Asante Gold Financials
| ASGOF Stock | USD 0.85 0.05 5.56% |
Asante |
Understanding current and past Asante Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Asante Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Asante Gold's assets may result in an increase in income on the income statement.
Asante Gold Stock Summary
Asante Gold competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, and development of mineral resource properties in the Republic of Ghana. Asante Gold Corporation was incorporated in 2011 and is based in Vancouver, Canada. Asante Gold is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 800 West Pender |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.asantegold.com |
| Phone | 604 558 1134 |
| Currency | USD - US Dollar |
Asante Gold Key Financial Ratios
There are many critical financial ratios that Asante Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Asante Gold reports annually and quarterly.Asante Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Asante Gold's current stock value. Our valuation model uses many indicators to compare Asante Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Asante Gold competition to find correlations between indicators driving Asante Gold's intrinsic value. More Info.Asante Gold is rated second in return on equity category among its peers. It is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Asante Gold's earnings, one of the primary drivers of an investment's value.Asante Gold Systematic Risk
Asante Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Asante Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Asante Gold correlated with the market. If Beta is less than 0 Asante Gold generally moves in the opposite direction as compared to the market. If Asante Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Asante Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Asante Gold is generally in the same direction as the market. If Beta > 1 Asante Gold moves generally in the same direction as, but more than the movement of the benchmark.
Asante Gold November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Asante Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Asante Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Asante Gold based on widely used predictive technical indicators. In general, we focus on analyzing Asante Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Asante Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.29 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 18.34 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 4.3 |
Complementary Tools for Asante Pink Sheet analysis
When running Asante Gold's price analysis, check to measure Asante Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asante Gold is operating at the current time. Most of Asante Gold's value examination focuses on studying past and present price action to predict the probability of Asante Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asante Gold's price. Additionally, you may evaluate how the addition of Asante Gold to your portfolios can decrease your overall portfolio volatility.
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