Equity-to-Asset is ranked higher than
57% of the 724 Companies
in the Global Gold industry.

( Industry Median: 0.60 vs. AKG: 0.63 )
Ranked among companies with meaningful Equity-to-Asset only.
AKG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63  Med: 0.68 Max: 0.98
Current: 0.63
0.63
0.98
Interest Coverage 1.70
AKG's Interest Coverage is ranked lower than
96% of the 1021 Companies
in the Global Gold industry.

( Industry Median: 10000.00 vs. AKG: 1.70 )
Ranked among companies with meaningful Interest Coverage only.
AKG' s Interest Coverage Range Over the Past 10 Years
Min: 0.98  Med: 4999.99 Max: N/A
Current: 1.7
Piotroski F-Score: 5
Altman Z-Score: 1.34
Beneish M-Score: 244791.08
WACC vs ROIC
20.46%
4.64%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating Margin % 11.64
AKG's Operating Margin % is ranked higher than
67% of the 743 Companies
in the Global Gold industry.

( Industry Median: 1.28 vs. AKG: 11.64 )
Ranked among companies with meaningful Operating Margin % only.
AKG' s Operating Margin % Range Over the Past 10 Years
Min: 7.12  Med: 7.12 Max: 11.64
Current: 11.64
7.12
11.64
Net Margin % -0.52
AKG's Net Margin % is ranked lower than
62% of the 746 Companies
in the Global Gold industry.

( Industry Median: 0.29 vs. AKG: -0.52 )
Ranked among companies with meaningful Net Margin % only.
AKG' s Net Margin % Range Over the Past 10 Years
Min: -7.14  Med: -7.14 Max: -0.52
Current: -0.52
-7.14
-0.52
ROE % -0.31
AKG's ROE % is ranked higher than
64% of the 1395 Companies
in the Global Gold industry.

( Industry Median: -10.31 vs. AKG: -0.31 )
Ranked among companies with meaningful ROE % only.
AKG' s ROE % Range Over the Past 10 Years
Min: -37.75  Med: -13.96 Max: -0.31
Current: -0.31
-37.75
-0.31
ROA % -0.20
AKG's ROA % is ranked higher than
67% of the 1566 Companies
in the Global Gold industry.

( Industry Median: -9.58 vs. AKG: -0.20 )
Ranked among companies with meaningful ROA % only.
AKG' s ROA % Range Over the Past 10 Years
Min: -36.79  Med: -13.77 Max: -0.2
Current: -0.2
-36.79
-0.2
ROC (Joel Greenblatt) % 4.96
AKG's ROC (Joel Greenblatt) % is ranked higher than
73% of the 1487 Companies
in the Global Gold industry.

( Industry Median: -13.76 vs. AKG: 4.96 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
AKG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -510.72  Med: -23.59 Max: 4.96
Current: 4.96
-510.72
4.96
3-Year EPS without NRI Growth Rate 63.70
AKG's 3-Year EPS without NRI Growth Rate is ranked higher than
93% of the 990 Companies
in the Global Gold industry.

( Industry Median: -20.60 vs. AKG: 63.70 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
AKG' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -90.2  Med: 4.3 Max: 210
Current: 63.7
-90.2
210
GuruFocus has detected 2 Warning Signs with Asanko Gold Inc $AKG.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» AKG's 30-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q2 2016

AKG Guru Trades in Q2 2016

Mario Gabelli 210,300 sh (unchged)
Donald Smith 2,009,579 sh (-0.01%)
Jim Simons 483,700 sh (-56.91%)
» More
Q3 2016

AKG Guru Trades in Q3 2016

Donald Smith 2,009,500 sh (unchged)
Mario Gabelli 161,300 sh (-23.30%)
Jim Simons 301,400 sh (-37.69%)
» More
Q4 2016

AKG Guru Trades in Q4 2016

Donald Smith 2,008,490 sh (-0.05%)
Mario Gabelli 153,800 sh (-4.65%)
Jim Simons 222,300 sh (-26.24%)
» More
Q1 2017

AKG Guru Trades in Q1 2017

Jim Simons 531,393 sh (+139.04%)
Donald Smith 2,894,914 sh (+44.13%)
Mario Gabelli 124,000 sh (-19.38%)
» More
» Details

Insider Trades

Latest Guru Trades with AKG

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Metals & Mining » Gold    NAICS: 212221    SIC: 611
Compare:OTCPK:PIRGF, OTCPK:ALIAF, OTCPK:ELKMF, NYSE:RIC, OTCPK:ICGQF, OTCPK:PAFRF, AMEX:GSV, AMEX:SAND, OTCPK:WDOFF, OTCPK:DPMLF, OTCPK:BGMZF, OTCPK:ARNGF, OTCPK:DRLDF, NYSE:SA, AMEX:GSS, OTCPK:VITFF, OTCPK:CHPMF, OTCPK:SCEXF, OTCPK:BRRGF, OTCPK:PMNXF » details
Traded in other countries:AKG.Canada, B7U.Germany,
Headquarter Location:Canada
Asanko Gold Inc is a gold producer. Its principal asset is the Asanko Gold Mine, which consists of two neighboring gold projects, the Obotan Project and the Esaase Project, both located in the Amansie West District of the Republic of Ghana, West Africa.

Asanko Gold Inc changed its name from Keegan Resources Inc. on March 1, 2013. The Company was incorporated as 'Quicksilver Ventures Inc.' It is a natural resource company currently engaged in the acquisition and exploration of mineral resources in West Ghana. All of the company's properties are currently in the exploration stage. The Company plans to undertake further work to perform a preliminary economic assessment of the deposit on the Esaase Property, as well as undertake additional exploration to add to the existing resource estimates and convert additional resources to an indicated resources category. It plans to continue exploration of the Asumura property, as well as the Jeni Concession. The Company competes with other mineral resource exploration companies. The current and anticipated future operations of the Company including further exploration activities, require permits from various Canadian, U.S. and West Ghanaian, Federal, Provincial, and/or state governmental agencies.

Top Ranked Articles about Asanko Gold Inc

Asanko Gold Releases Operating and Financial Results Company reported a loss in 4th quarter but exceeded guidance in gold production
Asanko Gold Inc. (AKG) reported operating and financial results for the last quarter of 2016 and the whole year of 2016 Thursday. Read more...
Asanko Gold Exceeds Gold Production Expectations The company aims to become a mid-tier gold producer
Asanko Gold Inc. (AKG) reported operating results for the fourth quarter of 2016 last Wednesday. From the Ghanaian Asanko Gold Mine’s Phase 1, the company produced 57,178 ounces of gold that exceeded the guidance that was set by the company, which was between 52,000 and 57,000 ounces. Read more...
Asanko Gold Results of Annual General Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 17, 2016) - Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) announced that all the resolutions put to shareholders at the Company's annual general meeting (the "Meeting") held yesterday were duly passed. The results for each of the matters voted upon at the Meeting are set out below:
Election of Directors
The seven nominees listed in the Company's management information circular dated May 23, 2016, were elected at the Meeting as directors of Asanko.



Director

Name
Votes

For
% Votes

For
Votes

Withheld
% Votes

Withheld


Colin Steyn
139,512,674
99.79%
294,323
0.21%


Peter Breese
139,661,074
99.90%
145,923
0.10%


Gordon Fretwell
136,960,207
97.96%
2,846,790
2.04%


Marcel de Groot
137,140,122
98.09%
2,666,875
1.91%


Michael Price
139,619,339
99.87%
187,658
0.13%


William Smart
138,641,549
99.17%
1,165,448
0.83%


Shawn Wallace
138,246,812
98.88%
1,560,185
1.12%



Appointment of Auditor



Name
Votes

For
% Votes

For
Votes

Withheld
% Votes

Withheld


KPMG LLP
153,004,490
99.82%
273,086
0.18%



Adoption of Shareholder Rights Plan




Votes

For
% Votes

For
Votes

Against
% Votes

Withheld


Shareholder Rights Plan
139,000,146
99.42%
806,851
0.58%



Neither Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Enquiries:
For further information please visit: www.asanko.com, email: [email protected].






Asanko Gold Inc.
Alex Buck
Manager, Investor and Media Relations
Toll-Free (N.America): 1-855-246-7341
44-7932-740-452
[email protected]





Read more...
Asanko Gold Annual General Meeting Information

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 23, 2016) - Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) advises it will hold its Annual General Meeting ("AGM") on Thursday June 16, 2016. Materials for the AGM, including its shareholders proxy circular, have now been filed at www.sedar.com and at www.sec.gov and are available on the Company's website at www.asanko.com. In the proxy circular, the Company provides details of its proposal to re-elect its current slate of seven directors, reappoint KPMG LLP as auditors and certain mandated disclosure about corporate governance matters. Included in this year's agenda is also a proposal to re-adopt a shareholders rights plan to replace a similar one that expired in 2015. The Rights Plan was not adopted in response to any specific take-over bid and is intended to ensure that, in the context of a bid for control of the Company through an acquisition of shares, all shareholders have an equal opportunity to participate in, and adequate time to assess, any bid that may be made. The Rights Plan is described in detail in the proxy circular and a full copy of the Rights Plan is separately available under the Company's SEDAR profile at www.sedar.com and at www.sec.gov. Neither Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.





