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← CockpitCompetitor Analysis › ASE.V Asante Gold CorporationOpen in the cockpit ↗

Asante Gold CorporationASE.VCompetitor analysis, valuation and peers

Canada · CAD·Materials›Precious Metals
Momentum laggard 10
Mkt cap
$439M
US dollars, full cap
Free float
81%
of shares outstanding
$/day
$166,193
20-day average traded
Fwd P/E
1.4×
forward earnings
ROIC−WACC
-29.5 pp
WACC 8.0%
Hurdle
n/a
no reverse DCF
Next earnings
35 days
11 Dec 2026
Close · CADC$0.68
1D+9.7%
1W+9.7%
1M-10.5%
3M-29.2%
6M-39.3%
YTD-58.8%
1Y-67.5%
ATR %9.8%
52w lowhigh70.8% off high

What Asante Gold does

Employees: 1,452

Asante Gold at a glance

Size Asante Gold (ASE.V) is a Canada Materials company (Precious Metals) with a market value of $439M, the 357th largest of 420 Canada companies the cockpit tracks. Shares closed at C$0.68 on 6 Nov 2026.

Performance Over six months the shares fell 39.3%, against +0.9% for the median peer and +5.2% for the Canada market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue grew 27.9% over the last twelve months (peer median +70.9%); the operating margin is -21.8% (peer median 24.0%).

Valuation It trades at 1.4× forward earnings against a peer median of 5.3× (cheapest of 9).

Capital Return on invested capital runs 29.5 points below its cost of capital (8.0% WACC).

Next results Next results expected around 11 Dec 2026 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 99ASE.V 61
Six months, rebased to 100: Asante Gold against the median of its 20 peers (local-currency closes).

Asante Gold financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2023FY2022FY2021
Revenuen/aC$736MC$575MC$275MC$0
Revenue growth—+28%+109%——
Gross profitn/a-C$110M-C$158M-C$117M-C$1.17M
EBITDAn/aC$41.9M-C$21.6M-C$53.5M-C$8.19M
Net incomen/a-C$510M-C$132M-C$177M-C$8.48M
Free cash flown/a-C$489M-C$41.4MC$27.3M-C$31.1M
Capital expendituren/aC$345MC$108MC$220MC$31.7M
Total debtC$485MC$457MC$250MC$224MC$1.48M

Quarterly statements and history in the cockpit →

Asante Gold competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-20%-10%0%ATXNMGSLGITRRMLMEITHXCMCLAUXXAMXHSTRITHAMIVGZETGDECNGOLDAUCGOROAISFISHASE.V6-month return →1-month return →
Up and to the right = strong over both horizons. Asante Gold is the large dot.

Fundamentals: revenue growth against valuation

+50%+100%+150%+200%2×4×6×ITRTHXCMCLAMIGOROAISFISHASE.VRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Asante Gold is the large dot.

Asante Gold competitors and peer comparison

How Asante Gold compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Asante Gold against its 20 peers (data as of 6 Nov 2026)
MeasureASE.VPeer medianRank in peer set
1-month return-10.5%-9.0%10th lowest of 21
6-month return-39.3%+0.9%2nd lowest of 21
Distance from 52-week high-70.8%-31.4%lowest of 21
Revenue growth (TTM)+27.9%+70.9%2nd lowest of 10
Operating margin-21.8%24.0%2nd lowest of 11
Forward P/E1.4×5.3×cheapest of 9
ROIC minus cost of capital-29.5 pp-9.1 pp3rd lowest of 15
EV / EBITDA24.3×2.8×most expensive of 8
Net debt / EBITDA9.5×-0.9×most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Asante Gold ASE.VCanada$439M-39%+28%-22%1.4×n/an/a
ATEX Resources ATX.TOCanada$443M-45%n/an/an/an/an/a
New Murchison Gold NMG.AXAustralia$433M+19%+1,594,866%67%n/a-19.0%n/a
San Lorenzo Gold SLG.VCanada$431M+101%n/an/an/an/an/a
Integra Resources ITR.VCanada$453M-20%+71%26%5.7×0.8%+70.9%
Rusoro Mining RML.VCanada$457M-5%n/an/an/an/an/a
Meteoric Resources MEI.AXAustralia$464M+12%n/an/an/an/an/a
Thor Explorations THX.VCanada$466M-26%+29%63%2.2×n/an/a
Caledonia Mining CMCLUnited States$412M-11%+35%45%6.8×-20.3%+21.8%
Gold X2 Mining AUXX.VCanada$409M-32%n/an/an/an/an/a
Amex Gold Mining AMX.VCanada$407M-26%n/an/an/an/an/a
Heliostar Metals HSTR.TOCanada$475M+10%n/a22%8.3×15.3%n/a
International Tower Hill Mines ITH.TOCanada$405M-39%n/an/an/an/an/a
Aurelia Metals AMI.AXAustralia$477M+16%+40%27%4.8×-5.8%+2.9%
Vista Gold VGZUnited States$401M+22%n/an/an/an/an/a
Entree Resources ETG.TOCanada$391M+6%n/an/an/an/an/a
Deccan Gold Mines DECNGOLD.NSIndia$389M+46%+159%-338%n/an/an/a
Ausgold AUC.AXAustralia$495M+42%n/an/an/an/an/a
Goldgroup Mining GORO.VCanada$500M-21%+215%3%5.7×n/an/a
Aeris Resources AIS.AXAustralia$385M-20%+22%22%2.8×-17.5%+10.2%
Sailfish Royalty FISH.VCanada$384M+96%+88%3%5.0×n/an/a

Questions

Which companies are Asante Gold's closest peers?
The cockpit's peer set: ATEX Resources (ATX.TO), New Murchison Gold (NMG.AX), San Lorenzo Gold (SLG.V), Integra Resources (ITR.V), Rusoro Mining (RML.V), Meteoric Resources (MEI.AX), Thor Explorations (THX.V), Caledonia Mining (CMCL).
Is Asante Gold expensive compared with its peers?
On forward p/e it trades at 1.4× against a peer median of 5.3×, cheapest of 9 in its peer set.
How has Asante Gold stock performed?
Over six months to 6 Nov 2026 the shares returned -39.3% against +0.9% for the median peer; over one year -67.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.