Asante Gold Stock Net Income

ASE Stock  CAD 1.75  0.04  2.23%   
Fundamental analysis of Asante Gold allows traders to better anticipate movements in Asante Gold's stock price by examining its financial health and performance throughout various phases of its business cycle.
Net Income Per E B T is likely to climb to 1.01 in 2025, whereas Net Loss is likely to drop (0.17) in 2025.
  
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Asante Gold Company Net Income Analysis

Asante Gold's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Asante Gold Net Income

    
  (736.09 K)  
Most of Asante Gold's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Asante Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

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.
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 Income Per Share

Net Income Per Share

(0.17)

At this time, Asante Gold's Net Loss is fairly stable compared to the past year.
Based on the recorded statements, Asante Gold reported net income of (736,090). This is 93.88% lower than that of the Basic Materials sector and 99.47% lower than that of the Gold industry. The net income for all Canada stocks is 100.13% 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

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.

Thematic Opportunities

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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.