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Asante Gold Corp
CNSX:ASE

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Asante Gold Corp
CNSX:ASE
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Price: 1.01 CAD -0.98% Market Closed
Market Cap: 506.1m CAD
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Operating Margin
Asante Gold Corp

-12.4%
Current
-26%
Average
5.5%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-12.4%
=
Operating Profit
-57.5m
/
Revenue
465.9m

Operating Margin Across Competitors

Country CA
Market Cap 473.9m CAD
Operating Margin
-12%
Country RU
Market Cap 70.4T USD
Operating Margin
51%
Country ZA
Market Cap 240.7B Zac
Operating Margin
37%
Country ZA
Market Cap 102B Zac
Operating Margin
23%
Country CN
Market Cap 421.3B CNY
Operating Margin
14%
Country US
Market Cap 44.8B USD
Operating Margin
18%
Country CA
Market Cap 60.2B CAD
Operating Margin
34%
Country CA
Market Cap 39.9B CAD
Operating Margin
28%
Country CA
Market Cap 37.7B CAD
Operating Margin
54%
Country CA
Market Cap 35.3B CAD
Operating Margin
63%
Country RU
Market Cap 2T RUB
Operating Margin
62%
No Stocks Found

Asante Gold Corp
Glance View

Market Cap
473.9m 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
1.2 CAD
Undervaluation 16%
Intrinsic Value
Price
A
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-12.4%
=
Operating Profit
-57.5m
/
Revenue
465.9m
What is the Operating Margin of Asante Gold Corp?

Based on Asante Gold Corp's most recent financial statements, the company has Operating Margin of -12.4%.