Metal & Mining Stocks
Asante Gold Corporation (CSE: ASE | GSE: ASG) Reports 8% Revenue Surge in FY25
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Highlights
Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT: 1A9 | U.S. OTC: ASGOF) has filed its audited financial statements and management’s discussion and analysis for the fiscal year ended January 31, 2025.
The company reported total revenue of USD459 million for the fiscal year, marking an 8% increase compared to USD426 million in the previous year. This revenue growth was attributed primarily to higher gold prices, with the average realized price rising to USD2,403 per ounce in 2025 from USD1,936 per ounce in 2024. The increase in pricing followed a period of heightened market demand for gold as a perceived safe-haven investment.
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