Asante Gold Corporation Logo

Asante Gold Corporation

ASGOF

(1.0)
Stock Price

0,77 USD

-7.21% ROA

-458.95% ROE

-13.2x PER

Market Cap.

650.883.545,69 USD

-512.19% DER

0% Yield

-4.48% NPM

Asante Gold Corporation Stock Analysis

Asante Gold Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Asante Gold Corporation Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

2 DER

The stock maintains a fair debt to equity ratio (63%), indicating a reasonable balance between the money it owes and the ownership it possesses.

3 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

4 ROE

Negative ROE (-166.6%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-22.36%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 PBV

The stock's elevated P/BV ratio (7.88x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

7 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-14) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Asante Gold Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Asante Gold Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Asante Gold Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Asante Gold Corporation Revenue
Year Revenue Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 465.102.616 100%
2023 274.729.000 -69.3%
2024 527.480.000 47.92%
2024 575.183.000 8.29%
2025 453.988.000 -26.7%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Asante Gold Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%
2024 0 0%
2025 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Asante Gold Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2012 1.159.785
2013 923.982 -25.52%
2014 694.291 -33.08%
2015 635.663 -9.22%
2016 732.643 13.24%
2017 1.289.643 43.19%
2018 907.538 -42.1%
2019 548.223 -65.54%
2020 455.416 -20.38%
2021 618.920 26.42%
2022 7.478.000 91.72%
2023 42.357.128 82.35%
2023 47.340.000 10.53%
2024 21.384.000 -121.38%
2024 41.396.000 48.34%
2025 48.696.000 14.99%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Asante Gold Corporation EBITDA
Year EBITDA Growth
2012 -1.239.961
2013 -1.178.954 -5.17%
2014 -787.668 -49.68%
2015 -659.325 -19.47%
2016 -850.190 22.45%
2017 -1.421.460 40.19%
2018 -974.440 -45.87%
2019 -591.160 -64.84%
2020 -539.940 -9.49%
2021 -663.010 18.56%
2022 -8.190.740 91.91%
2023 -98.554.508 91.69%
2023 -53.528.000 -84.12%
2024 -118.584.000 54.86%
2024 -21.559.000 -450.04%
2025 66.848.000 132.25%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Asante Gold Corporation Gross Profit
Year Gross Profit Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 -951 100%
2017 -878 -8.31%
2018 -225 -290.22%
2019 0 0%
2020 0 0%
2021 0 0%
2022 -1.171.894 100%
2023 -148.312.876 99.21%
2023 -116.622.000 -27.17%
2024 -203.316.000 42.64%
2024 -157.535.000 -29.06%
2025 -13.620.000 -1056.64%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Asante Gold Corporation Net Profit
Year Net Profit Growth
2012 -1.241.156
2013 -1.193.430 -4%
2014 -790.218 -51.03%
2015 -711.470 -11.07%
2016 -852.863 16.58%
2017 -896.127 4.83%
2018 -665.892 -34.58%
2019 -589.720 -12.92%
2020 -501.401 -17.61%
2021 -673.168 25.52%
2022 -8.477.870 92.06%
2023 -270.774.796 96.87%
2023 -177.134.000 -52.86%
2024 -272.640.000 35.03%
2024 -132.150.000 -106.31%
2025 -84.532.000 -56.33%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Asante Gold Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 -1 0%
2023 -1 0%
2024 -1 0%
2024 0 0%
2025 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Asante Gold Corporation Free Cashflow
Year Free Cashflow Growth
2012 -1.031.273
2013 -2.838.784 63.67%
2014 -692.607 -309.87%
2015 -254.703 -171.93%
2016 -672.120 62.1%
2017 -631.543 -6.43%
2018 -1.083.468 41.71%
2019 -173.837 -523.27%
2020 -293.206 40.71%
2021 -1.553.955 81.13%
2022 -33.932.540 95.42%
2023 25.570.000 232.7%
2023 -16.059.243 259.22%
2024 -42.584.001 62.29%
2024 -23.357.000 -82.32%
2025 14.146.000 265.11%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Asante Gold Corporation Operating Cashflow
Year Operating Cashflow Growth
2012 -746.144
2013 -1.124.276 33.63%
2014 -379.134 -196.54%
2015 -175.704 -115.78%
2016 -399.048 55.97%
2017 -278.145 -43.47%
2018 -331.769 16.16%
2019 -75.063 -341.99%
2020 -93.915 20.07%
2021 -756.049 87.58%
2022 -2.265.845 66.63%
2023 245.892.000 100.92%
2023 -20.687.810 1288.58%
2024 65.203.999 131.73%
2024 4.143.000 -1473.84%
2025 26.776.000 84.53%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Asante Gold Corporation Capital Expenditure
Year Capital Expenditure Growth
2012 285.129
2013 1.714.508 83.37%
2014 313.473 -446.94%
2015 78.999 -296.81%
2016 273.072 71.07%
2017 353.398 22.73%
2018 751.699 52.99%
2019 98.774 -661.03%
2020 199.291 50.44%
2021 797.906 75.02%
2022 31.666.695 97.48%
2023 220.322.000 85.63%
2023 -4.628.567 4860.05%
2024 107.788.000 104.29%
2024 27.500.000 -291.96%
2025 12.630.000 -117.74%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Asante Gold Corporation Equity
Year Equity Growth
2012 1.134.904
2013 2.122.295 46.52%
2014 1.832.123 -15.84%
2015 1.495.035 -22.55%
2016 1.037.045 -44.16%
2017 1.499.228 30.83%
2018 2.469.313 39.29%
2019 2.232.438 -10.61%
2020 2.186.396 -2.11%
2021 3.529.016 38.05%
2022 93.835.991 96.24%
2023 132.611.000 29.24%
2023 238.228.724 44.33%
2024 81.068.000 -193.86%
2024 56.969.000 -42.3%
2025 7.538.000 -655.76%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Asante Gold Corporation Assets
Year Assets Growth
2012 1.206.408
2013 2.351.352 48.69%
2014 2.842.120 17.27%
2015 3.372.770 15.73%
2016 4.162.039 18.96%
2017 4.160.150 -0.05%
2018 4.840.252 14.05%
2019 5.261.563 8.01%
2020 5.514.954 4.59%
2021 6.316.364 12.69%
2022 226.851.799 97.22%
2023 977.632.000 76.8%
2023 946.550.326 -3.28%
2024 1.000.768.000 5.42%
2024 915.639.000 -9.3%
2025 684.256.000 -33.82%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Asante Gold Corporation Liabilities
Year Liabilities Growth
2012 71.504
2013 229.057 68.78%
2014 1.009.997 77.32%
2015 1.877.735 46.21%
2016 3.124.993 39.91%
2017 2.660.922 -17.44%
2018 2.370.939 -12.23%
2019 3.029.125 21.73%
2020 3.328.558 9%
2021 2.787.348 -19.42%
2022 133.015.808 97.9%
2023 845.021.000 84.26%
2023 708.321.602 -19.3%
2024 889.417.000 20.36%
2024 858.670.000 -3.58%
2025 676.718.000 -26.89%

