ASG logo

Asante Gold GHSE:ASG Stock Report

Last Price

GH₵8.89

Market Cap

GH₵5.7b

7D

0%

1Y

n/a

Updated

30 Dec, 2023

Data

Company Financials

Asante Gold Corporation

GHSE:ASG Stock Report

Market Cap: GH₵5.7b

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

ASG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
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$8.89
52 Week HighCA$0
52 Week LowCA$0
Beta2.42
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO0.23%

Recent News & Updates

Recent updates

Shareholder Returns

ASGGH Metals and MiningGH Market
7D0%-2.7%3.0%
1Yn/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

Is ASG's price volatile compared to industry and market?
ASG volatility
ASG Average Weekly Movementn/a
Metals and Mining Industry Average Movement5.9%
Market Average Movement2.3%
10% most volatile stocks in GH Market4.5%
10% least volatile stocks in GH Market0.8%

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

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?
ASG fundamental statistics
Market capGH₵5.68b
Earnings (TTM)-GH₵2.25b
Revenue (TTM)GH₵5.00b

1.1x

P/S Ratio

-2.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASG 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 ASG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/30 14:31
End of Day Share Price 2023/10/02 00:00
Earnings2023/10/31
Annual Earnings2023/01/31

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. 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