ASGOF (Asante Gold) Construction In Progress: $40.9 Mil (As of Mar. 2026)


ASGOF Asante Gold Corp ASGOF
33 GF Score
Price $0.51
GF Value $1.02
Valuation Possible Value Trap
! 5 Warning Signs
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What is Asante Gold Construction In Progress?

Asante Gold ASGOF +10.05% 33 Construction In Progress is $40.9 Mil as of Mar. 2026. GuruFocus rates ASGOF with a GF Score™ of 33/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 5 warning signs investors should review.

Asante Gold's quarterly construction in progress increased from Jul. 2025 ($53.4 Mil) to Oct. 2025 ($80.7 Mil) but then declined from Oct. 2025 ($80.7 Mil) to Mar. 2026 ($40.9 Mil).

Asante Gold's annual construction in progress stayed the same from Jan. 2022 ($0.0 Mil) to Jan. 2023 ($0.0 Mil) but then increased from Jan. 2023 ($0.0 Mil) to Jan. 2024 ($10.6 Mil).

Asante Gold Construction In Progress Historical Data

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The historical data trend for Asante Gold's Construction In Progress 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.

Asante Gold Construction In Progress Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 10.64

Asante Gold Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Mar26
Construction In Progress 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 24.54 35.89 53.38 80.73 40.95
ASGOF
33GF Score
Asante Gold Corp ASGOF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Asante Gold Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $40.9 Mil mean?
Asante Gold (ASGOF) has a Construction In Progress of $40.9 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Asante Gold and its competitors.
Is Asante Gold's Construction In Progress too high?
Asante Gold's current Construction In Progress is $40.9 Mil. Overall, Asante Gold has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Construction In Progress compare to NEM and AU?
Asante Gold's Construction In Progress of $40.9 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Asante Gold and its competitors. Asante Gold's current Construction In Progress is $40.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asante Gold stock overvalued right now?
Based on GuruFocus' analysis, Asante Gold (ASGOF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.02, compared to a current price of $0.51 — trading 50.4% below its estimated fair value. The current Construction In Progress is $40.9 Mil. Asante Gold's overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Asante Gold (ASGOF), the current Construction In Progress is $40.9 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asante Gold (ASGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Asante Gold stock appears to be undervalued. The current stock price of $0.51 is trading 50.4% below its estimated GF Value™ of $1.02. GuruFocus considers Asante Gold to be Possible Value Trap.

Key valuation signals for ASGOF:

  • Construction In Progress: $40.9 Mil
  • GF Value™: $1.02 vs. price of $0.51 (50.4% below fair value)
  • GF Score™: 33/100 with 5 warning signs

No single metric tells the full story. See the ASGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asante Gold Business Description

Address 800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp business activity is the operation of its two gold mines, the Bibiani Gold Mine and the Chirano Gold Mine, in the Republic of Ghana through a holding of interest in its subsidiaries. The Company is conducting exploration activities on properties assessed to be of merit for locating additional mineral resources, and has acquired or has options to acquire mining concession rights to additional properties in Ghana, where it is actively engaged in exploration and evaluation activities. The Company reports the results of two operating segments, the Bibiani Gold Mine and the Chirano Gold Mine, which generate maximum revenue.
33GF Score

Get the complete analysis for ASGOF

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.51
Price
$1.02
GF Value