tiprankstipranks
Asante Gold Corporation (DE:1A9)
FRANKFURT:1A9

Asante Gold (1A9) Price & Analysis

3 Followers

1A9 Stock Chart & Stats

€1.50
-€0.02(-2.90%)
At close: 4:00 PM EST
€1.50
-€0.02(-2.90%)

Bulls Say, Bears Say

Bulls Say
Revenue Growth MomentumRevenue growth of ~26.8% shows improving top-line momentum and market traction for produced ounces. If management sustains volumes and controls costs, higher revenue provides a durable foundation to fund exploration and capex, improve operating leverage, and reduce dependence on external financing over the medium term.
Positive EBITDAPositive TTM EBITDA indicates core mining operations generate earnings before non-cash and financing items. This suggests the operating business can cover mining costs and contribute to reinvestment, offering a more stable earnings base than headline net losses imply, provided capex and financing are managed prudently.
Operating Asset Base & Development FocusAsante owns and operates producing assets in Ghana and pursues development and exploration to extend mine life. Owning operating infrastructure and active resource development reduces execution risk versus pure explorers and provides structural optionality to increase production and sustain revenue over multiple years if projects succeed.
Bears Say
High Leverage And Thin EquityThe balance sheet shows exceptionally high debt versus very thin equity, creating a fragile capital structure. High leverage raises refinancing and interest risks, constrains strategic flexibility, increases cost of capital, and makes dilutive equity raises more likely during commodity downturns, stressing long-term solvency.
Negative Operating And Free Cash FlowTTM operating and free cash flow are negative, meaning the company cannot self-fund ongoing operations or investment. Persistent cash burn forces reliance on external financing or asset sales, heightening execution risk for expansions, increasing likelihood of dilution, and creating ongoing liquidity pressure.
Weak Profitability And Negative Gross ProfitNegative gross profit and a net margin near -69% indicate production costs and other charges exceed revenue. Sustained unprofitable operations erode equity, impair the ability to reinvest, and make cash generation highly dependent on either cost reductions or higher realized gold prices to restore durable profitability.

Asante Gold News

1A9 FAQ

What was Asante Gold Corporation’s price range in the past 12 months?
Asante Gold Corporation lowest stock price was €0.45 and its highest was €1.58 in the past 12 months.
    What is Asante Gold Corporation’s market cap?
    Asante Gold Corporation’s market cap is €472.92M.
      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 82 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. Get more investment ideas with TipRanks Premium
          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 DE:1A9
            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

              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.

              Asante Gold (1A9) Earnings & Revenues

              Similar Stocks
              Company
              Price & Change
              Follow
              Elemental Royalties
              Orezone Gold
              Heliostar Metals
              Osisko Development

              Options Prices

              Currently, No data available
              ---
              Popular Stocks