Asante Gold's Operating Income for the
three
months ended in Mar. 2026 was $45.9 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-53.5 Mil.
Warning Sign:
Asante Gold Corp had lost money in 92% of the time over the past 12quarters.
Operating Margin % is calculated as Operating Income divided by its Revenue. Asante Gold's Operating Income for the
three
months ended in Mar. 2026 was $45.9 Mil. Asante Gold's Revenue for the
three
months ended in Mar. 2026 was $300.4 Mil. Therefore, Asante Gold's Operating Margin % for the quarter that ended in Mar. 2026 was 15.28%.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Asante Gold's annualizedROC % for the quarter that ended in Mar. 2026 was 0.00%.
Asante Gold's annualizedROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.35%.
Asante Gold (OTCPK:ASGOF) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Asante Gold's annualizedROC % for the quarter that ended in Mar. 2026 is calculated as:
* 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.
4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.
Be Aware
Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Asante Gold Operating Income Related Terms
Asante Gold Operating Income Historical Data
* Premium members only.
The historical data trend for Asante Gold's Operating Income 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.
Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.
Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-53.5 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 (ASGOF) has a Operating Income of $-53.5 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Asante Gold and its competitors.
Is Asante Gold's Operating Income too high?
Asante Gold's current Operating Income is $-53.5 Mil. Overall, Asante Gold has a GF Score™ of 20/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Operating Income compare to NEM and AU?
Asante Gold's Operating Income of $-53.5 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 Operating Income for a Metals & Mining company?
A good Operating Income depends on the Metals & Mining industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Asante Gold and its competitors. Asante Gold's current Operating Income is $-53.5 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 $0.57 — trading 44.3% below its estimated fair value. The current Operating Income is $-53.5 Mil. Asante Gold's overall GF Score™ is 20/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Asante Gold (ASGOF), the current Operating Income is $-53.5 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 $0.57 is trading 44.3% below its estimated GF Value™ of $1.02.
GuruFocus considers Asante Gold to be Possible Value Trap.
Key valuation signals for ASGOF:
Operating Income: $-53.5 Mil
GF Value™: $1.02 vs. price of $0.57 (44.3% below fair value)
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.
20GF Score
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