company background image
1A9 logo

Asante Gold DB:1A9 Stock Report

Last Price

€0.89

Market Cap

€400.1m

7D

-4.8%

1Y

-14.8%

Updated

17 Apr, 2024

Data

Company Financials

1A9 Stock Overview

Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, development, and operation of mineral resource properties in the Republic of Ghana.

1A9 fundamental analysis
Snowflake Score
Valuation1/6
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$0.89
52 Week HighCA$1.47
52 Week LowCA$0.76
Beta1.89
1 Month Change15.29%
3 Month Change-5.72%
1 Year Change-14.83%
3 Year Change426.63%
5 Year Change3,769.57%
Change since IPO230.86%

Recent News & Updates

Recent updates

Shareholder Returns

1A9DE Metals and MiningDE Market
7D-4.8%-6.4%-2.5%
1Y-14.8%-29.1%-0.4%

Return vs Industry: 1A9 exceeded the German Metals and Mining industry which returned -28.6% over the past year.

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

Price Volatility

Is 1A9's price volatile compared to industry and market?
1A9 volatility
1A9 Average Weekly Movement8.4%
Metals and Mining Industry Average Movement5.5%
Market Average Movement4.9%
10% most volatile stocks in DE Market9.9%
10% least volatile stocks in DE Market2.4%

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

Volatility Over Time: 1A9's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.

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 mineral resource properties in the Republic of Ghana. It holds 100% interest in the Fahiakoba concession situated in the Ashanti and Central regions in the Republic of Ghana; and 90% interest in the Bibiani gold mine located in the western region of Ghana. The company 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 100% 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€400.08m
Earnings (TTM)-€170.14m
Revenue (TTM)€379.10m

1.1x

P/S Ratio

-2.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1A9 income statement (TTM)
RevenueCA$557.09m
Cost of RevenueCA$720.09m
Gross Profit-CA$163.00m
Other ExpensesCA$87.02m
Earnings-CA$250.02m

Last Reported Earnings

Oct 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.56
Gross Margin-29.26%
Net Profit Margin-44.88%
Debt/Equity Ratio529.7%

How did 1A9 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.