New Harbor Financial Group Exits Position in Asanko Gold Inc (AKG)

Asanko Gold Inc (AKG) : New Harbor Financial Group has sold out all of its stake in Asanko Gold Inc during the most recent quarter, according to the disclosure filed by the company on Oct 13, 2016 with the SEC. The investment management company has sold out 1,700 shares of Asanko Gold Inc which is valued at $6,477.

Other Hedge Funds, Including , Creative Planning added AKG to its portfolio by purchasing 400 company shares during the most recent quarter which is valued at $1,364.Simplex Trading boosted its stake in AKG in the latest quarter, The investment management firm added 19,692 additional shares and now holds a total of 46,040 shares of Asanko Gold Inc which is valued at $159,298. Asanko Gold Inc makes up approx 0.02% of Simplex Trading’s portfolio.

Asanko Gold Inc closed down -0.18 points or -5.01% at $3.41 with 2,73,542 shares getting traded on Tuesday. Post opening the session at $3.52, the shares hit an intraday low of $3.41 and an intraday high of $3.53 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

Asanko Gold Inc. (Asanko) is a Canada-based exploration and development stage company. The Company’s primary asset is its Asanko Gold Mine Project located on the Asankrangwa gold belt in Ghana. In addition to its principal project the Company holds a portfolio of other Ghanaian gold concessions in various stages of exploration. The Asanko Gold Mine Project is located in the Amansie West district of the Ashanti region of Ghana approximately 250 kilometer northwest of the capital Accra and about 50 to 80 kilometer southwest of the regional capital of Kumasi. The Company is developing Asanko Gold Mine Project in two Phases. The Phase I consists of Nkran pit which accounts for 85% of the Phase I ore reserves and four satellite deposits Abore Asuadai Dynamite Hill and Adubiaso.

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