Asante Gold Corporation

TSXV:ASE Stock Report

Market Cap: CA$1.7b

Asante Gold Management

Management criteria checks 3/4

Asante Gold's CEO is Dave Anthony, appointed in Mar 2022, has a tenure of 3.58 years. total yearly compensation is $1.12M, comprised of 40.6% salary and 59.4% bonuses, including company stock and options. directly owns 0.024% of the company’s shares, worth CA$426.25K. The average tenure of the management team and the board of directors is 2.1 years and 4.2 years respectively.

Key information

Dave Anthony

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage40.57%
CEO tenure3.6yrs
CEO ownership0.02%
Management average tenure2.1yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

Benign Growth For Asante Gold Corporation (CSE:ASE) Underpins Its Share Price

Jan 28
Benign Growth For Asante Gold Corporation (CSE:ASE) Underpins Its Share Price

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

CEO Compensation Analysis

How has Dave Anthony's remuneration changed compared to Asante Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Jul 31 2025n/an/a

-US$107m

Apr 30 2025n/an/a

-US$66m

Jan 31 2025US$1mUS$455k

-US$75m

Oct 31 2024n/an/a

-US$20m

Jul 31 2024n/an/a

-US$39m

Apr 30 2024n/an/a

-US$67m

Jan 31 2024US$722kUS$361k

-US$97m

Oct 31 2023n/an/a

-US$184m

Jul 31 2023n/an/a

-US$203m

Apr 30 2023n/an/a

-US$165m

Jan 31 2023US$1mUS$465k

-US$133m

Oct 31 2022n/an/a

-US$78m

Jul 31 2022n/an/a

-US$35m

Apr 30 2022n/an/a

-US$23m

Jan 31 2022US$474kUS$474k

-US$7m

Compensation vs Market: Dave's total compensation ($USD1.12M) is below average for companies of similar size in the Canadian market ($USD2.16M).

Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.

CEO

Dave Anthony (68 yo)

3.6yrs
Tenure
US$1,121,250
Compensation

Mr. David Harold Anthony, also known a Dave, P.Eng. serves as President and Chief Executive Officer at Asante Gold Corp. since March 7, 2022 and serves as its Director since March 16, 2023. Mr. Anthony ser...

Leadership Team

NamePositionTenureCompensationOwnership
Malik Easah
Executive Chairman4.6yrsUS$1.24m2.17%
CA$ 38.0m
David Anthony
President3.6yrsUS$1.12m0.024%
CA$ 426.2k
David Wiens
Chief Financial Officer2.2yrsUS$764.84k0.011%
CA$ 188.6k
Frederick Attakumah
Executive VP & Country Director3.5yrsUS$659.67k0.13%
CA$ 2.3m
Juliet Manteaw-Kutin
General Counsel1.5yrsno data0.041%
CA$ 708.8k
Maria Wilson
Group Human Resources Manager1.8yrsno datano data
Dean Bertram
Vice President of Geology1.3yrsno datano data
Charlotte May
Corporate Secretaryno datano datano data
2.1yrs
Average Tenure

Experienced Management: ASE's management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Malik Easah
Executive Chairman4.6yrsUS$1.24m2.17%
CA$ 38.0m
David Anthony
President2.6yrsUS$1.12m0.024%
CA$ 426.2k
Alexandre Heath
Lead Independent Non-Executive Director11.5yrsUS$977.33k0.056%
CA$ 980.0k
Roger Norwich
Independent Non-Executive Director5.1yrsUS$727.70k0.47%
CA$ 8.1m
Bashir Ahmed
Non-Independent Director10.3yrsUS$426.89k0.14%
CA$ 2.5m
R. Bourke
Director of Subsidiaryno dataUS$2.09kno data
R. Holford
Director of Subsidiaryno dataUS$2.09kno data
Alexander Smirnov
Independent Director3.8yrsUS$392.83kno data
Edward Nana Koranteng
Independent Director2.6yrsUS$554.49kno data
Alireza Abbassi Monjezi
Independent Directorless than a yearUS$7.19kno data
4.2yrs
Average Tenure
68yo
Average Age

Experienced Board: ASE's board of directors are considered experienced (4.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/09 22:11
End of Day Share Price 2025/10/09 00:00
Earnings2025/07/31
Annual Earnings2025/01/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Asante Gold Corporation is covered by 4 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.

AnalystInstitution
Kevin MackenzieCanaccord Genuity
Carey MacRuryCanaccord Genuity
Michael FairbairnCanaccord Genuity