Asante Gold Corporation (TSE:ASE)
:ASE
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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$979.86M
Enterprise ValueC$841.99M
Total Cash (Recent Filing)C$47.14M
Total Debt (Recent Filing)C$333.02M
Price to Earnings (P/E)―
Beta1.32
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 Ratio-0.01
Price to Book (P/B)316.49
Price to Sales (P/S)1.87
P/FCF Ratio-2.82
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)0.47
Revenue Forecast (FY)C$1.90B
Bulls Say, Bears Say
Bulls Say
Commodity-backed Business ModelA pure-play gold production model provides a durable revenue engine tied to physical output rather than transient product cycles. Stable operating assets and ongoing mining activity support predictable production capacity and long-term cash generation potential as operations scale or optimize.
Underlying Operational EBITDAReported positive EBITDA indicates the core mining operations can be cash-generative before non-cash charges and financing items. That operational profitability is a durable foundation for recovery if management stabilizes non-operating expenses, enabling reinvestment and debt servicing over coming quarters.
Intermittent Cash Generation & Revenue GrowthHistorical episodes of positive operating and free cash flow, along with reported revenue growth in prior periods, show the business can generate internal funding when operations and costs align. This demonstrates structural capacity to self-fund portions of capex or deleveraging if performance normalizes.
Bears Say
Elevated Leverage / Thin EquityA heavily leveraged balance sheet with minimal equity reduces financial flexibility and increases refinancing and covenant risk. Over a 2–6 month horizon this constrains investment, heightens default or dilution risk if capital is required, and limits the company's ability to absorb shocks or pursue growth.
Recent Negative Operating & Free Cash FlowThe shift to negative operating and deeply negative free cash flow implies the company must rely on external financing to fund operations and capex. This creates persistent funding risk, potential dilution, and limited runway absent sustained operational improvement or new capital injections.
Weak Profitability And Revenue CollapseNegative gross profit and EBIT alongside a large net loss and a material revenue decline suggest core operations struggled and margins are not sustainable. Reversing such a structural deterioration requires operational fixes, cost reduction, or higher output to restore fundamental profitability.
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$979.86M.
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 30 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
Underperform
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10
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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