Avesoro Resources (LON:ASO) Given Corporate Rating at FinnCap

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

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

Avesoro Resources stock opened at GBX 83 ($1.08) on Wednesday. The firm has a market capitalization of $50.58 million and a P/E ratio of -1.35. The stock has a fifty day simple moving average of GBX 72.31. The company has a current ratio of 0.83, a quick ratio of 0.26 and a debt-to-equity ratio of 159.05. Avesoro Resources has a 12 month low of GBX 28.27 ($0.37) and a 12 month high of GBX 270 ($3.53).

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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