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Asante Gold (XCNQ:ASE) FCF Yield % : -8.53 (As of May. 17, 2024)


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What is Asante Gold FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Asante Gold's Trailing 12-Month Free Cash Flow is C$-42.6 Mil, and Market Cap is C$498.8 Mil. Therefore, Asante Gold's FCF Yield % for today is -8.53%.

The historical rank and industry rank for Asante Gold's FCF Yield % or its related term are showing as below:

XCNQ:ASE' s FCF Yield % Range Over the Past 10 Years
Min: -8.7   Med: 0.84   Max: 8.33
Current: -8.53


During the past 13 years, the highest FCF Yield % of Asante Gold was 8.33%. The lowest was -8.70%. And the median was 0.84%.

XCNQ:ASE's FCF Yield % is ranked better than
59.87% of 2709 companies
in the Metals & Mining industry
Industry Median: -12.75 vs XCNQ:ASE: -8.53

Asante Gold's FCF Margin % for the quarter that ended in Jan. 2024 was -29.35%.


Asante Gold FCF Yield % Historical Data

The historical data trend for Asante Gold's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Asante Gold FCF Yield % Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.91 -19.64 -10.29 3.99 -6.38

Asante Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.52 -10.47 -1.60 24.00 -31.05

Competitive Comparison of Asante Gold's FCF Yield %

For the Gold subindustry, Asante Gold's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Asante Gold's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asante Gold's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Asante Gold's FCF Yield % falls into.



Asante Gold FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Asante Gold's FCF Yield % for the fiscal year that ended in Jan. 2024 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-42.584 / 667.5225
=-6.38%

Asante Gold's annualized FCF Yield % for the quarter that ended in Jan. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-51.813 * 4 / 667.5225
=-31.05%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Asante Gold FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Asante Gold FCF Yield % Related Terms

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Asante Gold (XCNQ:ASE) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp is an exploration stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has also acquired the Bibiani gold mine from Resolute Mining.
Executives
Eben Swanepoel Senior Officer

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