Numis Securities Reaffirms “Buy” Rating for Avesoro Resources (ASO)

Avesoro Resources (LON:ASO)‘s stock had its “buy” rating reissued by Numis Securities in a report released on Monday, March 5th.

Several other research analysts also recently weighed in on the stock. Shore Capital reissued an “under review” rating on shares of Avesoro Resources in a research report on Monday, November 13th. Beaufort Securities initiated coverage on shares of Avesoro Resources in a research report on Friday, February 2nd. They issued a “speculative buy” rating on the stock. One investment analyst has rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 4.20 ($0.06).

Avesoro Resources (LON ASO) remained flat at $GBX 235 ($3.25) during trading on Monday. The company had a trading volume of 4,093 shares, compared to its average volume of 24,146. The firm has a market capitalization of $195.59 and a PE ratio of -87.04. Avesoro Resources has a 52-week low of GBX 170 ($2.35) and a 52-week high of GBX 285 ($3.94).

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Avesoro Resources Company Profile

Avesoro Resources Inc, formerly Aureus Mining Inc, is a Canada-based company, which through its subsidiaries, is engaged in the exploration and development of gold deposits in Liberia and Cameroon. The Company’s activities are concentrated on the development of the New Liberty Gold Project, which is located within the Southern Block of the Bea Mountain mining license in Liberia and covers an area of 478 square kilometers.

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