ASG Stock Overview
A mineral exploration company, engages in the acquisition, exploration, development, and operation of gold properties in the Republic of Ghana. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Asante Gold Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$8.89 |
| 52 Week High | CA$0 |
| 52 Week Low | CA$0 |
| Beta | 2.42 |
| 1 Month Change | 0% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 0.23% |
Recent News & Updates
Recent updates
Shareholder Returns
| ASG | GH Metals and Mining | GH Market | |
|---|---|---|---|
| 7D | 0% | -2.7% | 3.0% |
| 1Y | n/a | -16.4% | 55.9% |
Return vs Industry: Insufficient data to determine how ASG performed against the GH Metals and Mining industry.
Return vs Market: Insufficient data to determine how ASG performed against the GH Market.
Price Volatility
| ASG volatility | |
|---|---|
| ASG Average Weekly Movement | n/a |
| Metals and Mining Industry Average Movement | 5.9% |
| Market Average Movement | 2.3% |
| 10% most volatile stocks in GH Market | 4.5% |
| 10% least volatile stocks in GH Market | 0.8% |
Stable Share Price: ASG has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine ASG's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 1,373 | Dave Anthony | www.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
| ASG fundamental statistics | |
|---|---|
| Market cap | GH₵5.68b |
| Earnings (TTM) | -GH₵2.25b |
| Revenue (TTM) | GH₵5.00b |
1.1x
P/S Ratio-2.5x
P/E RatioIs ASG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASG income statement (TTM) | |
|---|---|
| Revenue | CA$557.09m |
| Cost of Revenue | CA$720.09m |
| Gross Profit | -CA$163.00m |
| Other Expenses | CA$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 Ratio | 529.7% |
How did ASG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/30 14:31 |
| End of Day Share Price | 2023/10/02 00:00 |
| Earnings | 2023/10/31 |
| Annual Earnings | 2023/01/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Mackenzie | Canaccord Genuity |
| Carey MacRury | Canaccord Genuity |
| Michael Fairbairn | Canaccord Genuity |