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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$0.62 - C$2.62
Previous CloseN/A
Volume5.10K
Average Volume (3M)1.11M
Market Cap
C$903.10M
Enterprise ValueC$1.41K
Total Cash (Recent Filing)C$67.19M
Total Debt (Recent Filing)C$334.71M
Price to Earnings (P/E)―
Beta1.88
Next Earnings
Sep 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.57
Shares Outstanding903,104,000
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
TTM Revenue GrowthSustained top-line growth (~+26.8% TTM) reflects improving production or sales execution and creates a larger operating base. Over 2-6 months this momentum can help absorb fixed costs, improve unit economics if maintained, and strengthen negotiating leverage with contractors and buyers.
Positive EBITDAPositive EBITDA indicates the core mining operations generate operating cash profit before non-cash and financing items. This provides a durable buffer to support near-term capex and debt servicing, and is a more stable indicator of operating viability than net income distorted by non-cash charges.
Asset-backed Production ModelAs an asset-backed gold producer, revenue is tied to physical ounces sold and expandable processing throughput. This business model provides tangible collateral for financing, predictable production drivers if mines perform, and operating scale (1,452 employees) that supports sustained production and resource conversion efforts.
Bears Say
Negative ProfitabilityDeep net losses and negative gross profit indicate costs and charges overwhelm revenue. Persisting at this scale will erode equity, reduce reinvestment capacity, and force reliance on external funding. Without sustained margin recovery, long-term viability and ability to build reserves is impaired.
Fragile Balance SheetAn exceptionally thin equity base versus large debt creates high leverage and refinancing risk. This structural weakness raises cost of capital, increases vulnerability to commodity or operational shocks, and heightens dilution risk if equity raises are required to fund operations or expansions.
Negative Operating And Free Cash FlowDeteriorating cash generation means the company is not self-funding operations or investment. Persistent cash burn forces dependence on external financing, which can delay projects, increase financing costs, and heighten execution risk during funding gaps — a material constraint on growth plans.
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$0.62 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$903.10M.
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 29 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 903,104,000 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, a mineral exploration and gold production company, primarily involved in the assessment, acquisition, development, and operation of mines in the Republic of Ghana. It explores gold deposits. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.