Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
ASE.V
STRONG SELLREMOVEAsante Gold Corporation · Basic Materials · Canada · $667M · Avg Vol: $427K/d
Asante Gold is a junior gold producer that does not align with our high-conviction Commodity Supercycle theme, which focuses on copper and electrification. It fails the Terry Smith quality filter due to high geopolitical risk in its operating jurisdiction and a weak balance sheet.
COMPANY DESCRIPTION
Asante Gold Corporation is a gold producer operating the Bibiani and Chirano gold mines in Ghana, West Africa. The company controls a consolidated, highly prospective land package along the prolific Bibiani and Sefwi gold belts, utilizing shared infrastructure to optimize operating costs. It is a rapidly growing mid-tier gold producer with a strong operational footprint in a premier African mining jurisdiction.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 0 | 149M | 309M | 332M | 49.5% |
| EPS | -0.03 | -0.29 | -0.17 | -0.12 | — |
| Shares | 254M | 378M | 445M | 501M | +97.5% |
| Debt | 1M | 25M | 36M | 13M | 129.3% |
| Equity | 46M | 53M | 16M | 13M | -34.9% |
| Op CF | -1M | 133M | 39M | 115M | -7.1% |
| Inv CF | -43M | -201M | -67M | -95M | — |
| Fin CF | 47M | 65M | 28M | -3M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of ASE.V are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| ASE.V | Asante Gold Corporation(you) | $667M | 0 | STRONG SELL |
| GROY | Gold Royalty Corp. | $739M | 10 | STRONG SELL |
| ODV | Osisko Development Corp. | $832M | 7 | STRONG SELL |
| NFG.V | New Found Gold Corp. | $765M | 10 | STRONG SELL |
| ITH.TO | International Tower Hill Mines Ltd. | $671M | 17 | STRONG SELL |
| PCU.V | Pecoy Copper Corp. | $276M | 4 | STRONG SELL |
| SIG.V | Sitka Gold Corp. | $331M | 10 | STRONG SELL |
| TNGD.V | Tiernan Gold Corp. | $279M | 7 | STRONG SELL |
| FDR.V | Founders Metals Inc. | $414M | 14 | STRONG SELL |
| ATX.V | ATEX Resources Inc | $914M | 18 | STRONG SELL |
Peer medians: ROE -12.3% · P/E 15.3x · Gross margin 0.0%