David PEng - Asante Gold Pres CEO

ASGOF Stock  USD 0.85  0.05  5.56%   

Insider

David PEng is Pres CEO of Asante Gold
Age 66
Phone604 558 1134
Webhttps://www.asantegold.com

Asante Gold Management Efficiency

The company has return on total asset (ROA) of (0.0993) % which means that it has lost $0.0993 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.7007) %, meaning that it generated substantial loss on money invested by shareholders. Asante Gold's management efficiency ratios could be used to measure how well Asante Gold manages its routine affairs as well as how well it operates its assets and liabilities.
Asante Gold has accumulated 136.25 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Asante Gold has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Asante Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Asante Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Asante Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asante to invest in growth at high rates of return. When we think about Asante Gold's use of debt, we should always consider it together with cash and equity.

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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. Asante Gold [ASGOF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Asante Gold Leadership Team

Elected by the shareholders, the Asante Gold's board of directors comprises two types of representatives: Asante Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asante. The board's role is to monitor Asante Gold's management team and ensure that shareholders' interests are well served. Asante Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Asante Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
BSc BC, Founder Chairman
Paul Abbott, Gen Geology
Bashir Ahmed, Vice President - Production, Development, Director
Adriano Sobreira, VP Operations
Juliet ManteawKutin, G Counsel
Dean Bertram, Exec Mang
David PEng, Pres CEO
AbdelMajeed Haroun, Special Consultant
Malik Easah, Ex Director

Asante Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Asante Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Asante Pink Sheet

Asante Gold financial ratios help investors to determine whether Asante Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Asante with respect to the benefits of owning Asante Gold security.