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Asante Gold DB:1A9 Stock Report

Last Price

€0.73

Market Cap

€374.3m

7D

-3.9%

1Y

-19.6%

Updated

20 Dec, 2024

Data

Company Financials

1A9 Stock Overview

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

1A9 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Asante Gold Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Asante Gold
Historical stock prices
Current Share PriceCA$0.73
52 Week HighCA$1.03
52 Week LowCA$0.61
Beta1.61
1 Month Change-8.13%
3 Month Change-18.78%
1 Year Change-19.58%
3 Year Change-4.55%
5 Year Change3,240.91%
Change since IPO173.23%

Recent News & Updates

Recent updates

Shareholder Returns

1A9DE Metals and MiningDE Market
7D-3.9%-4.1%-2.6%
1Y-19.6%-23.1%6.9%

Return vs Industry: 1A9 exceeded the German Metals and Mining industry which returned -22.3% over the past year.

Return vs Market: 1A9 underperformed the German Market which returned 7.1% over the past year.

Price Volatility

Is 1A9's price volatile compared to industry and market?
1A9 volatility
1A9 Average Weekly Movement5.4%
Metals and Mining Industry Average Movement11.9%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.3%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 1A9 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 1A9's weekly volatility (5%) 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?
1A9 fundamental statistics
Market cap€374.29m
Earnings (TTM)-€19.55m
Revenue (TTM)€437.24m

0.8x

P/S Ratio

-18.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1A9 income statement (TTM)
RevenueUS$456.21m
Cost of RevenueUS$472.59m
Gross Profit-US$16.38m
Other ExpensesUS$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 Ratio276.2%

How did 1A9 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 01:23
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
Annual Earnings2024/01/31

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 here.

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 .

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.

AnalystInstitution
Kevin MackenzieCanaccord Genuity
Carey MacRuryCanaccord Genuity
Michael FairbairnCanaccord Genuity