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$965.41M
Enterprise ValueC$722.97M
Total Cash (Recent Filing)C$67.19M
Total Debt (Recent Filing)C$334.71M
Price to Earnings (P/E)―
Beta1.35
Next Earnings
Sep 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.57
Shares Outstanding902,254,000
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
Strong TTM Revenue Growth (~+26.8%)Sustained top-line growth near +27% TTM reflects improving production or sales execution. Over 2–6 months this revenue momentum can help absorb fixed costs, support operating scale efficiencies, and improve negotiating leverage with service providers and offtakers if costs are managed.
Positive TTM EBITDAPositive EBITDA indicates core mining operations generate cash before non-cash items and interest. That underlying operating cash generation is a durable signal that with better cost control or lower non-cash charges the business can move toward sustained operating profitability and reduce reliance on financing.
Integrated Production And Processing Of Refined GoldOwning mining and processing capability creates vertical control over product quality, recovery and timing of sales. This stable, asset-backed business model ties revenues to physical gold production, supports operational continuity in Ghana, and provides a durable cash-generation pathway when production and cost structures stabilize.
Bears Say
Negative Gross Profit And Large Net Loss (~-69% Margin)Deep negative gross profit and an approximately -69% net margin show that costs and charges materially exceed revenue. Persisting at this level erodes retained earnings and undermines long-term profitability prospects, making sustained recovery dependent on material cost reductions or higher stable production.
Fragile Balance Sheet: High Leverage And Thin EquityAn exceptionally high debt-to-equity profile leaves little buffer against commodity or operational shocks and increases refinancing vulnerability. Over months this restricts strategic flexibility, raises funding costs, and elevates the risk of dilutive capital raises if operational performance does not improve.
Negative Operating And Free Cash Flow (TTM)Deep negative operating and free cash flow indicate the business is burning cash to run and invest. This creates near-term funding needs for working capital and capex, increases execution and project-completion risk, and makes future growth contingent on external financing or rapid operational improvement.
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$965.41M.
When is Asante Gold Corporation’s upcoming earnings report date?
Asante Gold Corporation’s upcoming earnings report date is Sep 11, 2026 which is in 114 days.
How were Asante Gold Corporation’s earnings last quarter?
Currently, no data Available
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 902,254,000 shares outstanding.
What happened to Asante Gold Corporation’s price movement after its last earnings report?
Currently, no data Available
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
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
Options Prices
Currently, No data available
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