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Asante Gold
(ASE)
Asante Gold (ASE) vs. iShares MSCI Canada ETF (EWC)
Asante Gold Business Overview & Revenue Model
Asante Gold Financial Statement Overview
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Asante Gold Technical Analysis
Asante Gold Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | ― | ― | ― | ― | ― | ― | |
73 Outperform | C$1.50B | 12.95 | 22.92% | ― | 34.05% | 80.47% | |
72 Outperform | C$733.82M | 8.50 | ― | ― | ― | ― | |
68 Neutral | C$1.94B | 103.26 | 2.92% | ― | 131.18% | 150.47% | |
52 Neutral | C$1.48B | -12.70 | -25.39% | ― | 29.47% | 1.53% | |
49 Neutral | C$1.17B | -2.96 | -46.07% | ― | -1.73% | 37.26% | |
43 Neutral | C$1.47B | -2.81 | -1186.80% | ― | 8.01% | -816.99% |
Asante Gold Corporate Events
Asante Gold Corporation has closed a non-brokered private placement, issuing 8,625,000 common shares at C$1.60 each to raise gross proceeds of C$13.8 million. The funds are earmarked for continued development and growth spending at the Bibiani and Chirano mines and for general working capital, bolstering Asante’s ability to advance its Ghanaian operations. The shares are subject to a four-month hold period ending May 31, 2026, and the financing remains contingent on final approval from the TSX Venture Exchange; the transaction also qualifies as a related party deal under Canadian securities rules but falls within exemptions that remove the need for a formal valuation or minority shareholder vote.
The most recent analyst rating on (TSE:ASE) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Asante Gold stock, see the TSE:ASE Stock Forecast page.
Asante Gold has closed a C$179.4 million bought deal private placement, issuing 112.1 million common shares at C$1.60 each, with net proceeds earmarked primarily for development and growth expenditures at its Bibiani and Chirano mines as well as general working capital. The company has also activated a US$30 million accordion feature under its senior term loan facility, increasing total lender commitments to US$150 million, and expects to complete an additional C$13.8 million non-brokered placement to its executive chairman, moves that collectively strengthen its balance sheet and provide substantial funding to advance its Ghanaian operations, subject to final TSX Venture Exchange acceptance and customary securities law restrictions.
The most recent analyst rating on (TSE:ASE) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Asante Gold stock, see the TSE:ASE Stock Forecast page.
Asante Gold Corporation has announced a significant financial maneuver involving a C$125 million bought deal private placement and a C$13.8 million non-brokered private placement. These funds are intended to support development and growth expenditures at the Bibiani and Chirano mines, as well as general working capital. The initiatives are expected to enhance Asante Gold’s operational capabilities and strengthen its position in the gold mining sector.
The most recent analyst rating on (TSE:ASE) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Asante Gold stock, see the TSE:ASE Stock Forecast page.
Asante Gold Corporation has announced an increase in its previously announced bought deal private placement to C$156 million, with BMO Capital Markets acting as the lead underwriter. The proceeds from this offering, along with a non-brokered private placement agreement with Executive Chairman Malik Easah, will be used for the development and growth of the Bibiani and Chirano mines, as well as for general working capital purposes. These financial maneuvers are expected to bolster Asante Gold’s operational capabilities and market position, with implications for stakeholders including regulatory approvals and compliance with Canadian securities laws.
The most recent analyst rating on (TSE:ASE) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Asante Gold stock, see the TSE:ASE Stock Forecast page.
Asante Gold Corporation reported its financial and operational results for the quarter ended October 31, 2025, highlighting challenges in equipment mobilization at its Bibiani and Chirano mines, which affected gold production. Despite these setbacks, the company has implemented initiatives expected to boost production in the following quarter, including improved equipment availability and the commencement of an oxygen plant at Bibiani, which has significantly increased gold recovery rates.
The most recent analyst rating on (TSE:ASE) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Asante Gold stock, see the TSE:ASE Stock Forecast page.
Asante Gold Corporation reported its financial and operational results for the quarter ending October 31, 2025, highlighting challenges in equipment mobilization and gold production at its Bibiani and Chirano mines. Despite these setbacks, the company has initiated measures to improve gold production, including the full mobilization of contractors and the commencement of an oxygen plant at Bibiani, which has significantly increased gold recovery rates. The company also announced a change in its fiscal year-end to enhance comparability with peer companies, affecting the reporting of its financial results.
The most recent analyst rating on (TSE:ASE) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Asante Gold stock, see the TSE:ASE Stock Forecast page.
Asante Gold Corporation announced the successful ramp-up of its new sulphide treatment plant at the Bibiani Gold Mine in Ghana, achieving continuous 24-hour operation and significant improvements in gold recovery. The plant’s optimization is advancing towards a target of approximately 92% gold recovery, with the recent addition of an oxygen plant enhancing process efficiency. This development is expected to lead to increased gold production and reduced unit costs, marking a pivotal step in the growth profile of Bibiani.
The most recent analyst rating on (TSE:ASE) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Asante Gold stock, see the TSE:ASE Stock Forecast page.
Asante Gold Corporation has announced its intention to dual list its securities on the Australian Securities Exchange (ASX) by early 2026. This strategic move aims to broaden Asante’s shareholder base and enhance trading liquidity by tapping into the Australian market, known for its mining-sector expertise. The company is working with Australian advisors to prepare the necessary listing materials and has already filed a Suitability Application with the ASX. This dual listing is expected to increase Asante’s visibility among Australian and Asia-Pacific investors and align it with peer African and global gold producers.
The most recent analyst rating on (TSE:ASE) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Asante Gold stock, see the TSE:ASE Stock Forecast page.