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Asante Gold Corporation (TSE:ASE)
:ASE
ASE Stock Chart & Stats
C$2.33
-C$0.02(-1.96%)
At close: 4:00 PM EST
C$2.33
-C$0.02(-1.96%)
Day’s Range― - ―
52-Week RangeC$1.00 - C$2.62
Previous CloseN/A
Volume5.10K
Average Volume (3M)1.11M
Market Cap
C$1.16B
Enterprise ValueC$903.50M
Total Cash (Recent Filing)C$119.03M
Total Debt (Recent Filing)C$424.42M
Price to Earnings (P/E)―
Beta0.71
Next Earnings
May 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.42
Shares Outstanding790,207,760
10 Day Avg. Volume1,028,488
30 Day Avg. Volume1,112,527
Financial Highlights & Ratios
PEG Ratio0.21
Price to Book (P/B)27.69
Price to Sales (P/S)1.07
P/FCF Ratio13.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.25
Revenue Forecast (FY)C$1.13B
Bulls Say, Bears Say
Bulls Say
Revenue GrowthSustained TTM revenue growth of ~14% signals expanding production or sales capacity, which supports longer-term recovery potential. If costs are controlled, rising top-line volume provides a durable lever to restore margins and improve cash generation over months.
Positive EBITDA In FY2025A reported positive EBITDA in FY2025 implies the core mining operations can generate operating cash flow before non-cash and financing items. This indicates underlying operating economics that, with consistent cost control and stable production, could sustain operations and support deleveraging.
Operating Mining & Processing AssetsOwning and operating mining and processing infrastructure in Ghana creates a durable asset base and direct control of the production chain. That structural capability supports ongoing revenue generation and provides opportunities to optimize unit costs and scale output over the medium term.
Bears Say
Severe UnprofitabilityNegative gross profit and persistent large net losses indicate unit economics are currently unfavorable. Continued unprofitability erodes equity and restricts reinvestment, making it difficult to fund operations or improve competitiveness without sustained margin recovery or external funding.
Escalated LeverageA debt-to-equity ratio near 8.2x represents a material increase in financial leverage and reduces flexibility. High debt amplifies refinancing and interest-rate risks, increases default and dilution probability, and constrains capital allocation decisions in a cyclical commodity environment.
Negative Operating & Free Cash FlowMaterial deterioration to negative operating and deeply negative free cash flow suggests ongoing cash burn or heavy capex. Persistent negative cash generation forces reliance on external financing or dilution, impairing the company's ability to sustain operations and invest in improvements.
Asante Gold News
ASE FAQ
What was Asante Gold Corporation’s price range in the past 12 months?
Asante Gold Corporation lowest stock price was C$1.00 and its highest was C$2.62 in the past 12 months.
What is Asante Gold Corporation’s market cap?
Asante Gold Corporation’s market cap is C$1.16B.
When is Asante Gold Corporation’s upcoming earnings report date?
Asante Gold Corporation’s upcoming earnings report date is May 28, 2026 which is in 75 days.
How were Asante Gold Corporation’s earnings last quarter?
Asante Gold Corporation released its earnings results on Dec 11, 2025. The company reported -C$0.42 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.42.
Is Asante Gold Corporation overvalued?
According to Wall Street analysts Asante Gold Corporation’s price is currently Overvalued.
Does Asante Gold Corporation pay dividends?
Asante Gold Corporation does not currently pay dividends.
What is Asante Gold Corporation’s EPS estimate?
Asante Gold Corporation’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Asante Gold Corporation have?
Asante Gold Corporation has 790,207,760 shares outstanding.
What happened to Asante Gold Corporation’s price movement after its last earnings report?
Asante Gold Corporation reported an EPS of -C$0.42 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5.581%.
Which hedge fund is a major shareholder of Asante Gold Corporation?
Currently, no hedge funds are holding shares in TSE:ASE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Asante Gold Stock Smart Score
Neutral
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Insider Transactions
Bought Shares
Worth C$31.0M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
62.14%
12-Months-Change
Fundamentals
Return on Equity
-9999.00%
Trailing 12-Months
Asset Growth
32.65%
Trailing 12-Months
Company Description
Asante Gold Corporation
Asante Gold Corporation (ASE) is a Canadian-based gold exploration and development company focused on advancing gold projects in Ghana, one of Africa's leading gold-producing countries. The company is committed to creating sustainable value through its core assets, which include the Kubi Gold Mine and the Bibiani Gold Mine, both of which are strategically located in proximity to existing infrastructure and historical mining operations.
Technical Analysis
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Options Prices
Currently, No data available
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