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Asante Gold Corp ASGOF

Morningstar Rating
$0.85 −0.15 (15.00%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ASGOF is trading at a 26% discount.
Price
$1.01
Fair Value
$2.79
Uncertainty
Very High
1-Star Price
$4.67
5-Star Price
$1.35
Economic Moat
Ygm
Capital Allocation
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Trading Information

Previous Close Price
$1.00
Day Range
$0.850.85
52-Week Range
$0.831.62
Bid/Ask
$0.89 / $0.92
Market Cap
$378.26 Mil
Volume/Avg
1,300 / 2,509

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.85
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Asante Gold Corp is an exploration stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has also acquired the Bibiani gold mine from Resolute Mining.
Sector
Basic Materials
Industry
Gold
Stock Style Box
Small Growth
Total Number of Employees
1,373

Comparables

Valuation

Metric
ASGOF
PRU
KNT
Price/Earnings (Normalized)
6.2632.96
Price/Book Value
1.433.88
Price/Sales
0.851.996.78
Price/Cash Flow
4.4816.54
Price/Earnings
ASGOF
PRU
KNT

Financial Strength

Metric
ASGOF
PRU
KNT
Quick Ratio
0.055.362.23
Current Ratio
0.206.493.08
Interest Coverage
−9.2389.9515.61
Quick Ratio
ASGOF
PRU
KNT

Profitability

Metric
ASGOF
PRU
KNT
Return on Assets (Normalized)
−27.13%22.35%10.38%
Return on Equity (Normalized)
−546.50%27.98%12.28%
Return on Invested Capital (Normalized)
−167.63%25.00%12.08%
Return on Assets
ASGOF
PRU
KNT
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