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Asante Gold CorporationTSXV:ASE Stock Report

Market Cap CA$764.0m
Share Price
CA$0.84
CA$65
98.7% undervalued intrinsic discount
1Y-39.6%
7D-14.6%
1D
Portfolio Value
​
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Asante Gold Corporation

TSXV:ASE Stock Report

Market Cap: CA$764.0m

Asante Gold (ASE) Stock Overview

A mineral exploration and gold production company, primarily involved in the assessment, acquisition, development, and operation of mines in the Republic of Ghana. More details

ASE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Risk Analysis

Shareholders have been substantially diluted in the past year

Earnings have declined by 43.8% per year over past 5 years


ASE Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

Top Community Narratives

ASE logo
Asante Gold

Ghana's High Quality Gold Play (35% Insider)

Asante Gold is betting on major upgrades at its Ghana mines that could lift how much gold it recovers and steadily raise output over the next few years. The catch is that costs have been volatile and the whole story depends on the company delivering the ramp-up without needing more shareholder dilution.
View narrative
CA$65
FV
98.7% undervalued intrinsic discount
443
users have viewed this narrative
4users have liked this narrative
4users have commented on this narrative
20users have followed this narrative
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Asante Gold Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Asante Gold
Historical stock prices
Current Share PriceCA$0.84
52 Week HighCA$2.62
52 Week LowCA$0.81
Beta1.32
1 Month Change-23.87%
3 Month Change-48.48%
1 Year Change-39.64%
3 Year Change-55.29%
5 Year Change106.10%
Change since IPO59.43%

Recent News & Updates

Recent updates

Narrative Update • Jan 21

I exiting the positions.

Just a quick update on ASANTE GOLD. There is a rumour that the local government in Ghana may increase its royalty stake.
Analysis Article • Jan 04

Market Cool On Asante Gold Corporation's (CVE:ASE) Revenues Pushing Shares 28% Lower

Unfortunately for some shareholders, the Asante Gold Corporation ( CVE:ASE ) share price has dived 28% in the last...
Narrative Update • Nov 22

🧭 Big-Picture View: ASANTE vs the Potential Classic Failure

⚠️ Risk Interpretation (Expert-Level) 1. AISC Volatility — HIGH You noted consolidated AISC reached: US$4,849/oz (strip-heavy quarter) US$2,587/oz (Q1 FY26) This tells you: They are still early in transformation.
Analysis Article • Oct 18

Asante Gold Corporation's (CVE:ASE) Price Is Right But Growth Is Lacking After Shares Rocket 38%

Asante Gold Corporation ( CVE:ASE ) shareholders have had their patience rewarded with a 38% share price jump in the...
Narrative Update • Sep 23

Ghana's High Quality Gold Play (35% Insider)

🪙 Asante Gold (CNSX: ASE | GSE: ASG | OTCQX: ASGOF) – 2025 Update Latest official info Shares outstanding (basic): 712,734,491 (May 12, 2025); fully diluted ~764.7M (company “Share Structure”). ( Asante Gold ) Five-year outlook: Targeting ~500,000 oz/yr by 2028 and >US$2B cumulative unlevered FCF (company guidance).
Analysis Article • Jan 28

Benign Growth For Asante Gold Corporation (CSE:ASE) Underpins Its Share Price

You may think that with a price-to-sales (or "P/S") ratio of 0.7x Asante Gold Corporation ( CSE:ASE ) is definitely a...
Analysis Article • Aug 24

Asante Gold Corporation (CSE:ASE) Shares Fly 27% But Investors Aren't Buying For Growth

Asante Gold Corporation ( CSE:ASE ) shareholders are no doubt pleased to see that the share price has bounced 27% in...
Analysis Article • Apr 01

The Market Doesn't Like What It Sees From Asante Gold Corporation's (CSE:ASE) Revenues Yet

You may think that with a price-to-sales (or "P/S") ratio of 1x Asante Gold Corporation ( CSE:ASE ) is a stock worth...
Analysis Article • Dec 18

Asante Gold Corporation's (CSE:ASE) Revenues Are Not Doing Enough For Some Investors

You may think that with a price-to-sales (or "P/S") ratio of 1.2x Asante Gold Corporation ( CSE:ASE ) is a stock worth...

Shareholder Returns

ASECA Metals and MiningCA Market
7D-14.6%-10.0%-0.6%
1Y-39.6%64.3%30.5%

Return vs Industry: ASE underperformed the Canadian Metals and Mining industry which returned 64.3% over the past year.

Return vs Market: ASE underperformed the Canadian Market which returned 30.5% over the past year.

Price Volatility

Is ASE's price volatile compared to industry and market?
ASE volatility
ASE Average Weekly Movement9.6%
Metals and Mining Industry Average Movement11.5%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.8%

Stable Share Price: ASE has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ASE's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aCampbell Bairdwww.asantegold.com

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.

Asante Gold Corporation Fundamentals Summary

How do Asante Gold's earnings and revenue compare to its market cap?
ASE fundamental statistics
Market capCA$764.04m
Earnings (TTM)-CA$508.69m
Revenue (TTM)CA$734.04m
1.0x
P/S Ratio
-1.5x
P/E Ratio

Is ASE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASE income statement (TTM)
RevenueUS$526.47m
Cost of RevenueUS$586.55m
Gross Profit-US$60.08m
Other ExpensesUS$304.76m
Earnings-US$364.84m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.40
Gross Margin-11.41%
Net Profit Margin-69.30%
Debt/Equity Ratio4,057.8%

How did ASE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 08:30
End of Day Share Price 2026/06/05 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Asante Gold Corporation is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin MackenzieCanaccord Genuity
Carey MacRuryCanaccord Genuity
Michael FairbairnCanaccord Genuity