Avesoro Resources (LON:ASO) Stock Rating Reaffirmed by FinnCap

FinnCap reiterated their corporate rating on shares of Avesoro Resources (LON:ASO) in a research note published on Wednesday morning, ThisIsMoney.Co.Uk reports.

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

ASO stock opened at GBX 83 ($1.08) on Wednesday. The company has a market capitalization of $50.58 million and a P/E ratio of -1.35. 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 current ratio of 0.83, a quick ratio of 0.26 and a debt-to-equity ratio of 159.05. The business’s fifty day moving average price is GBX 72.31.

About Avesoro Resources

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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