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Asante Gold (ASGOF) Stock Price & Analysis

2 Followers

ASGOF Stock Chart & Stats

$0.43-$0.03(-7.16%)
At close: 4:00 PM EST
$0.4$0.6$0.8Aug 17Aug 31Sep 15Sep 28Oct 12Oct 26Nov 9
Day’s Range
$0.43 - $0.44
52-Week Range
$0.43 - $1.67
Previous Close
$0.46
Volume
N/A
Average Volume (3M)
34.88K
Market Cap
$399.80M
Enterprise Value
$1.13B
Total Cash (Recent Filing)
$61.23M
Total Debt (Recent Filing)
$341.10M
Price to Earnings (P/E)
―
Beta
1.40
Next Earnings
Dec 11, 2026 (Est.)
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Revenue Growth

Strong TTM revenue growth indicates improving sales scale and market activity. If sustained, higher production and sales can spread fixed operating costs, support investment in mine development, and provide a foundation for better earnings conversion over the next several quarters.

Positive EBITDA

Positive and improving EBITDA shows that operations are generating earnings before financing, tax, and non-cash charges despite overall losses. This provides evidence of underlying operating progress and creates a possible base for future profitability if margins continue to recover.

Integrated Gold Operating Model

The company operates across exploration, development, production, processing, and gold sales, giving it control across multiple stages of the mining lifecycle. This integrated model can support resource growth, production expansion, and operational continuity as projects mature.

Bears Say

Unsustainable Profitability

Negative gross profit and a deeply negative net margin show that current revenue is not covering the full cost of operations and the broader expense base. This weak earnings conversion limits internally funded growth and makes a durable return to profitability dependent on substantial improvement.

Elevated Leverage

Debt equal to roughly 2.65 times equity leaves the company with limited balance-sheet flexibility while losses remain significant. Elevated leverage can increase financing pressure, restrict capital allocation, and make it harder to fund exploration or operational expansion without additional financial support.

Negative Cash Generation

Negative operating cash flow and deeply negative free cash flow indicate that the business is consuming cash rather than funding itself internally. Persistent cash use increases liquidity and funding needs, potentially constraining mine investment and weakening resilience if operating improvements take longer.

Asante Gold News

ASGOF FAQ

What was Asante Gold’s price range in the past 12 months?
Asante Gold lowest stock price was $0.43 and its highest was $1.67 in the past 12 months.
What is Asante Gold’s market cap?
Asante Gold’s market cap is $399.80M.
When is Asante Gold’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Asante Gold’s earnings last quarter?
Asante Gold released its earnings results on Aug 17, 2026. The company reported -$0.029 earnings per share for the quarter.
Is Asante Gold overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Asante Gold pay dividends?
Asante Gold does not currently pay dividends.
What is Asante Gold’s EPS estimate?
Asante Gold’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Asante Gold have?
Asante Gold has 904,549,200 shares outstanding.
What happened to Asante Gold’s price movement after its last earnings report?
Asante Gold reported an EPS of -$0.029 in its last earnings report. Following the earnings report the stock price went up 4.394%.
Which hedge fund is a major shareholder of Asante Gold?
Currently, no hedge funds are holding shares in ASGOF
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