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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$2.51
Previous CloseN/A
Volume5.10K
Average Volume (3M)1.15M
Market Cap
C$669.37M
Enterprise ValueC$1.13B
Total Cash (Recent Filing)C$61.23M
Total Debt (Recent Filing)C$341.10M
Price to Earnings (P/E)―
Beta1.84
Next Earnings
Dec 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.58
Shares Outstanding904,549,200
10 Day Avg. Volume270,893
30 Day Avg. Volume1,154,722
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
Revenue GrowthTTM revenue growth of 16.953% indicates expansion in sales at the operating level, providing a stronger base for future production economics. If maintained, this scale can help spread fixed operating costs and improve the potential to convert mining activity into sustainable earnings.
Positive EBITDAPositive TTM EBITDA, together with improvement from earlier loss years, shows that operations have generated earnings before interest, taxes, depreciation, and amortization. This is an encouraging operating foundation, although substantial work remains before profitability reaches the bottom line.
Integrated Gold OperationsAsante’s integrated scope across resource definition, mine development, mining, processing, and gold sales gives it multiple operating levers for building production. Exploration and technical work can support future resource growth, while existing mining activity provides a direct route to revenue.
Bears Say
Persistent UnprofitabilityNegative gross profit and a deeply negative net margin show that current revenue is not covering the full cost base or producing sustainable earnings. This weak profitability limits internally generated capital, makes performance more sensitive to operating improvements, and increases execution pressure.
Elevated LeverageDebt of roughly 3.5 times equity represents a materially leveraged balance sheet and leaves less financial flexibility if operating results remain weak. Higher leverage can constrain investment choices, increase financial risk, and make recovery more dependent on improved mine performance.
Negative Cash GenerationNegative operating cash flow and deeply negative free cash flow indicate that the business is currently consuming cash rather than funding itself internally. The unfavorable recent trajectory points to meaningful funding needs and reduces flexibility to finance exploration, development, or operations.
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$2.51 in the past 12 months.
What is Asante Gold Corporation’s market cap?
Asante Gold Corporation’s market cap is C$669.37M.
When is Asante Gold Corporation’s upcoming earnings report date?
Asante Gold Corporation’s upcoming earnings report date is Dec 11, 2026 which is in 53 days.
How were Asante Gold Corporation’s earnings last quarter?
Asante Gold Corporation released its earnings results on Aug 17, 2026. The company reported -C$0.042 earnings per share for the quarter.
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 904,549,200 shares outstanding.
What happened to Asante Gold Corporation’s price movement after its last earnings report?
Asante Gold Corporation reported an EPS of -C$0.042 in its last earnings report. Following the earnings report the stock price went down -0.935%.
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
Underperform
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-70.63%
12-Months-Change
Fundamentals
Return on Equity
-485.87%
Trailing 12-Months
Asset Growth
―
Trailing 12-Months
Learn more about TipRanks 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.