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Asante Gold Corp
CNSX:ASE

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Asante Gold Corp
CNSX:ASE
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Price: 2.02 CAD 1.51%
Market Cap: CA$1B

Gross Margin

-10.3%
Current
Improving
by 7.3%
vs 3-y average of -17.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-10.3%
=
Gross Profit
CA$-48.7m
/
Revenue
CA$473.9m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-10.3%
=
Gross Profit
CA$-48.7m
/
Revenue
CA$473.9m

Peer Comparison

Country Company Market Cap Gross
Margin
CA
Asante Gold Corp
CNSX:ASE
1B CAD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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ZA
Gold Fields Ltd
JSE:GFI
828.8B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
213.9B ZAR
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CN
Zijin Mining Group Co Ltd
SSE:601899
1T CNY
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US
Newmont Corporation
NYSE:NEM
137.2B USD
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AU
Greatland Gold PLC
ASX:GGP
179B AUD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
166.6B CAD
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CA
Barrick Gold Corp
TSX:ABX
117.7B CAD
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CA
Barrick Mining Corp
F:ABR0
72.7B EUR
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HK
Zijin Gold International Co Ltd
HKEX:2259
616.6B HKD
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Market Distribution

Lower than 91% of companies in Canada
Percentile
9th
Based on 4 108 companies
9th percentile
-10.3%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

Asante Gold Corp
Glance View

Market Cap
1B CAD
Industry
Metals & Mining

Asante Gold Corp. operates as a gold exploration and development company. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2012-03-01. The firm is focused on developing projects including the Bibiani and Kubi Gold mines located on the prolific Bibiani and Ashanti Gold Belts. The company has six project sites in Ghana, West Africa, of which two are in the development stage and four in exploration. Ghana has the gold endowment in West Africa, with over 130Moz in minable reserves. The majority of gold deposits in Ghana are located in or adjacent to the Ashanti Belt and the Bibiani-Sefwi Belt. The Bibiani deposit is hosted within meta-sediments of the Kumasi-Afema basin, on the eastern margin of the Bibiani-Sefwi Belt. Kubi Gold mines is located in south west Ghana, immediately south of AngloGold Ashanti's Obuasi mine, approximately 66-million-ounce pre-mining resource, and 25 kilometers east of Perseus Mining Limited's approximately 6.6 million-ounce Edikan Gold Mine.

ASE Intrinsic Value
HIDDEN
Show
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
-10.3%
=
Gross Profit
CA$-48.7m
/
Revenue
CA$473.9m
What is Asante Gold Corp's current Gross Margin?

The current Gross Margin for Asante Gold Corp is -10.3%, which is above its 3-year median of -17.6%.

How has Gross Margin changed over time?

Over the last 3 years, Asante Gold Corp’s Gross Margin has increased from -31.9% to -10.3%. During this period, it reached a low of -32.5% on Apr 30, 2023 and a high of -1% on Apr 30, 2025.

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