Asante Gold Corporation

OTCPK:ASGO.F Stock Report

Market Cap: US$414.1m

Asante Gold Valuation

Is ASGO.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ASGO.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ASGO.F's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ASGO.F's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ASGO.F?

Key metric: As ASGO.F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ASGO.F. This is calculated by dividing ASGO.F's market cap by their current revenue.
What is ASGO.F's PS Ratio?
PS Ratio0.9x
SalesUS$445.21m
Market CapUS$414.15m

Price to Sales Ratio vs Peers

How does ASGO.F's PS Ratio compare to its peers?

The above table shows the PS ratio for ASGO.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average8.6x
GROY Gold Royalty
28.3x35.9%US$221.5m
MUX McEwen Mining
2.2x18.4%US$427.6m
CMCL Caledonia Mining
1.3x1.8%US$215.0m
DRD DRDGOLD
2.4xn/aUS$823.6m
ASGO.F Asante Gold
0.9xn/aUS$580.4m

Price-To-Sales vs Peers: ASGO.F is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (8.6x).

Price to Sales Ratio vs Industry

How does ASGO.F's PS Ratio compare vs other companies in the US Metals and Mining Industry?

24 CompaniesPrice / SalesEstimated GrowthMarket Cap
TX Ternium
0.4x2.8%US$6.71b
CLF Cleveland-Cliffs
0.3x3.5%US$5.89b
ARNC Arconic
0.4x5.8%US$3.01b
CSTM Constellium
0.2x9.3%US$1.71b
ASGO.F 0.9xIndustry Avg. 1.3xNo. of Companies24PS01.63.24.86.48+
24 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: ASGO.F is good value based on its Price-To-Sales Ratio (0.9x) compared to the US Metals and Mining industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

What is ASGO.F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ASGO.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ASGO.F's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ASGO.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$2.10
0%
11.1%US$2.33US$1.86n/a2
Nov ’25US$0.97
US$2.10
+115.4%
11.1%US$2.33US$1.86n/a2
Oct ’25US$1.08
US$2.15
+99.3%
11.1%US$2.39US$1.91n/a2
Sep ’25US$0.93
US$2.14
+129.9%
11.1%US$2.38US$1.90n/a2
Aug ’25US$0.79
US$2.14
+171.9%
11.1%US$2.38US$1.90n/a2
Jul ’25US$0.78
US$2.14
+173.9%
11.1%US$2.38US$1.90n/a2
Jun ’25US$0.91
US$2.14
+134.5%
11.1%US$2.38US$1.90n/a2
May ’25US$0.88
US$2.14
+143.7%
11.1%US$2.38US$1.90n/a2
Jun ’24n/a
US$1.77
0%
8.3%US$1.92US$1.63US$0.912
May ’24US$1.55
US$1.77
+14.4%
8.3%US$1.92US$1.63US$0.882
Apr ’24n/a
US$2.06
0%
7.1%US$2.21US$1.92US$0.952
Jan ’24US$1.03
US$1.90
+84.9%
2.0%US$1.93US$1.86US$1.072
Dec ’23US$0.87
US$1.90
+117.9%
2.0%US$1.93US$1.86US$1.212

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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