Asanko Gold Inc.
Alex Buck
Manager, Investor and Media Relations
Toll-Free (N. America): 1-855-246-7341
44-7932-740-452
[email protected]
Asanko Gold Inc.
Wayne Drier
Executive, Corporate Development
1-778-729-0614
[email protected]
Asanko Gold Inc.
www.asanko.com
[email protected]




Read more...

Ratios

vs
industry
vs
history
Forward PE Ratio 21.37
AKG's Forward PE Ratio is ranked lower than
57% of the 583 Companies
in the Global Gold industry.

( Industry Median: 17.01 vs. AKG: 21.37 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PB Ratio 1.02
AKG's PB Ratio is ranked higher than
67% of the 1388 Companies
in the Global Gold industry.

( Industry Median: 2.03 vs. AKG: 1.02 )
Ranked among companies with meaningful PB Ratio only.
AKG' s PB Ratio Range Over the Past 10 Years
Min: 1.01  Med: 1.72 Max: 2.23
Current: 1.02
1.01
2.23
PS Ratio 1.78
AKG's PS Ratio is ranked lower than
64% of the 672 Companies
in the Global Gold industry.

( Industry Median: 1.84 vs. AKG: 1.78 )
Ranked among companies with meaningful PS Ratio only.
AKG' s PS Ratio Range Over the Past 10 Years
Min: 1.75  Med: 5.97 Max: 21.64
Current: 1.78
1.75
21.64
Price-to-Operating-Cash-Flow 5.07
AKG's Price-to-Operating-Cash-Flow is ranked higher than
50% of the 385 Companies
in the Global Gold industry.

( Industry Median: 8.68 vs. AKG: 5.07 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
AKG' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 5  Med: 11.01 Max: 26.85
Current: 5.07
5
26.85
EV-to-EBIT 20.43
AKG's EV-to-EBIT is ranked lower than
84% of the 904 Companies
in the Global Gold industry.

( Industry Median: 20.02 vs. AKG: 20.43 )
Ranked among companies with meaningful EV-to-EBIT only.
AKG' s EV-to-EBIT Range Over the Past 10 Years
Min: -74.6  Med: 57.5 Max: 109.9
Current: 20.43
-74.6
109.9
EV-to-EBITDA 5.74
AKG's EV-to-EBITDA is ranked higher than
52% of the 971 Companies
in the Global Gold industry.

( Industry Median: 10.14 vs. AKG: 5.74 )
Ranked among companies with meaningful EV-to-EBITDA only.
AKG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -2082.3  Med: 10.3 Max: 25.9
Current: 5.74
-2082.3
25.9
Current Ratio 2.63
AKG's Current Ratio is ranked higher than
54% of the 1502 Companies
in the Global Gold industry.

( Industry Median: 2.17 vs. AKG: 2.63 )
Ranked among companies with meaningful Current Ratio only.
AKG' s Current Ratio Range Over the Past 10 Years
Min: 0.25  Med: 32.08 Max: 134.57
Current: 2.63
0.25
134.57
Quick Ratio 1.92
AKG's Quick Ratio is ranked higher than
52% of the 1502 Companies
in the Global Gold industry.

( Industry Median: 1.71 vs. AKG: 1.92 )
Ranked among companies with meaningful Quick Ratio only.
AKG' s Quick Ratio Range Over the Past 10 Years
Min: 0.25  Med: 32.08 Max: 134.57
Current: 1.92
0.25
134.57
Days Inventory 44.07
AKG's Days Inventory is ranked higher than
73% of the 606 Companies
in the Global Gold industry.

( Industry Median: 76.92 vs. AKG: 44.07 )
Ranked among companies with meaningful Days Inventory only.
AKG' s Days Inventory Range Over the Past 10 Years
Min: 38.79  Med: 38.79 Max: 44.07
Current: 44.07
38.79
44.07
Days Sales Outstanding 58.81
AKG's Days Sales Outstanding is ranked lower than
62% of the 600 Companies
in the Global Gold industry.

( Industry Median: 36.83 vs. AKG: 58.81 )
Ranked among companies with meaningful Days Sales Outstanding only.
AKG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48  Med: 48 Max: 58.81
Current: 58.81
48
58.81

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -33.40
AKG's 3-Year Average Share Buyback Ratio is ranked lower than
75% of the 1131 Companies
in the Global Gold industry.