Asante Gold Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.29
Net Income per Share
-0.11
Price to Earning Ratio
-13.2x
Price To Sales Ratio
1.13x
POCF Ratio
5.46
PFCF Ratio
31.99
Price to Book Ratio
-58.78
EV to Sales
1.18
EV Over EBITDA
12.64
EV to Operating CashFlow
5.73
EV to FreeCashFlow
33.55
Earnings Yield
-0.08
FreeCashFlow Yield
0.03
Market Cap
0,65 Bil.
Enterprise Value
0,68 Bil.
Graham Number
0.25
Graham NetNet
-1.37

Income Statement Metrics

Net Income per Share
-0.11
Income Quality
-2.36
ROE
-12.7
Return On Assets
-0.04
Return On Capital Employed
-0.37
Net Income per EBT
0.23
EBT Per Ebit
2.45
Ebit per Revenue
-0.08
Effective Tax Rate
0.79

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
-0.05
Operating Profit Margin
-0.08
Pretax Profit Margin
-0.19
Net Profit Margin
-0.04

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.27
Free CashFlow per Share
0.05
Capex to Operating CashFlow
0.83
Capex to Revenue
0.17
Capex to Depreciation
0.79
Return on Invested Capital
-0.76
Return on Tangible Assets
-0.07
Days Sales Outstanding
3.69
Days Payables Outstanding
95.05
Days of Inventory on Hand
40.1
Receivables Turnover
98.78
Payables Turnover
3.84
Inventory Turnover
9.1
Capex per Share
0.22

Balance Sheet

Cash per Share
0,06
Book Value per Share
0,02
Tangible Book Value per Share
0.02
Shareholders Equity per Share
-0.02
Interest Debt per Share
0.18
Debt to Equity
-5.12
Debt to Assets
0.08
Net Debt to EBITDA
0.59
Current Ratio
0.22
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
-0,55 Bil.
Invested Capital
97568000
Working Capital
-0,44 Bil.
Intangibles to Total Assets
0
Average Receivables
0,02 Bil.
Average Payables
0,19 Bil.
Average Inventory
81865137
Debt to Market Cap
0.09

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Asante Gold Corporation Dividends
Year Dividends Growth

Asante Gold Corporation Profile

About Asante Gold Corporation

Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, and development of mineral resource properties in the Republic of Ghana. It holds 100% interest in the Fahiakoba concession situated in the Ashanti and Central regions in the Republic of Ghana; and 90% interest in the Bibiani gold mine located in the western region of Ghana. The company also has an option to acquire a 100% interest in the Betenase permit located in Ghana; 90% interest in the Kubi Mining lease located in southwest Ghana; and 100% interest in the Keyhole Gold project. Asante Gold Corporation was incorporated in 2011 and is based in Vancouver, Canada.

CEO
Mr. David Harold Anthony P.Eng
Employee
1.373
Address
800 West Pender Street
Vancouver, V6C 2V6

Asante Gold Corporation Executives & BODs

Asante Gold Corporation Executives & BODs
# Name Age
1 Ms. Juliet Ofeibea Manteaw-Kutin
General Counsel
70
2 Dr. Abdel-Majeed Haroun Ph.D.
Special Advisor & Consultant
70
3 Mr. David Wiens C.F.A.
Chief Financial Officer
70
4 Ms. Maria k. Wilson
Group Human Resources Manager
70
5 Mr. Dean Andrew Bertram
Vice President of Geology
70
6 Mr. Daniel Apau
Manager of Exploration & Resource Chirano Mine
70
7 Mr. Malik Mohammed Easah
Executive Chairman
70
8 Mr. David Harold Anthony P.Eng.
President, Chief Executive Officer & Director
70
9 Mr. Adriano Sobreira
Chief Operating Officer
70
10 Mr. Frederick Attakumah
Executive Vice President & Country Director
70

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