Asante Gold Corp ASE
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.
Trading Information
- Previous Close Price
- CAD 1.17
- Day Range
- CAD 1.16–1.25
- 52-Week Range
- CAD 1.05–2.21
- Bid/Ask
- CAD 1.22 / CAD 1.25
- Market Cap
- CAD 542.92 Mil
- Volume/Avg
- 95,700 / 115,926
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.87
- 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
- Website
- https://www.asantegold.com
Comparables
Valuation
|
Metric
|
ASE
|
PRU
|
KNT
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 6.26 | 32.96 |
Price/Book Value | — | 1.43 | 3.88 |
Price/Sales | 0.87 | 1.99 | 6.78 |
Price/Cash Flow | — | 4.48 | 16.54 |
Price/Earnings
ASE
PRU
KNT
Financial Strength
|
Metric
|
ASE
|
PRU
|
KNT
|
|---|---|---|---|
Quick Ratio | 0.05 | 5.36 | 2.23 |
Current Ratio | 0.20 | 6.49 | 3.08 |
Interest Coverage | −9.23 | 89.95 | 15.61 |
Quick Ratio
ASE
PRU
KNT
Profitability
|
Metric
|
ASE
|
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
ASE
PRU
KNT
Gold Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ZIJMY
| Zijin Mining Group Co Ltd ADR | — | Sgfcbm | $64.9 Bil | |
ZIJMF
| Zijin Mining Group Co Ltd Class H | — | Fdkjh | $61.9 Bil | |
NEMCL
| Newmont Corp Chess Depository Interest | — | Zlqz | $49.3 Bil | |
NEM
| Newmont Corp | Bmqprdqd | Rmy | $43.2 Bil | |
AEM
| Agnico Eagle Mines Ltd | Gcwndkhpy | Nnzgl | $32.2 Bil | |
GOLD
| Barrick Gold Corp | Qmrbgrl | Nrncs | $30.0 Bil | |
WPM
| Wheaton Precious Metals Corp | Lmytlrsh | Swb | $24.5 Bil | |
FNV
| Franco-Nevada Corp | — | Skgbhn | $23.6 Bil | |
GFIOF
| Gold Fields Ltd | — | Bdrcx | $15.2 Bil | |
KGC
| Kinross Gold Corp | Hmkk | Tsch | $8.3 Bil |