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Asante Gold CNSX:ASE Stock Report

Last Price

CA$1.19

Market Cap

CA$556.7m

7D

-9.8%

1Y

-40.5%

Updated

23 Apr, 2024

Data

Company Financials

Asante Gold Corporation

CNSX:ASE Stock Report

Market Cap: CA$556.7m

ASE Stock Overview

Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, development, and operation of mineral resource properties in the Republic of Ghana.

ASE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Asante Gold Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Asante Gold
Historical stock prices
Current Share PriceCA$1.19
52 Week HighCA$2.21
52 Week LowCA$1.05
Beta1.89
1 Month Change-0.83%
3 Month Change-17.93%
1 Year Change-40.50%
3 Year Change376.00%
5 Year Change2,063.64%
Change since IPO124.53%

Recent News & Updates

The Market Doesn't Like What It Sees From Asante Gold Corporation's (CSE:ASE) Revenues Yet

Apr 01
The Market Doesn't Like What It Sees From Asante Gold Corporation's (CSE:ASE) Revenues Yet

Asante Gold Corporation's (CSE:ASE) Revenues Are Not Doing Enough For Some Investors

Dec 18
Asante Gold Corporation's (CSE:ASE) Revenues Are Not Doing Enough For Some Investors

Recent updates

The Market Doesn't Like What It Sees From Asante Gold Corporation's (CSE:ASE) Revenues Yet

Apr 01
The Market Doesn't Like What It Sees From Asante Gold Corporation's (CSE:ASE) Revenues Yet

Asante Gold Corporation's (CSE:ASE) Revenues Are Not Doing Enough For Some Investors

Dec 18
Asante Gold Corporation's (CSE:ASE) Revenues Are Not Doing Enough For Some Investors

Shareholder Returns

ASECA Metals and MiningCA Market
7D-9.8%0.02%-0.6%
1Y-40.5%-3.9%3.9%

Return vs Industry: ASE underperformed the Canadian Metals and Mining industry which returned -3.9% over the past year.

Return vs Market: ASE underperformed the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is ASE's price volatile compared to industry and market?
ASE volatility
ASE Average Weekly Movement8.1%
Metals and Mining Industry Average Movement11.6%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: ASE's share price has been volatile over the past 3 months.

Volatility Over Time: ASE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20111,373Dave Anthonywww.asantegold.com

Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, development, and operation of mineral resource properties in the Republic of Ghana. It holds 100% interest in the Fahiakoba concession situated in the Ashanti and Central regions in the Republic of Ghana; and 90% interest in the Bibiani gold mine located in the western region of Ghana. The company also has an option to acquire a 100% interest in the Betenase permit located in Ghana; 90% interest in the Kubi Mining lease located in Ghana; and 100% interest in the Keyhole Gold project.

Asante Gold Corporation Fundamentals Summary

How do Asante Gold's earnings and revenue compare to its market cap?
ASE fundamental statistics
Market capCA$556.73m
Earnings (TTM)-CA$250.02m
Revenue (TTM)CA$557.09m

1.0x

P/S Ratio

-2.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASE income statement (TTM)
RevenueCA$557.09m
Cost of RevenueCA$720.09m
Gross Profit-CA$163.00m
Other ExpensesCA$87.02m
Earnings-CA$250.02m

Last Reported Earnings

Oct 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.56
Gross Margin-29.26%
Net Profit Margin-44.88%
Debt/Equity Ratio529.7%

How did ASE perform over the long term?

See historical performance and comparison
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