Asante Gold Management
Management criteria checks 1/4
Asante Gold's CEO is Dave Anthony, appointed in Mar 2022, has a tenure of 1.75 years. directly owns 0.003% of the company’s shares, worth GHS191.31K. The average tenure of the management team and the board of directors is 1.8 years and 3.4 years respectively.
Key information
Dave Anthony
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.003% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2023 | n/a | n/a | -CA$250m |
| Jul 31 2023 | n/a | n/a | -CA$270m |
| Apr 30 2023 | n/a | n/a | -CA$224m |
| Jan 31 2023 | n/a | n/a | -CA$177m |
| Oct 31 2022 | n/a | n/a | -CA$106m |
| Jul 31 2022 | n/a | n/a | -CA$45m |
| Apr 30 2022 | n/a | n/a | -CA$30m |
| Jan 31 2022 | CA$603k | CA$603k | -CA$8m |
Compensation vs Market: Insufficient data to establish whether Dave's total compensation is reasonable compared to companies of similar size in the GH market.
Compensation vs Earnings: Insufficient data to compare Dave's compensation with company performance.
CEO
Dave Anthony (66 yo)
1.8yrs
Tenure
CA$602,791
Compensation
Mr. David Harold Anthony, P.Eng., also known a Dave, serves as President and Chief Executive Officer at Asante Gold Corp. since March 2022 and serves as its Director since March 17, 2023 and served as its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.8yrs | CA$156.13k | 0.76% GHS 43.2m | |
| President | 1.8yrs | CA$602.79k | 0.0034% GHS 191.3k | |
| Founder & Non-Executive Director | 12.9yrs | CA$267.50k | 1.32% GHS 75.0m | |
| VP of Production Development & Director | no data | CA$101.00k | 0.18% GHS 10.2m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Vice President of Operations | 1.3yrs | no data | no data | |
| General Counsel | 1.3yrs | no data | no data | |
| Special Advisor & Consultant | 3.1yrs | CA$75.51k | no data | |
| General Manager of Geology | 2.3yrs | no data | no data | |
| Exploration Manager Mine | 1.9yrs | no data | no data | |
| Executive VP & Country Director | 1.7yrs | no data | 0.20% GHS 11.5m | |
| Advisor to the Board of Directors & Consultant | 6.8yrs | no data | no data |
1.8yrs
Average Tenure
66yo
Average Age
Experienced Management: ASG's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.8yrs | CA$156.13k | 0.76% GHS 43.2m | |
| President | less than a year | CA$602.79k | 0.0034% GHS 191.3k | |
| Founder & Non-Executive Director | 12.6yrs | CA$267.50k | 1.32% GHS 75.0m | |
| VP of Production Development & Director | 8.4yrs | CA$101.00k | 0.18% GHS 10.2m | |
| Special Advisor & Consultant | 3.1yrs | CA$75.51k | no data | |
| Advisor to the Board of Directors & Consultant | no data | no data | no data | |
| Consultant & Advisor to the Board | no data | no data | no data | |
| Advisor | no data | no data | no data | |
| Lead Independent Non-Executive Director | 9.7yrs | CA$51.00k | 0.090% GHS 5.1m | |
| Independent Non-Executive Director | 3.3yrs | CA$40.00k | 0.75% GHS 42.4m | |
| Advisor to the Board | 4.9yrs | no data | no data | |
| Independent Non-Executive Director | 3.4yrs | CA$46.00k | 0.88% GHS 50.1m |
3.4yrs
Average Tenure
67.5yo
Average Age
Experienced Board: ASG's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/30 01:59 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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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 |