( Industry Median: -12.90 vs. AKG: -33.40 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
AKG' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -87.3  Med: -33.1 Max: 0
Current: -33.4
-87.3
0

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 1.00
AKG's Price-to-Tangible-Book is ranked higher than
70% of the 1342 Companies
in the Global Gold industry.

( Industry Median: 2.29 vs. AKG: 1.00 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
AKG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6  Med: 2.39 Max: 10.47
Current: 1
0.6
10.47
Price-to-Median-PS-Value 0.29
AKG's Price-to-Median-PS-Value is ranked higher than
89% of the 518 Companies
in the Global Gold industry.

( Industry Median: 1.05 vs. AKG: 0.29 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
AKG' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.29  Med: 3.03 Max: 56
Current: 0.29
0.29
56
Earnings Yield (Greenblatt) % 4.90
AKG's Earnings Yield (Greenblatt) % is ranked higher than
58% of the 1748 Companies
in the Global Gold industry.

( Industry Median: -0.10 vs. AKG: 4.90 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
AKG' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 0.9  Med: 1.5 Max: 4.96
Current: 4.9
0.9
4.96

More Statistics

Revenue (TTM) (Mil) $252.5
EPS (TTM) $ -0.01
Beta0.47
Short Percentage of Float19.81%
52-Week Range $2.04 - 4.68
Shares Outstanding (Mil)203.45

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 293 337 350
EPS ($) 0.10 0.16 0.27
EPS without NRI ($) 0.10 0.16 0.27
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)
» More Articles for AKG

Headlines

Articles On GuruFocus.com
Asanko Gold Releases Operating and Financial Results Mar 20 2017 
Asanko Gold Exceeds Gold Production Expectations Jan 14 2017 
Asanko Gold Produces 53,986 oz in Q3 2016 Oct 13 2016 
Asanko Gold Announces Encouraging Initial Drill Results From New Exploration Target Sep 19 2016 
Asanko Gold Partners With Leading Canadian NGO, CODE to Bring its World Class Literacy and Education Sep 15 2016 
Asanko Gold Increases H2 2016 Production Guidance Sep 15 2016 
Asanko Gold Results of Annual General Meeting Jun 17 2016 
Asanko Gold Annual General Meeting Information May 23 2016 
Asanko Gold Amends Debt Repayment Schedule in Preparation for Phase 2A Investment Decision May 19 2016 
Asanko Gold Q1 2016 Results and Site Visit Presentations May 12 2016 

More From Other Websites
Asanko Gold Annual General and Special Meeting Information May 04 2017
Asanko Gold Reports Q1 2017 Results May 04 2017
Asanko Gold Q1 2017 Conference Call Details Apr 28 2017
Asanko Gold Increases Akwasiso Resources by 79% and Reserves by 62% Apr 27 2017
Asanko Gold Produces Record 58,187oz in Q1 2017 Apr 18 2017
Asanko Gold, Inc. – Value Analysis (NYSE MKT:AKG) : April 17, 2017 Apr 17 2017
Asanko Gold, Inc. breached its 50 day moving average in a Bullish Manner : AKG-US : April 13, 2017 Apr 13 2017
Gold Resource Corporation Stock Slumped 11.5% in March: Should You Worry? Apr 06 2017
Asanko Gold Publishes 2016 Corporate Social Responsibility Report Mar 30 2017
Post Earnings Coverage as B2Gold's Q4 Revenues Rose 30% on Record Gold Sales Mar 29 2017
Asanko Gold Releases Operating and Financial Results Mar 20 2017
Asanko Gold Reports Q4 and 2016 Full Year Results Mar 16 2017
Asanko Gold Reiterates 2017 Production Guidance and Q4 2016 Conference Call Details Mar 09 2017
Akwasiso Drilling Continuing to Firm Up Resource Base and Project 5 Million Ahead of Schedule Mar 08 2017
Blog Coverage Asanko Gold Disclosed its Current Mineral Resource and Reserve Estimates Feb 27 2017
Asanko Gold Updated Resource and Reserve Statement Feb 24 2017
Wall Street Frowns, Sending Asanko Gold Inc. Down as Much as 15% Feb 07 2017
Asanko Gold Mine Expansion Update Feb 06 2017
Asanko Gold Exceeds Gold Production Expectations Jan 14 2017
Asanko Gold Produces 57,178oz in Q4 2016 Jan 11 2017

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