Asante Gold Stock Analysis

Asante Pink Sheet Analysis Notes

About 43.0% of the company shares are held by company insiders. The book value of Asante Gold was presently reported as 0.53. The company recorded a loss per share of 0.04. Asante Gold had not issued any dividends in recent years. 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.The quote for Asante Gold is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Asante Gold please contact David PEng at 604 558 1134 or go to https://www.asantegold.com.

Asante Gold Investment Alerts

Asante Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 499.63 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Asante Gold's market, we take the total number of its shares issued and multiply it by Asante Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Asante Profitablity

The company has Profit Margin (PM) of (0.92) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.76) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.76.

Technical Drivers

As of the 27th of November, Asante Gold shows the risk adjusted performance of 0.0077, and Mean Deviation of 1.26. 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 downside deviation and the relationship between the information ratio and expected short fall to decide if Asante Gold is priced correctly, providing market reflects its regular price of 0.85 per share. Given that Asante Gold is a hitting penny stock territory we recommend to closely look at its total risk alpha.

Asante Gold Price Movement Analysis

Asante Gold Predictive Daily Indicators

Asante Gold Forecast Models

Asante Gold's time-series forecasting models are one of many Asante Gold's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Asante Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Asante Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Asante shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Asante Gold. By using and applying Asante Pink Sheet analysis, traders can create a robust methodology for identifying Asante entry and exit points for their positions.

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.