ASE Stock Overview
A mineral exploration company, engages in the acquisition, exploration, development, and operation of gold properties in the Republic of Ghana. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
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Asante Gold Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.04 |
| 52 Week High | CA$1.53 |
| 52 Week Low | CA$0.83 |
| Beta | 1.61 |
| 1 Month Change | -11.11% |
| 3 Month Change | -25.71% |
| 1 Year Change | -26.76% |
| 3 Year Change | -14.75% |
| 5 Year Change | 1,980.00% |
| Change since IPO | 96.23% |
Recent News & Updates
Shareholder Returns
| ASE | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | -3.7% | 0.8% | 0.9% |
| 1Y | -26.8% | 19.2% | 15.7% |
Return vs Industry: ASE underperformed the Canadian Metals and Mining industry which returned 19.2% over the past year.
Return vs Market: ASE underperformed the Canadian Market which returned 15.7% over the past year.
Price Volatility
| ASE volatility | |
|---|---|
| ASE Average Weekly Movement | 5.4% |
| Metals and Mining Industry Average Movement | 10.1% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: ASE has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: ASE's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 1,373 | Dave Anthony | www.asantegold.com |
Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, development, and operation of gold properties in the Republic of Ghana. The company holds 100% interest in the Fahiakoba concession situated in the Ashanti and Central regions in the Republic of Ghana; 90% interest in the Bibiani gold mine located in the western region of Ghana; and 90% interest in the Chirano gold mine located in Ghana. It 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 50% interest in the Keyhole Gold project.
Asante Gold Corporation Fundamentals Summary
| ASE fundamental statistics | |
|---|---|
| Market cap | CA$526.14m |
| Earnings (TTM) | -CA$29.29m |
| Revenue (TTM) | CA$654.97m |
0.8x
P/S Ratio-17.8x
P/E RatioIs ASE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASE income statement (TTM) | |
|---|---|
| Revenue | US$456.21m |
| Cost of Revenue | US$472.59m |
| Gross Profit | -US$16.38m |
| Other Expenses | US$4.03m |
| Earnings | -US$20.40m |
Last Reported Earnings
Oct 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.041 |
| Gross Margin | -3.59% |
| Net Profit Margin | -4.47% |
| Debt/Equity Ratio | 276.2% |
How did ASE perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:54 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Asante Gold Corporation is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Mackenzie | Canaccord Genuity |
| Carey MacRury | Canaccord Genuity |
| Michael Fairbairn | Canaccord Genuity |