Avesoro Resources’ (ASO) “Not Rated” Rating Reaffirmed at Shore Capital

Shore Capital reissued their not rated rating on shares of Avesoro Resources (LON:ASO) in a research note published on Wednesday, Digital Look reports.

Several other equities research analysts also recently issued reports on the stock. Berenberg Bank reiterated a buy rating and issued a GBX 283 ($3.70) target price on shares of Avesoro Resources in a research note on Wednesday. FinnCap reiterated a corporate rating and issued a GBX 300 ($3.92) target price (up from GBX 293 ($3.83)) on shares of Avesoro Resources in a research note on Wednesday. Finally, Numis Securities reiterated a buy rating on shares of Avesoro Resources in a research note on Friday, January 18th.

Shares of LON ASO opened at GBX 106.50 ($1.39) on Wednesday. The stock has a market capitalization of $86.88 million and a PE ratio of -2.91. The company has a debt-to-equity ratio of 128.84, a current ratio of 0.81 and a quick ratio of 0.20. Avesoro Resources has a fifty-two week low of GBX 103.05 ($1.35) and a fifty-two week high of GBX 279.40 ($3.65).

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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