FinnCap Reiterates Corporate Rating for Avesoro Resources (LON:ASO)

FinnCap restated their corporate rating on shares of Avesoro Resources (LON:ASO) in a report issued on Wednesday morning, ThisIsMoney.Co.Uk reports.

A number of other analysts have also recently weighed in on the company. Numis Securities reiterated a buy rating and set a GBX 280 ($3.66) price target on shares of in a research report on Tuesday, June 11th. Berenberg Bank reiterated a buy rating and set a GBX 250 ($3.27) price target on shares of in a research report on Tuesday, June 18th. Finally, Shore Capital reiterated a not rated rating on shares of SolGold in a research report on Wednesday, May 8th.

Shares of Avesoro Resources stock remained flat at $GBX 81 ($1.06) on Wednesday. The stock had a trading volume of 39,292 shares, compared to its average volume of 33,862. The company has a quick ratio of 0.26, a current ratio of 0.83 and a debt-to-equity ratio of 159.05. The company’s fifty day simple moving average is GBX 72.56. The company has a market cap of $50.58 million and a PE ratio of -1.31. Avesoro Resources has a fifty-two week low of GBX 28.27 ($0.37) and a fifty-two week high of GBX 270 ($3.53).

Avesoro Resources Company Profile

Avesoro Resources Inc explores for, develops, and operates gold assets in West Africa. The company primarily owns interests in the New Liberty gold mine located in Liberia; and Youga gold mine and Balogo satellite deposit in Burkina Faso. It also has an exploration stage gold project in Cameroon. The company was incorporated in 2011 and is based in Toronto, Canada.

See Also: Systematic Risk

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