ASGOF (Asante Gold) Net Cash per Share: $-0.99 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASGOF Asante Gold Corp ASGOF
20 GF Score
Price $0.72
! 6 Warning Signs
View Full Analysis

What is Asante Gold Net Cash per Share?

Asante Gold ASGOF 20 Net Cash per Share is $-0.99 as of Jun. 2026. GuruFocus rates ASGOF with a GF Score™ of 20/100. The stock has 6 warning signs investors should review. Among 1,061 Metals & Mining companies, Asante Gold ranks worse than 94250.61% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Asante Gold's Net Cash per Share for the quarter that ended in Jun. 2026 was $-0.99.

The historical rank and industry rank for Asante Gold's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of Asante Gold was 13.17. The lowest was 8.00. And the median was 10.59.

ASGOF's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7.43
* Ranked among companies with meaningful Price-to-Net-Cash only.

Asante Gold  (OTCPK:ASGOF) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Asante Gold Net Cash per Share Related Terms


Asante Gold Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Asante Gold's Net Cash per Share 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 Net Cash per Share Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.02 -0.41 -1.73 -1.48

Asante Gold Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Mar26 Jun26
Net Cash per Share 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 -1.42 -1.58 -1.00 -0.90 -0.99

ASGOF vs NEM, AU: Net Cash per Share Comparison

For the Gold subindustry, Asante Gold's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asante Gold's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Asante Gold's Price-to-Net-Cash falls into.


ASGOF
20GF Score
Asante Gold Corp ASGOF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asante Gold Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Asante Gold's Net Cash per Share for the fiscal year that ended in Jan. 2024 is calculated as

Net Cash per Share (A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.982-640.938-20.44)/445.095
=-1.48

Asante Gold's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(61.326-949.46-4.351)/903.104
=-0.99

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-0.99 mean?
Asante Gold (ASGOF) has a Net Cash per Share of $-0.99 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Asante Gold and its competitors. Over the past decade, Asante Gold's Net Cash per Share has ranged from 8.00 to 13.17. According to the industry distribution chart, Asante Gold ranks #999999 out of 1061 companies in the Metals & Mining industry.
Is Asante Gold's Net Cash per Share too high?
Asante Gold's current Net Cash per Share is $-0.99. Over the past 10 years, this metric has ranged from a low of 8.00 to a high of 13.17. Based on the distribution chart, Asante Gold ranks #999999 out of 1061 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Asante Gold has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Net Cash per Share compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #999999 out of 1061 companies for Net Cash per Share. This places Asante Gold in the lower half of its industry. The industry median Net Cash per Share is 7.43. Historically, Asante Gold's own Net Cash per Share has ranged from 8.00 to 13.17 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.43, based on 1,061 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Asante Gold and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asante Gold's current Net Cash per Share is $-0.99. 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 (ASGOF) has a current Net Cash per Share of $-0.99. The current Net Cash per Share is $-0.99. Asante Gold's overall GF Score™ is 20/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Asante Gold (ASGOF), the current Net Cash per Share is $-0.99 as of Jun. 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 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.
20GF Score

Get the complete analysis for ASGOF

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.72
Price