Asante Gold Corporation

Asante Gold Corporation

0.75
CAD
-0.07
(-8.54%)
-0.62EPS
723.64MMarket Cap
Dec 11Next Earn

Total Valuation

CAD

As of June 30, 2026, Asante Gold Corporation carries a market capitalization of 723.64M, placing it among publicly traded companies globally. Its enterprise value stands at 1.06B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap723.64M
Enterprise Value1.06B

Important Dates

Asante Gold Corporation's next confirmed earnings release is scheduled for December 11, 2026.

Earnings Date12/11/2026

Share Statistics

As of June 30, 2026, Asante Gold Corporation has 904.55M shares outstanding.

Shares Outstanding904.55M

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 0.55, and the price-to-book ratio stands at 5.24.

PS Ratio0.55
PB Ratio5.24
P/TBV Ratio5.24
P/FCF Ratio-2.38
P/OCF Ratio-25.37

Enterprise Valuation

As of June 30, 2026, Asante Gold Corporation trades at an EV/EBITDA multiple of 5.83 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.97 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 1.06B versus a market cap of 723.64M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.97
EV / EBITDA5.83

Financial Position

As of June 30, 2026, Asante Gold Corporation maintains a current ratio of 0.56, meaning it holds 0.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 292.03, indicating elevated leverage, while an interest coverage ratio of 2.96 demonstrates limited ability to service its debt obligations.

Current Ratio0.56
Quick Ratio0.26
Debt / Equity292.03
Debt / EBITDA2.31
Interest Coverage2.96

Financial Efficiency

CAD

These figures cover the twelve months ended June 30, 2026. Return on assets (ROA) is negative at -35.49, reflecting losses generated across the asset base. The company generates approximately 401,029.68 in revenue per employee across its workforce of 2,739.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 7.29 indicates how many times Asante Gold Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Assets (ROA)-35.49
Revenue Per Employee401,029.68
Employee Count2,739.00
Inventory Turnover7.29

Taxes

CAD

Over the twelve months ended June 30, 2026, Asante Gold Corporation recorded 37.66M in income tax expense. The company reported a pretax loss of -423.98M and -446.69M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax37.66M

Stock Price Statistics

CAD

As of the close on October 22, 2026, Asante Gold Corporation's stock has declined approximately 65.12% over the past 52 weeks. The 50-day moving average sits at 0.91, while the 200-day moving average is 1.17.

52-Week Price Change-65.12%
50-Day Moving Average0.91
200-Day Moving Average1.17

Income Statement

CAD

Over the twelve months ended June 30, 2026, Asante Gold Corporation generated 1.10B in revenue and converted that into -446.69M in net income, yielding earnings per share of -0.62. EBITDA reached 182.44M, while operating income came in at -73.17M.

Revenue1.10B
Gross Profit13.58M
Operating Income-73.17M
Pretax Income-423.98M
Net Income-446.69M
EBITDA182.44M
EBIT-67.89M
Earnings Per Share (EPS)-0.62

Balance Sheet

CAD

As of June 30, 2026, Asante Gold Corporation holds 87.03M in cash and equivalents against 421.36M in total debt, resulting in a net debt position of 324.66M. Total book value stands at 138.11M, with working capital of -308.83M providing operational flexibility.

Cash & Cash Equivalents87.03M
Total Debt421.36M
Net Debt324.66M
Equity (Book Value)138.11M
Book Value Per Share0.15
Working Capital-308.83M

Cash Flow

CAD

Asante Gold Corporation produced -23.67M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -229.00M in capital expenditures, free cash flow totaled -252.68M - equivalent to -0.34 per share.

Operating Cash Flow-23.67M
Capital Expenditures-229.00M
Free Cash Flow-252.68M
FCF Per Share-0.34

Margins

Over the twelve months ended June 30, 2026, Asante Gold Corporation posted a gross margin of 1.24, reflecting its pricing power and cost economics. The operating margin of -6.66 and net profit margin of -40.67 provide insight into operational efficiency.

Gross Margin1.24
Operating Margin-6.66
Pretax Margin-38.60
Profit Margin-40.67
EBITDA Margin16.61

Dividends & Yields

Over the twelve months ended June 30, 2026, Asante Gold Corporation paid dividends of - - per share. The dividend payout ratio of - - indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -42.08: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -79.57, meaning Asante Gold Corporation raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-79.57
FCF Yield-42.08

Scores

As of June 30, 2026, Asante Gold Corporation has an Altman Z-Score of -0.28, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score-0.28