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Home CompaniesAsante Gold Corporation

Asante Gold Corporation

Basic Materials Gold
PortfolioPortfolio WatchlistWatchlist
Company price
0.6 CAD -0.03 ( 4.76%)
Last update at 2026-11-03T20:17:00Z
VOLUME
164567
Market Cap
1172.93M

Momentum Score

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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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.59
Low
0.65
High
52 Week Price Range
1.00
Low
2.62
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Asante Gold Corporation (ASE.V) is a TSX Venture–listed gold exploration and development company advancing assets in Ghana, including the Bibiani project. Long-term growth drivers include a potential project restart, exploration-led resource expansion and exposure to gold prices, which may support economics and investor interest in high-grade West African gold assets.
Material risks include the need for significant financing to restart operations, execution and geological uncertainty, sensitivity to gold-price swings and country and permitting risk in Ghana.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.63
Dividend Yield
-
Revenue TTM
526.47M
Revenue Per Share
0.87
Gross Profit TTM
-60.08M
Debt / Equity
-
ROE
-848.59%
Net Debt
48.07M
ROCE
-38.78%
Diluted EPS TTM
-0.73

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Type yearly yearly yearly yearly
Date 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Income before tax -75.52M -166.43M -131.86M -6.74M
Minority interest 3.31M 5.82M 8.50M 0.10M
Net income -75.20M -97.39M -132.33M -6.64M
Selling general administrative 38.77M 31.48M 37.73M 6.01M
Gross profit -13.32M -105.84M -60.67M 0.00M
Reconciled depreciation 105.22M 121.21M 58.41M 0.92M
Operating income -55.08M -137.32M -98.40M -7.34M
Interest expense 18.93M 22.82M 7.19M 0.09M
Tax provision 2.99M -63.23M 8.97M 0.00M
Interest income 0.00M - - -
Net interest income -19.61M -22.82M -7.19M -0.09M
Total revenue 458.88M 426.13M 205.25M 0.00M
Total operating expenses 513.95M 563.44M 303.64M 7.34M
Cost of revenue 472.19M 531.96M 265.91M 0.00M
Total other income expense net -0.83M -6.29M -26.28M 0.68M
Net income from continuing ops -78.51M -103.20M -140.84M -6.74M
Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Type yearly yearly yearly yearly
Date 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Total assets 721.11M 683.47M 732.31M 177.77M
Total liab 686.27M 640.94M 633.20M 104.23M
Total stockholder equity 17.71M 22.09M 72.85M 64.09M
Other current liab 20.43M 13.21M 106.08M 25.24M
Capital stock 282.92M 230.75M 192.22M 72.03M
Retained earnings -320.94M -245.74M -148.35M -13.00M
Cash 25.95M 1.55M 2.11M 4.58M
Total current liabilities 579.09M 520.52M 533.51M 95.69M
Net debt - 48.07M 33.09M -
Short long term debt 17.90M 43.85M 35.20M 1.48M
Total current assets 128.91M 95.76M 112.69M 16.61M
Short term investments 1.43M 2.43M 4.65M 5.88M
Net receivables 1.17M 4.63M 10.50M 0.08M
Long term debt - 5.77M - -
Inventory 79.72M 53.80M 62.57M 0.00M
Accounts payable 180.03M 152.96M 245.24M 7.34M
Non currrent assets other 8.23M 15.45M 8.23M 4.32M
Non current assets total 592.20M 587.71M 619.62M 161.16M
Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31 2021-01-31
Type yearly yearly yearly yearly yearly
Date 2025-01-31 2024-01-31 2023-01-31 2022-01-31 2021-01-31
Investments - 0.00M -2.24M -5.02M -
Net borrowings -34.81M 10.57M 34.71M -0.03M -
Total cash from financing activities -3.96M 38.41M 89.61M 64.53M -
Net income -75.20M -97.39M -132.33M -6.64M -0.67M
Change in cash 24.40M -0.55M -2.27M 4.21M -
Begin period cash flow 1.55M 2.11M 4.37M 0.38M -
End period cash flow 25.95M 1.55M 2.10M 4.58M 0.38M
Total cash from operating activities 158.56M 53.98M 183.89M -1.77M -
Issuance of capital stock 11.00M 20.29M 76.39M 64.00M -
Depreciation - - - 0.92M -
Dividends paid 0.00M - - - -
Change to inventory -55.40M -8.26M -5.93M 0.00M -
Change to account receivables -6.58M 3.48M 1.52M -0.07M -
Capital expenditures 121.55M 84.56M 164.60M 24.82M 0.00M
Change in working capital 81.18M -68.34M 232.48M 1.50M -
Stock based compensation 6.33M 2.75M 17.12M 3.23M -
Other non cash items 10.72M 35.63M 9.32M 0.09M -
Free cash flow 37.00M -30.58M 19.29M -26.59M -

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ASE
Asante Gold Corporation		 -0.03
4.76%		 0.60 - 6.57 2.23 269.42 2.23 49.52
OMG
Omai Gold Mines Corp		 -0.07
4.22%		 1.48 - - - 62.63 - -4.09
THX
Thor Explorations Ltd.		 -0.03
3.37%		 0.86 3.41 2.77 2.87 1.88 1.80 2.44
MKO
Mako Mining Corp		 -0.31
2.97%		 10.14 18.47 2.34 6.21 4.73 4.31 10.00
GRZ
Gold Reserve Inc		 0.23
4.28%		 5.60 - 11.64 246.03 10.46 0.62 -10.79

Profile*

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.

800 West Pender Street, Vancouver, BC, Canada, V6C 2V6

604 558 1134

https://www.asantegold.com

Name Title Year Born
Mr. Malik Mohammed Easah Executive Chairman NA
Mr. David Harold Anthony P.Eng. President, CEO & Director 1957
Mr. David Wiens C.F.A. Chief Financial Officer 1980
Mr. Frederick Attakumah Executive VP & Country Director NA
Mr. Alex Hagan Vice President of Operations NA
Ms. Juliet Ofeibea Manteaw-Kutin General Counsel NA
Ms. Maria k. Wilson Group Human Resources Manager NA
Mr. Dean Andrew Bertram Vice President of Geology NA
Mr. Dindiok Chialin Deputy Chief Financial Officer NA
Ms. Charlotte May Corporate Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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