|Bid||83.00 x 0|
|Ask||88.00 x 0|
|Day's Range||83.00 - 92.60|
|52 Week Range||28.27 - 205.00|
|Beta (3Y Monthly)||0.24|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 12, 2019 - Aug 16, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.01|
TORONTO , Aug. 16, 2019 /CNW/ - Avesoro Resources announces that, on the morning of August 9, 2019 , its Youga Gold Mine in Burkina Faso ("Youga" of the "Mine") experienced a security breach by an armed group of artisanal miners seeking to steal ore from the Mine's stockpile and who temporarily overran the Mine camp. With the local Gendarme (Police), the Youga site was secured and is now again in the Company's control. Serhan Umurhan, the Company's Chief Executive Officer, travelled to Youga on August 9, 2019 with the General Manager of the Mine to assess the situation, and following an updated risk assessment of the situation took the decision to suspend all processing and mining operations at the Mine and to evacuate staff to Ouagadougou (the capital city of Burkina Faso ).
Security forces in Burkina Faso have sealed off an Avesoro gold mine after a security guard killed an intruder and local people attacked the site in retaliation, security sources said on Friday. The Youga gold mine, in the south of the country, was shut down following the incident on Thursday, three employees told Reuters. On Thursday, mine owner Avesoro Resources said an armed group of artisanal miners had attacked the site, but that mining and processing had continued throughout the incident in the early hours of Thursday.
Avesoro Resources Inc. - Filing of NI 43-101 Technical Report for the Youga Gold Mine, Burkina Faso
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