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Notes
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Your Data
Symbol Data
Symbol
Currency
CNSX:ASE
CAD
OTCMKTS:ASGOF
USD
Description
Asante Gold Corp are a gold focused mid-tier producer with one mine in development in Ghana and five exploration properties. They have approximately 5Moz. of gold in the reserves and resources category of which 3Moz. are in the measured and indicated category. They have a market capitalisation of ~C$399.92M which is a fall of roughly 16% over the last eight months. As of 09/20/2023 they have ~C$165M debt and ~C$25.68M cash. They have 443M shares outstanding and trade on the Canadian Securities Exchange and the over-the-counter markets.
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General Details
Financial
09/20/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
MCap (FD):
$475.32M
$399.92M
09/20/2023
$-75.40M
Total Assets:
$727.54M
$716.91M
09/20/2023
$-10.63M
Total Liabilities:
$629.24M
$620.05M
09/20/2023
$-9.19M
Current Assets:
$111.70M
$110.07M
09/20/2023
$-1.63M
Current Liabilities:
$529.46M
$521.72M
09/20/2023
$-7.73M
Total Debt:
$167.55M
$165.10M
09/20/2023
$-2.45M
Cash:
$26.06M
$25.68M
09/20/2023
$-0.38M
Enterprise Value:
$616.81M
$539.34M
02/03/1987
$-77.46M
Cash Flow:
$111.70M
$230.49M
never
$118.79M
Cash Flow Multiple:
4.26
1.74
never
-2.52
Net Debt to Cash Flow Ratio:
1.27
0.60
never
-0.66
Finance within 1 year:
09/20/2023
n/a
Misc
09/20/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
443,000,000
443,000,000
09/20/2023
0
Shares (FD):
491,000,000
491,000,000
09/20/2023
0
Insider Ownership:
n/a
35%
03/22/2024
35%
Dividend (Annual):
n/a
n/a
never
n/a
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Production ETA:
n/a
06/01/2022
09/20/2023
n/a
Production (Gold Eq Oz.):
(guess) 260,000
(guess) 260,000
09/20/2023
0
Production (Silver Eq Oz.) :
(guess) 21,775,000
(guess) 21,112,283
09/20/2023
-662,717
Initial CapEx (Outstanding):
$60.00M12.62% of MCap
$60.00M15% of MCap
09/20/2023
$0.00M
Funding Option:
n/a
n/a
09/20/2023
n/a
Documentation:
none
PRODUCER
03/22/2024
n/a
Future MCap Modifier:
0.25Producer: Quality
0.25Producer: Quality
04/24/2023
0
Cash Flow Multiplier:
8
8
09/19/2023
0.00
Resource Data
GOLD
09/20/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
2.80M
2.80M
09/20/2023
0.00M
Measured & Indicated:
3.00M
3.00M
09/20/2023
0.00M
Inferred:
2.00M
2.00M
09/20/2023
0.00M
Reserves & Resources:
5.00M
5.00M
never
0.00M
P L A U S I B L E
Proven & Probable:
2.38M
2.38M
09/20/2023
0.00M
Measured & Indicated:
2.52M
2.52M
09/20/2023
0.00M
Inferred:
0.85M
0.85M
09/20/2023
0.00M
Reserves & Resources:
3.37M
3.37M
never
0.00M
C U R R E N T
Annual Production:
(guess) 260,000oz.
(guess) 260,000oz.
09/20/2023
0oz.
Cash Cost:
$1,000
$1,000
09/20/2023
$0.00
Extra Operating Cost:
$500
$500
09/20/2023
$0.00
G R A D E
Underground (Avg):
3.00 g/t
3.00 g/t
09/20/2023
n/a
Open Pit (Avg):
n/a
1.00 g/t
03/22/2024
1.00 g/t
Recovery Rate:
(CG) 85.00%
(CG) 85.00%
03/22/2024
0.00%
F U T U R E
Proven & Probable:
4.00M
4.00M
09/20/2023
0.00M
Annual Production:
350,000oz.
350,000oz.
09/20/2023
0oz.
Cash Cost:
$1,000
$1,000
09/20/2023
$0
Extra Operating Cost:
$500
$500
09/20/2023
$0
SILVER
09/20/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
09/20/2023
0.00M
Measured & Indicated:
n/a
n/a
09/20/2023
0.00M
Inferred:
n/a
n/a
09/20/2023
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
P L A U S I B L E
Proven & Probable:
n/a
n/a
09/20/2023
0.00M
Measured & Indicated:
n/a
n/a
09/20/2023
0.00M
Inferred:
n/a
n/a
09/20/2023
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
09/20/2023
$0.00
Extra Operating Cost:
n/a
n/a
09/20/2023
$0.00
G R A D E
Underground (Avg):
n/a
n/a
09/20/2023
n/a
Open Pit (Avg):
n/a
n/a
09/20/2023
n/a
Recovery Rate:
n/a
n/a
09/20/2023
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
09/20/2023
0.00M
Annual Production:
n/a
n/a
09/20/2023
n/a
Cash Cost:
n/a
n/a
09/20/2023
n/a
Extra Operating Cost:
n/a
n/a
09/20/2023
n/a
Property
Last Analysis Data (09/20/2023)
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
West Africa , Ghana
Kubi
50% (guess)
1,900
n/a
show
350,000 oz high grade deposit.
