ASG - Asante Gold Corp
Asante Gold Corporation is a gold exploration, development, and operating company with a portfolio of projects in Ghana. The company is currently closing the acquisition of the Chirano Gold Mine from Kinross Gold Corporation and developing to production its Bibiani and Kubi Gold mines located on the Bibiani and Ashanti Gold Belts. Asante Gold is listed on the Canadian Securities Exchange, the Ghana Stock Exchange, and quoted on the Frankfurt Stock Exchange. Asante is also exploring its Keyhole, Fahiakoba, and Betenase projects for new discoveries, all adjoining or along strike of major gold mines near the center of Ghana’s Golden Triangle.
The Bibiani Gold Mine is a historically significant Ghanaian gold mine situated in the Western North region of Ghana. Bibiani has a previous production of +4Moz, and is fully permitted with available mining and processing infrastructure on site consisting of a 3 million tonne per annum mill and processing plant. The Chirano Gold Mine is an operating open-pit and underground mining operation located in southwestern Ghana, immediately south of the Bibiani Gold Mine. Chirano was first explored and developed in 1996 and began production in October 2005. The Gold Equivalent Production of the mine in 2021 was 154,668 oz on a 100% basis.
Asante Gold Corp is listed on the Ghana Stock Exchange (GSE) since June 29th, 2022. Asante Gold is traded on the GSE under the ticker symbol “ASG”. The International Securities Identification Number (ISIN) of GSE:ASG is CA04341X1078. Asante Gold Corp is currently the sixth most valuable stock on the GSE with a market capitalization of GHS 4.17 billion, which is about 4.04% of the Ghana Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 2.0247 |
| Price/Earning Ratio | 4.39 |
| Dividend Per Share | 0.00 |
| Dividend Yield | 0% |
| Shares Outstanding | 469M |
| Market Capitalization | 4.17B |
ASG Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| 6MO | 1YR | YTD |
|---|---|---|
The current share price of Asante Gold Corp (ASG) is GHS 8.89. ASG closed its last trading day (Monday, October 2, 2023) at 8.89 GHS per share on the Ghana Stock Exchange (GSE), recording a 0.1% gain over its previous closing price of 8.88 GHS. The table below details the last 10 trading days of activity of Asante Gold on the Ghana Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-10-02 | 100,000 | 8.89 | +0.01 | +0.11% |
| 2023-09-13 | 111,073 | 8.88 | +0.01 | +0.11% |
| 2023-05-12 | 68,928 | 8.87 | ||
| 2023-05-11 | 12,318 | 8.87 | ||
| 2023-04-19 | 1,154 | 8.87 | ||
| 2023-02-07 | 2,230 | 8.87 | ||
| 2023-02-06 | 16,000 | 8.87 | ||
| 2022-08-08 | 240,282 | 8.87 | ||
| 2022-08-05 | 9,718 | 8.87 | ||
| 2022-07-07 | 100 | 8.87 |
Profile of Asante Gold Corporation
Asante Gold Corporation operates in the Basic Materials sector, specifically, the Mining industry.
Factsheet of Asante Gold Corporation
- Sector
- Basic Materials
- Industry
- Mining
- Address
- Suite 615 - 800 West Pender Street, Vancouver, BC V6C 2V6, Canada
- Telephone
- +1-604-558-1134
- info@asantegold.com
- Website
- asantegold.com
ASG Industrial Market Competitors
Asante Gold Corporation, issuers of the ASG stock on the Ghana Stock Exchange, have three market competitors who are also engaged in the Basic Materials sector and/or Mining industry. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| ALLGH | Atlantic Lithium Ltd | 3.99B | 6.14 | +39.6% |
| AGA | AngloGold Ashanti Limited | 15.5B | 37.00 | |
| AADS | AngloGold Ashanti Depositary Shares | 40.1M | 0.41 |