Avesoro Resources’ (ASO) Corporate Rating Reiterated at FinnCap

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

ASO has been the topic of several other reports. Numis Securities reaffirmed a buy rating and issued a GBX 280 ($3.66) price target on shares of in a research report on Tuesday, June 11th. Shore Capital reissued a not rated rating on shares of SolGold in a report on Wednesday, May 8th. Finally, Berenberg Bank restated a buy rating and issued a GBX 250 ($3.27) price target on shares of in a research report on Tuesday, June 18th.

Shares of LON:ASO opened at GBX 83 ($1.08) on Wednesday. The firm’s 50 day simple moving average is GBX 72.31. Avesoro Resources has a twelve month low of GBX 28.27 ($0.37) and a twelve month high of GBX 270 ($3.53). The company has a market cap of $50.58 million and a P/E ratio of -1.35. The company has a debt-to-equity ratio of 159.05, a quick ratio of 0.26 and a current ratio of 0.83.

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.

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