50% JV
Production in 2018 or 2019 at 35,000 oz (500 tpd).
Exploration
Ghana , Ghana
Betenase
100% (guess)
n/a
n/a
show
Early exploration.
Exploration
West Africa , Ghana
Bibiani
100% (guess)
n/a
Open Pit
show
2.5 million oz deposit.
Exploration
West Africa , Ghana
Chirano
100% (guess)
n/a
n/a
show
150,000 oz to 200,000 oz producer
1 million oz of reserves
1 million oz of M&I
Exploration
Africa , Ghana
Fahiakoba
95% (guess)
2,200
Open Pit
show
Good location, next to two large mines. Early exploration. Very little drilling.
Exploration
Ghana , Ghana
Keyhole
100% (guess)
n/a
n/a
show
Early Exploration.
Total Land Package Size (ha):
4,100
Current Data
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
West Africa , Ghana
Kubi
50% (guess)
1,900
n/a
show
350,000 oz high grade deposit.
50% JV
Production in 2018 or 2019 at 35,000 oz (500 tpd).
Exploration
Ghana , Ghana
Betenase
100% (guess)
n/a
n/a
show
Early exploration.
Exploration
West Africa , Ghana
Bibiani
100% (guess)
n/a
Open Pit
show
2.5 million oz deposit.
Exploration
West Africa , Ghana
Chirano
100% (guess)
n/a
n/a
show
150,000 oz to 200,000 oz producer
1 million oz of reserves
1 million oz of M&I
Exploration
Africa , Ghana
Fahiakoba
95% (guess)
2,200
Open Pit
show
Good location, next to two large mines. Early exploration. Very little drilling.
Exploration
Ghana , Ghana
Keyhole
100% (guess)
n/a
n/a
show
Early Exploration.
Total Land Package Size (ha):
4,100
Profitability (by resource)
Proven & Probable
09/20/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
2.80M
2.80M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-7.14M
P L A U S I B L E
Gold Eq. Oz.:
2.38M
2.38M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-6.07M
Maximum Profit (Gold):
$1,022.45M
$2,109.87M
n/a
$1,087.42M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$1,022.45M
$2,109.87M
n/a
$1,087.42M
Max Profit / Current MCap:
2.151
5.276
n/a
3.125
Max Profit Per Share (Gold):
$2.08
$4.30
n/a
$2.21
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$2.08
$4.30
n/a
$2.21
Total Free Profit Per Share:
$0.78
$3.19
n/a
$2.40
FD MCap / Gold Eq.:
$199.71
$168.03
n/a
$-31.68
FD MCap / Silver Eq.:
$2.38
$2.07
n/a
$-0.32
FD MCap / Per Metal as % Spot Price:
10.35%
7.04%
n/a
-3.31%
Measured & Indicated
09/20/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
3.00M
3.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-7.65M
P L A U S I B L E
Gold Eq. Oz.:
2.52M
2.52M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-6.41M
Maximum Profit (Gold):
$1,080.87M
$2,230.43M
n/a
$1,149.56M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$1,080.87M
$2,230.43M
n/a
$1,149.56M
Max Profit / Current MCap:
2.274
5.577
n/a
3.303
Max Profit Per Share (Gold):
$2.20
$4.54
n/a
$2.34
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$2.20
$4.54
n/a
$2.34
Total Free Profit Per Share:
$0.90
$3.43
n/a
$2.53
FD MCap / Gold Eq.:
$188.92
$158.95
n/a
$-29.97
FD MCap / Silver Eq.:
$2.26
$1.96
n/a
$-0.30
FD MCap / Per Metal as % Spot Price:
9.79%
6.66%
n/a
-3.13%
Reserves & Resources
09/20/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
5.00M
5.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-12.74M
P L A U S I B L E
Gold Eq. Oz.:
3.37M
3.37M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-8.58M
Maximum Profit (Gold):
$1,446.03M
$2,983.96M
n/a
$1,537.93M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$1,446.03M
$2,983.96M
n/a
$1,537.93M
Max Profit / Current MCap:
3.042
7.461
n/a
4.419
Max Profit Per Share (Gold):
$2.95
$6.08
n/a
$3.13
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$2.95
$6.08
n/a
$3.13
Total Free Profit Per Share:
$1.65
$4.97
n/a
$3.32
FD MCap / Gold Eq.:
$141.21
$118.81
n/a
$-22.40
FD MCap / Silver Eq.:
$1.69
$1.46
n/a
$-0.22
FD MCap / Per Metal as % Spot Price:
7.32%
4.98%
n/a
-2.34%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
09/20/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7447
CAD 0.7338
05/16/2024
Spot Gold:
$1,929.60
$2,386.50
05/16/2024
$456.90
Spot Silver:
$23.04
$29.39
05/16/2024
$6.35
Gold:Silver Ratio:
83.75
81.20
05/16/2024
-2.55
Spot Gold (Future):
$3,000.00
$3,000.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
30.00
30.00
0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
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