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Asante GoldTSXV:ASE +1.02%27 EV-to-OCF is 10.42 as of Sep. 20, 2026, which is 209% above its 10-year median of 3.37. GuruFocus rates TSXV:ASE with a GF Score™ of 27/100. The stock has 6 warning signs investors should review. Among 2,676 Metals & Mining companies, Asante Gold ranks better than 85.65% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Asante Gold's Enterprise Value is C$1,232.2 Mil.
Asante Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was C$118.2 Mil. Therefore, Asante Gold's EV-to-OCF for today is 10.42.
The historical rank and industry rank for Asante Gold's EV-to-OCF or its related term are showing as below:
TSXV:ASE'
s EV-to-OCF Range Over the Past 10 Years
Min: -51.24 Med: 3.37 Max: 9.67
Current: -47.59
During the past 13 years, the highest EV-to-OCF of Asante Gold was 9.67. The lowest was -51.24. And the median was 3.37.
TSXV:ASE's EV-to-OCF is ranked better than 85.65% of 2676
companies
in the Metals & Mining industry
Industry Median: -8.48
vs TSXV:ASE: -47.59
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Asante Gold's PE Ratio (TTM) for today is calculated as:
Asante Gold's share price for today is C$0.99.
Asante Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.061.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Asante Gold EV-to-OCF Related Terms
Asante Gold EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Asante Gold's EV-to-OCF 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.
For the Gold subindustry, Asante Gold's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asante Gold's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Asante Gold's EV-to-OCF falls into.
Asante Gold's current Enterprise Value is C$1,232.2 Mil.
Asante Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$118.2 Mil.
* 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 (TSXV:ASE) has a EV-to-OCF of 10.42 as of Sep. 20, 2026. This is 209% above median its historical median of 3.37. According to the industry distribution chart, Asante Gold ranks #384 out of 2676 companies in the Metals & Mining industry, placing it in the top 14.3%.
Is Asante Gold's EV-to-OCF too high?
Asante Gold's current EV-to-OCF of 10.42 is 209% above median its 10-year median of 3.37. Based on the distribution chart, Asante Gold ranks #384 out of 2676 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Asante Gold has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's EV-to-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #384 out of 2676 companies for EV-to-OCF. This places Asante Gold in the top 14% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Metals & Mining company?
A good EV-to-OCF depends on the Metals & Mining industry context. However, EV-to-OCF 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Asante Gold's current EV-to-OCF is 10.42, which is 209% above median its own 10-year median of 3.37. 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?
Asante Gold (TSXV:ASE) has a current EV-to-OCF of 10.42. The current EV-to-OCF is 10.42, which is 209% above median its 10-year median of 3.37. Asante Gold's overall GF Score™ is 27/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Asante Gold (TSXV:ASE), the current EV-to-OCF is 10.42 as of Sep. 20, 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.
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.
27GF Score
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