Asante Gold Corporation (TSE:ASE)
:ASE
Want to see TSE:ASE full AI Analyst Report?
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$0.77 - C$2.62
Previous CloseN/A
Volume5.10K
Average Volume (3M)1.11M
Market Cap
C$748.87M
Enterprise ValueC$735.10M
Total Cash (Recent Filing)C$67.19M
Total Debt (Recent Filing)C$334.71M
Price to Earnings (P/E)―
Beta1.41
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
Sustained Top-line MomentumMeaningful TTM revenue growth (~+26.8%) indicates expanding production or higher realized ounces sold. Over a 2-6 month horizon this top-line momentum supports operational scale, provides runway for margin recovery if costs are controlled, and improves visibility for lenders and partners.
Positive Underlying EBITDAPositive TTM EBITDA suggests the core mining operations generate cash before capex and financing. This operating profitability (pre-investment) can sustain near-term operations, support debt-servicing prospects, and form the basis for targeted cost or efficiency programs to reach net profitability.
Asset Base And Growth PipelineA business model centered on operating assets plus active exploration provides a structural path to increase recoverable reserves and extend mine life. Successful resource conversion and staged expansions can raise production capacity and improve long-term revenue durability independent of short-term price moves.
Bears Say
High Leverage; Thin EquityAn exceptionally high debt-to-equity position leaves the company exposed to refinancing, covenant and interest-rate risk. Thin equity reduces financial flexibility, increases likelihood of dilution or costly financing, and elevates the probability that operational setbacks force creditor-driven restructurings.
Negative Operating And Free Cash FlowSustained negative operating and free cash flow means the business cannot self-fund operations or required investment. Over months this creates execution risk for expansions, forces reliance on external capital, and magnifies vulnerability to market or commodity shocks when liquidity is constrained.
Negative Gross Profit; Large Net LossNegative gross profit and a ~-69% net margin reflect costs and charges materially exceeding revenue. This weak profitability undermines capital formation, limits reinvestment ability, and makes achieving sustainable returns difficult without structural cost reductions or materially higher output and pricing.
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$0.77 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$748.87M.
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 93 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 operates as a mineral exploration firm, focusing on the acquisition, assessment, and development of resource properties exclusively within the Republic of Ghana. The company maintains complete ownership (100%) of the Fahiakoba concession, which is situated across Ghana's Ashanti and Central regions, and holds a substantial 90% stake in the Bibiani gold mine, located in the western part of the country. Furthermore, Asante Gold possesses an option to acquire a 100% interest in the Betenase permit in Ghana, a 90% interest in the Kubi Mining lease in southwest Ghana, and full (100%) ownership of the Keyhole Gold project. Established in 2011, the corporation is headquartered in Vancouver, Canada.
Technical Analysis
Options Prices
Currently, No data available
---