Ashanti Gold (CVE:AGZ) Stock Price Up 11.1%

Ashanti Gold Corp (CVE:AGZ)’s share price rose 11.1% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05, approximately 290,000 shares were traded during trading. An increase of 90% from the average daily volume of 152,941 shares. The stock had previously closed at C$0.05.

The stock’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The company has a market capitalization of $3.32 million and a PE ratio of -0.98.

About Ashanti Gold (CVE:AGZ)

Ashanti Gold Corp. engages in the exploration and development of gold and other mineral properties in Western Africa. Its flagship project is the Kossanto East project covering an area of 66.41 km2 in western Mali. The company was formerly known as Gulf Shores Resources Ltd. and changed its name to Ashanti Gold Corp.

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