company background image
ASE logo

Asante Gold CNSX:ASE Stock Report

Last Price

CA$1.27

Market Cap

CA$565.6m

7D

1.6%

1Y

-35.5%

Updated

03 Jun, 2024

Data

Company Financials

Asante Gold Corporation

CNSX:ASE Stock Report

Market Cap: CA$565.6m

ASE Stock Overview

A mineral exploration company, engages in the acquisition, exploration, development, and operation of gold properties in the Republic of Ghana.

ASE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
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$1.27
52 Week HighCA$2.00
52 Week LowCA$0.99
Beta1.92
1 Month Change11.40%
3 Month Change-5.22%
1 Year Change-35.53%
3 Year Change209.76%
5 Year Change2,440.00%
Change since IPO139.62%

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

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
7D1.6%-1.1%-0.5%
1Y-35.5%8.8%11.9%

Return vs Industry: ASE underperformed the Canadian Metals and Mining industry which returned 8.8% over the past year.

Return vs Market: ASE underperformed the Canadian Market which returned 11.9% over the past year.

Price Volatility

Is ASE's price volatile compared to industry and market?
ASE volatility
ASE Average Weekly Movement9.0%
Metals and Mining Industry Average Movement10.8%
Market Average Movement8.7%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market3.0%

Stable Share Price: ASE has not had significant price volatility in the past 3 months.

Volatility Over Time: ASE's weekly volatility (9%) 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$565.64m
Earnings (TTM)-CA$132.15m
Revenue (TTM)CA$575.18m

1.0x

P/S Ratio

-4.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASE income statement (TTM)
RevenueCA$575.18m
Cost of RevenueCA$717.93m
Gross Profit-CA$142.75m
Other Expenses-CA$10.60m
Earnings-CA$132.15m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.30
Gross Margin-24.82%
Net Profit Margin-22.98%
Debt/Equity Ratio116.7%

How did ASE perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.