Asante Gold Stock Net Income
| ASE Stock | CAD 2.06 0.06 3.00% |
As of the 3rd of March, Asante Gold shows the risk adjusted performance of 0.0338, and Mean Deviation of 3.34. Asante Gold technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Asante Gold information ratio, and the relationship between the downside deviation and value at risk to decide if Asante Gold is priced correctly, providing market reflects its regular price of 2.06 per share.
Asante Gold Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 2.9876 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Loss | -70.7 M | -74.2 M | |
| Net Loss | -67.7 M | -71.1 M | |
| Net Loss | (0.19) | (0.20) | |
| Net Income Per E B T | 1.15 | 1.01 |
Asante | Net Income |
The evolution of Net Income for Asante Gold provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Asante Gold compares to historical norms and industry peers.
Latest Asante Gold's Net Income Growth Pattern
Below is the plot of the Net Income of Asante Gold over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Asante Gold financial statement analysis. It represents the amount of money remaining after all of Asante Gold operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Asante Gold's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asante Gold's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (75.2 M) | 10 Years Trend |
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Net Income |
| Timeline |
Asante Net Income Regression Statistics
| Arithmetic Mean | (30,787,377) | |
| Coefficient Of Variation | (132.68) | |
| Mean Deviation | 34,085,293 | |
| Median | (6,643,628) | |
| Standard Deviation | 40,848,661 | |
| Sample Variance | 1668.6T | |
| Range | 125.7M | |
| R-Value | (0.70) | |
| Mean Square Error | 907.6T | |
| R-Squared | 0.49 | |
| Significance | 0 | |
| Slope | (5,662,775) | |
| Total Sum of Squares | 26697.8T |
Asante Net Income History
Asante Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Asante Gold is extremely important. It helps to project a fair market value of Asante Stock properly, considering its historical fundamentals such as Net Income. Since Asante Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Asante Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Asante Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
Asante Gold 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Asante Gold's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Asante Gold.
| 12/03/2025 |
| 03/03/2026 |
If you would invest 0.00 in Asante Gold on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding Asante Gold or generate 0.0% return on investment in Asante Gold over 90 days. Asante Gold is related to or competes with Minera Alamos, Mayfair Gold, 1911 Gold, Sailfish Royalty, Tudor Gold, and Dynacor Gold. Asante Gold Corporationration engages in the exploration and evaluation of mineral properties in Ghana, West Africa. More
Asante Gold Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Asante Gold's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Asante Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.92 | |||
| Information Ratio | 0.0144 | |||
| Maximum Drawdown | 18.25 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 6.75 |
Asante Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asante Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asante Gold's standard deviation. In reality, there are many statistical measures that can use Asante Gold historical prices to predict the future Asante Gold's volatility.| Risk Adjusted Performance | 0.0338 | |||
| Jensen Alpha | 0.0698 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0124 | |||
| Treynor Ratio | 0.1504 |
Asante Gold March 3, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0338 | |||
| Market Risk Adjusted Performance | 0.1604 | |||
| Mean Deviation | 3.34 | |||
| Semi Deviation | 4.41 | |||
| Downside Deviation | 4.92 | |||
| Coefficient Of Variation | 2985.89 | |||
| Standard Deviation | 4.24 | |||
| Variance | 18.02 | |||
| Information Ratio | 0.0144 | |||
| Jensen Alpha | 0.0698 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0124 | |||
| Treynor Ratio | 0.1504 | |||
| Maximum Drawdown | 18.25 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 6.75 | |||
| Downside Variance | 24.16 | |||
| Semi Variance | 19.49 | |||
| Expected Short fall | (3.48) | |||
| Skewness | (0.41) | |||
| Kurtosis | (0.22) |
Asante Gold Backtested Returns
At this stage we consider Asante Stock to be dangerous. Asante Gold secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Asante Gold, which you can use to evaluate the volatility of the firm. Please confirm Asante Gold's risk adjusted performance of 0.0338, and Mean Deviation of 3.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.0089%. The firm shows a Beta (market volatility) of 0.88, which signifies possible diversification benefits within a given portfolio. Asante Gold returns are very sensitive to returns on the market. As the market goes up or down, Asante Gold is expected to follow. Asante Gold right now shows a risk of 4.38%. Please confirm Asante Gold value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if Asante Gold will be following its price patterns.
Auto-correlation | 0.24 |
Weak predictability
Asante Gold has weak predictability. Overlapping area represents the amount of predictability between Asante Gold time series from 3rd of December 2025 to 17th of January 2026 and 17th of January 2026 to 3rd of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Asante Gold price movement. The serial correlation of 0.24 indicates that over 24.0% of current Asante Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Asante Net Interest Income
Net Interest Income |
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Based on the recorded statements, Asante Gold reported net income of (75.2 Million). This is much higher than that of the Basic Materials sector and 45.75% lower than that of the Gold industry. The net income for all Canada stocks is 113.17% higher than that of the company.
Asante Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asante Gold's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Asante Gold could also be used in its relative valuation, which is a method of valuing Asante Gold by comparing valuation metrics of similar companies.Asante Gold is currently under evaluation in net income category among its peers.
Asante Fundamentals
| Return On Equity | -8.49 | ||||
| Return On Asset | -0.0905 | ||||
| Profit Margin | (0.62) % | ||||
| Operating Margin | (0.32) % | ||||
| Current Valuation | 2.01 B | ||||
| Shares Outstanding | 891.45 M | ||||
| Shares Owned By Insiders | 18.96 % | ||||
| Shares Owned By Institutions | 22.71 % | ||||
| Number Of Shares Shorted | 11.36 M | ||||
| Price To Book | 25.26 X | ||||
| Price To Sales | 3.62 X | ||||
| Revenue | 458.88 M | ||||
| Gross Profit | (70.91 M) | ||||
| EBITDA | 5.69 M | ||||
| Net Income | (75.2 M) | ||||
| Cash And Equivalents | 22.34 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 17.9 M | ||||
| Debt To Equity | 1.35 % | ||||
| Current Ratio | 0.07 X | ||||
| Book Value Per Share | 0.09 X | ||||
| Cash Flow From Operations | 158.56 M | ||||
| Short Ratio | 9.35 X | ||||
| Earnings Per Share | (0.73) X | ||||
| Target Price | 4.25 | ||||
| Beta | 1.63 | ||||
| Market Capitalization | 1.78 B | ||||
| Total Asset | 721.11 M | ||||
| Retained Earnings | (320.94 M) | ||||
| Working Capital | (450.18 M) | ||||
| Net Asset | 721.11 M |
About Asante Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Asante Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asante Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asante Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Asante Stock 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.