Stock Analysis

Asante Gold Full Year 2024 Earnings: CA$0.31 loss per share (vs CA$0.53 loss in FY 2023)

CNSX:ASE
Source: Shutterstock

Asante Gold (CSE:ASE) Full Year 2024 Results

Key Financial Results

  • Revenue: CA$575.2m (up 109% from FY 2023).
  • Net loss: CA$132.2m (loss narrowed by 25% from FY 2023).
  • CA$0.31 loss per share (improved from CA$0.53 loss in FY 2023).
earnings-and-revenue-history
CNSX:ASE Earnings and Revenue History May 3rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Asante Gold shares are up 3.4% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Asante Gold (at least 1 which is a bit concerning), and understanding these should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.