Asante Gold Corporation

GHSE:ASG Stock Report

Market Cap: GH₵5.7b

Asante Gold Past Earnings Performance

Past criteria checks 0/6

Asante Gold's earnings have been declining at an average annual rate of -86.8%, while the Metals and Mining industry saw earnings growing at 38.8% annually. Revenues have been growing at an average rate of 93.9% per year.

Key information

-86.8%

Earnings growth rate

-80.0%

EPS growth rate

Metals and Mining Industry Growth24.3%
Revenue growth rate93.9%
Return on equity-3,119.9%
Net Margin-44.9%
Last Earnings Update31 Oct 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Asante Gold makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

GHSE:ASG Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Oct 23557-250380
31 Jul 23542-270440
30 Apr 23407-224400
31 Jan 23275-177500
31 Oct 22116-106380
31 Jul 220-45300
30 Apr 220-30250
31 Jan 220-870
31 Oct 210-860
31 Jul 210-110
30 Apr 210-110
31 Jan 210-110
31 Oct 200-100
31 Jul 200-100
30 Apr 200000
31 Jan 200-100
31 Oct 190-110
31 Jul 190000
30 Apr 190-110
31 Jan 190-110
31 Oct 180010
31 Jul 180010
30 Apr 180-110
31 Jan 180-110
31 Oct 170-110
31 Jul 170-110
30 Apr 170-110
31 Jan 170-110
31 Oct 160-110
31 Jul 160-110
30 Apr 160-110
31 Jan 160-110
31 Oct 150-110
31 Jul 150-110
30 Apr 150-110
31 Jan 150-110
31 Oct 140-110
31 Jul 140-110
30 Apr 140-110
31 Jan 140-110
31 Oct 130-110
31 Jul 130-110
30 Apr 130-110

Quality Earnings: ASG is currently unprofitable.

Growing Profit Margin: ASG is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ASG is unprofitable, and losses have increased over the past 5 years at a rate of 86.8% per year.

Accelerating Growth: Unable to compare ASG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ASG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-33.4%).


Return on Equity

High ROE: ASG has a negative Return on Equity (-3119.93%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies