Gross Margin % is calculated as gross profit divided by its revenue. Asante Gold's Gross Profit for the
three
months ended in Mar. 2026 was $60.5 Mil. Asante Gold's Revenue for the
three
months ended in Mar. 2026 was $300.4 Mil. Therefore, Asante Gold's Gross Margin % for the quarter that ended in Mar. 2026 was 20.15%.
The historical rank and industry rank for Asante Gold's Gross Margin % or its related term are showing as below:
ASGOF'
s Gross Margin % Range Over the Past 10 Years
Min: -29.56 Med: -27.2 Max: 0.1
Current: 0.1
During the past 13 years, the highestGross Margin % of Asante Gold was 0.10%. The lowest was -29.56%. And the median was -27.20%.
ASGOF's Gross Margin % is ranked worse than 90.68% of 730
companies
in the Metals & Mining industry
Industry Median: 26.175
vs ASGOF: 0.10
Asante Gold had a gross margin of 20.15% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Asante Gold was 0.00% per year.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Asante Gold had a gross margin of 20.15% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Asante Gold Gross Margin % Related Terms
Asante Gold Gross Margin % Historical Data
* Premium members only.
The historical data trend for Asante Gold's Gross Margin % 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 Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asante Gold's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Asante Gold's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Asante Gold (ASGOF) has a Gross Margin % of 20.15% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Asante Gold and its competitors. According to the industry distribution chart, Asante Gold ranks #662 out of 730 companies in the Metals & Mining industry, placing it in the top 90.7%.
Is Asante Gold's Gross Margin % too high?
Asante Gold's current Gross Margin % is 20.15%. The Metals & Mining industry median Gross Margin % is 26.18. Asante Gold's value of 20.15% is 23% below this industry median. Based on the distribution chart, Asante Gold ranks #662 out of 730 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. 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 Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #662 out of 730 companies for Gross Margin %. This places Asante Gold in the lower half of its industry. The industry median Gross Margin % is 26.18. Asante Gold's value of 20.15% is 23% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.18, based on 730 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asante Gold's current Gross Margin % of 20.15% is 23% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Asante Gold and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asante Gold's current Gross Margin % is 20.15%. 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 Gross Margin % is 20.15% and 23% below the Metals & Mining industry median of 26.18. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Asante Gold (ASGOF), the current Gross Margin % is 20.15% 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:
Gross Margin %: 20.15%
GF Value™: $1.02 vs. price of $0.51 (50.4% below fair value)
Industry Position: 23% below the Metals & Mining median (#662 of 730)
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 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
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