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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$0.99 - C$2.62
Previous CloseN/A
Volume5.10K
Average Volume (3M)1.11M
Market Cap
C$1.37B
Enterprise ValueC$1.03B
Total Cash (Recent Filing)C$119.03M
Total Debt (Recent Filing)C$424.42M
Price to Earnings (P/E)―
Beta0.47
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)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strategic Ghana AssetsOwning Kubi and Bibiani near existing infrastructure and historical mining reduces infrastructure build needs, permits faster project advancement and lower execution risk. This structural advantage can improve capital efficiency and shorten time to potential production if development proceeds.
Revenue Growth TrendPositive TTM revenue growth indicates underlying project advancement or sales momentum in core operations. Sustained revenue increases can validate project progress, support operating scale-up, and provide a foundation for improving margins if costs are controlled over the medium term.
Operational Scale (workforce)A workforce of over 1,300 implies in-house execution capability to manage exploration, development and multi-site operations. This institutional capacity reduces reliance on third-party contractors, preserves project knowledge and supports sustained operational continuity during development phases.
Bears Say
Escalated LeverageVery high leverage sharply reduces financial flexibility and raises refinancing and covenant risk. With a small equity base and large relative debt, the company faces heightened insolvency and dilution risk if operating performance or commodity prices deteriorate, worsening long-term resilience.
Negative Cash GenerationA swing to negative operating and free cash flow signals heavy cash burn and/or elevated capex needs, creating a durable funding gap. Persistent negative cash generation forces dependence on external financing or asset sales, increasing dilution risk and potentially delaying project development.
Severe Profitability WeaknessDeep operating losses and negative gross profit indicate current operations are not economically viable at scale. Sustained negative margins erode equity, hamper reinvestment capacity and deter partners or lenders, making long-term project execution contingent on substantial operational or commodity-price 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$0.99 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$1.37B.
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 96 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
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
62.14%
12-Months-Change
Fundamentals
Return on Equity
-1186.80%
Trailing 12-Months
Asset Growth
7.07%
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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