Asante Gold Stock Net Income
| ASGOF Stock | USD 1.33 0.06 4.32% |
As of the 3rd of February, Asante Gold shows the mean deviation of 2.72, and Risk Adjusted Performance of (0.01). 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 standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Asante Gold is priced correctly, providing market reflects its regular price of 1.33 per share. Given that Asante Gold is a hitting penny stock territory we recommend to closely look at its jensen alpha.
Asante Gold's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Asante Gold's valuation are provided below:Asante Gold does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Asante |
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 pink sheet 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.
| 11/05/2025 |
| 02/03/2026 |
If you would invest 0.00 in Asante Gold on November 5, 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 G2 Goldfields, Robex Resources, Rio2, Rusoro Mining, Kingsgate Consolidated, Orezone Gold, and Alkane Resources. Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, and development of mine... 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 pink sheet 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.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 18.07 | |||
| Value At Risk | (5.80) | |||
| Potential Upside | 5.51 |
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 | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.40) |
Asante Gold February 3, 2026 Technical Indicators
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| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.39) | |||
| Mean Deviation | 2.72 | |||
| Coefficient Of Variation | (3,994) | |||
| Standard Deviation | 3.71 | |||
| Variance | 13.75 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.40) | |||
| Maximum Drawdown | 18.07 | |||
| Value At Risk | (5.80) | |||
| Potential Upside | 5.51 | |||
| Skewness | (0.62) | |||
| Kurtosis | 1.05 |
Asante Gold Backtested Returns
Asante Gold secures Sharpe Ratio (or Efficiency) of -0.0304, which signifies that the company had a -0.0304 % return per unit of standard deviation over the last 3 months. Asante Gold exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asante Gold's risk adjusted performance of (0.01), and Mean Deviation of 2.72 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Asante Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asante Gold is expected to be smaller as well. At this point, Asante Gold has a negative expected return of -0.11%. Please make sure to confirm Asante Gold's standard deviation, kurtosis, relative strength index, as well as the relationship between the maximum drawdown and day median price , to decide if Asante Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.50 |
Modest predictability
Asante Gold has modest predictability. Overlapping area represents the amount of predictability between Asante Gold time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd of February 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 0.5 indicates that about 50.0% of current Asante Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.22 | |
| 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 |
Based on the recorded statements, Asante Gold reported net income of (8.48 Million). This is 29.55% lower than that of the Metals & Mining sector and 93.88% lower than that of the Materials industry. The net income for all United States stocks is 101.48% 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 pink sheets 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 | -0.7 | |||
| Return On Asset | -0.0993 | |||
| Profit Margin | (0.92) % | |||
| Operating Margin | (0.76) % | |||
| Current Valuation | 289.18 M | |||
| Shares Outstanding | 370.1 M | |||
| Shares Owned By Insiders | 42.86 % | |||
| Shares Owned By Institutions | 0.69 % | |||
| Price To Earning | 1.82 X | |||
| Price To Book | 2.45 X | |||
| EBITDA | (7.32 M) | |||
| Net Income | (8.48 M) | |||
| Cash And Equivalents | 114.49 M | |||
| Cash Per Share | 0.32 X | |||
| Total Debt | 136.25 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 0.43 X | |||
| Book Value Per Share | 0.53 X | |||
| Cash Flow From Operations | (2.27 M) | |||
| Earnings Per Share | (0.04) X | |||
| Number Of Employees | 15 | |||
| Beta | 2.35 | |||
| Market Capitalization | 499.63 M | |||
| Total Asset | 226.85 M | |||
| Net Asset | 226.85 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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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.