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Complete financial analysis of Asante Gold Corporation (ASGOF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Asante Gold Corporation, a leading company in the Gold industry within the Basic Materials sector.
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Asante Gold Corporation (ASGOF)
About Asante Gold Corporation
Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, and development of mineral resource properties in the Republic of Ghana. It holds 100% interest in the Fahiakoba concession situated in the Ashanti and Central regions in the Republic of Ghana; and 90% interest in the Bibiani gold mine located in the western region of Ghana. The company also has an option to acquire a 100% interest in the Betenase permit located in Ghana; 90% interest in the Kubi Mining lease located in southwest Ghana; and 100% interest in the Keyhole Gold project. Asante Gold Corporation was incorporated in 2011 and is based in Vancouver, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 575.18M | 274.73M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 717.93M | 355.93M | 1.17M | 0.00 | 0.00 | 0.00 | 225.00 | 878.00 | 951.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -142.75M | -81.20M | -1.17M | 0.00 | 0.00 | 0.00 | -225.00 | -878.00 | -951.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | -24.82% | -29.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 30.89M | 49.48M | 7.99M | 642.89K | 486.79K | 575.66K | 946.54K | 1.35M | 789.01K | 672.95K | 788.78K | 1.08M | 1.24M |
| Selling & Marketing | 1.09M | 1.03M | 197.57K | 20.11K | 53.15K | 15.50K | 27.90K | 69.76K | 61.17K | 11.82K | 39.59K | 108.67K | 0.00 |
| SG&A | 31.70M | 50.51M | 8.19M | 663.01K | 539.94K | 591.16K | 974.44K | 1.42M | 850.18K | 684.77K | 788.78K | 1.19M | 1.24M |
| Other Expenses | -2.77M | -3.41M | 0.00 | 0.00 | 0.00 | 0.00 | 225.00 | 878.00 | 951.00 | 1.26K | 755.00 | 676.00 | 9.00 |
| Operating Expenses | 28.93M | 53.92M | 8.19M | 663.01K | 539.94K | 591.16K | 974.66K | 1.42M | 851.14K | 686.03K | 789.54K | 1.19M | 1.24M |
| Cost & Expenses | 760.42M | 409.85M | 9.36M | 663.01K | 539.94K | 591.16K | 974.66K | 1.42M | 851.14K | 686.03K | 789.54K | 1.19M | 1.24M |
| Interest Income | -7.82M | 2.36M | 113.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 435.00 | 0.00 | 0.00 |
| Interest Expense | 22.98M | 9.62M | 112.83K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 435.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 122.12M | 78.18M | 1.17M | 614.78K | 496.52K | 12.35K | 225.00 | 878.00 | 951.00 | 1.26K | 755.00 | 676.00 | 9.00 |
| EBITDA | -26.05M | -56.94M | -7.32M | -58.39K | -4.87K | -589.72K | -812.94K | -1.19M | -851.91K | -710.21K | -789.47K | -1.19M | -1.24M |
| EBITDA Ratio | -4.53% | -20.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -181.52M | -130.78M | -9.36M | -652.84K | -578.48K | -591.16K | -974.66K | -1.42M | -851.14K | -686.03K | -789.54K | -1.19M | -1.24M |
| Operating Income Ratio | -31.56% | -47.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -43.11M | -45.72M | 755.58K | -20.32K | -4.88K | 1.44K | 308.77K | 526.22K | -1.73K | -25.44K | -680.00 | -6.90K | -593.00 |
| Income Before Tax | -224.63M | -176.50M | -8.61M | -673.17K | -501.40K | -589.72K | -665.89K | -896.13K | -852.86K | -711.47K | -790.22K | -1.19M | -1.24M |
| Income Before Tax Ratio | -39.05% | -64.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | -84.38M | 12.01M | -16.35K | 10.16K | -38.54K | -2.89K | -308.77K | -526.22K | 1.73K | 25.44K | 680.00 | 6.90K | 593.00 |
| Net Income | -132.15M | -177.13M | -8.48M | -683.33K | -462.86K | -589.72K | -665.89K | -896.13K | -852.86K | -711.47K | -790.22K | -1.19M | -1.24M |
| Net Income Ratio | -22.98% | -64.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | -0.31 | -0.53 | -0.05 | -0.01 | -0.01 | -0.01 | -0.01 | -0.03 | -0.04 | -0.03 | -0.04 | -0.06 | -0.06 |
| EPS Diluted | -0.31 | -0.53 | -0.05 | -0.01 | -0.01 | -0.01 | -0.01 | -0.03 | -0.04 | -0.03 | -0.04 | -0.06 | -0.06 |
| Weighted Avg Shares Out | 426.29M | 334.47M | 179.44M | 72.91M | 60.27M | 57.16M | 47.31M | 35.54M | 22.53M | 22.48M | 22.37M | 19.94M | 20.11M |
| Weighted Avg Shares Out (Dil) | 430.46M | 334.47M | 179.44M | 72.91M | 60.27M | 57.16M | 47.31M | 35.54M | 22.53M | 22.48M | 22.37M | 19.94M | 20.11M |
Asante Announces Closing of First Tranche of US$100 Million Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT: 1A9 | U.S.OTC: ASGOF) (“Asante” or the “Company”)...
Asante Announces US$100 Million Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | U.S.OTC: ASGOF) (“Asante” or the "Company") is...
Asante Announces Start of Mining at the Russel Starter Pit at the Bibiani Gold Mine
VANCOUVER, British Columbia, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) is pleased to announce that, following receipt of all necessary permits from Ghanaian authorities, delivery of first...
Asante Announces Approval of Base Shelf Prospectus for Ghanaian Bond Offering Up to US$400 Million
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | U.S.OTC: ASGOF) (“Asante” or the "Company") is...
Asante Files Financial and Operating Results for the Quarter Ended July 31, 2024
VANCOUVER, British Columbia, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) announces the filing of its financial statements and management's discussion and analysis (“MD&A”) for the three month...
Asante Files Financial and Operating Results for the Quarter Ended April 30, 2024
VANCOUVER, British Columbia, June 17, 2024 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) announces the filing of its financial statements and management's discussion and analysis (“MD&A”) for the three months...
Asante Announces Project Update for the Sulphide Recovery Plant at the Bibiani Gold Mine
VANCOUVER, British Columbia, June 13, 2024 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) is pleased to announce that the principle, long lead equipment for the Sulphide Recovery Plant planned for...
VIDEO - CEO Clips - Asante Gold Corporation: A Beacon of Gold Mining Innovation in Ghana
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2024) - Asante Gold Corporation (CSE: ASE) (GSE: ASG) - In the vibrant gold mining landscape of Ghana, Asante Gold emerges as a leader, championing the fusion of traditional gold mining with innovative...
Asante Announces Technical Reports Delineating Annual Gold Production Near 450 Koz by 2025, Significant Resource Growth
CEO Dave Anthony and CFO David Wiens to host live, interactive webinar at 11:00am Pacific Time / 2:00pm Eastern time on Tuesday, May 7. Investors are invited to register at link below. CEO Dave Anthony and CFO David Wiens to host...
Asante Files Financial and Operating Results for the Year Ended January 31, 2024
VANCOUVER, British Columbia, May 01, 2024 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) announces the filing of its audited financial statements and management's discussion and analysis for the three months...
Source: https://incomestatements.info
Category: Stock Reports