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Asante Gold CNSX:ASE Stock Report

Last Price

CA$1.24

Market Cap

CA$580.4m

7D

-7.5%

1Y

-27.1%

Updated

13 Nov, 2024

Data

Company Financials

Asante Gold Corporation

CNSX:ASE Stock Report

Market Cap: CA$580.4m

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

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$1.24
52 Week HighCA$1.75
52 Week LowCA$0.83
Beta1.65
11 Month Change-14.48%
3 Month Change12.73%
1 Year Change-27.06%
33 Year Change-6.77%
5 Year Change3,000.00%
Change since IPO133.96%

Recent News & Updates

Recent updates

Asante Gold Corporation (CSE:ASE) Shares Fly 27% But Investors Aren't Buying For Growth

Aug 24
Asante Gold Corporation (CSE:ASE) Shares Fly 27% But Investors Aren't Buying For Growth

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-7.5%-7.4%-0.2%
1Y-27.1%25.7%21.2%

Return vs Industry: ASE underperformed the Canadian Metals and Mining industry which returned 27.6% over the past year.

Return vs Market: ASE underperformed the Canadian Market which returned 21.5% over the past year.

Price Volatility

Is ASE's price volatile compared to industry and market?
ASE volatility
ASE Average Weekly Movement7.5%
Metals and Mining Industry Average Movement10.6%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market2.9%

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 (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 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

How do Asante Gold's earnings and revenue compare to its market cap?
ASE fundamental statistics
Market capCA$580.38m
Earnings (TTM)-CA$55.06m
Revenue (TTM)CA$623.27m

0.9x

P/S Ratio

-10.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASE income statement (TTM)
RevenueUS$445.21m
Cost of RevenueUS$484.38m
Gross Profit-US$39.18m
Other ExpensesUS$149.68k
Earnings-US$39.33m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.084
Gross Margin-8.80%
Net Profit Margin-8.83%
Debt/Equity Ratio752.5%

How did ASE perform over the long term?

See historical performance and comparison