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Asante Gold (Asante Gold) Price-to-Tangible-Book : (As of May. 06, 2024)


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What is Asante Gold Price-to-Tangible-Book?

As of today (2024-05-06), Asante Gold's share price is $0.877. Asante Gold's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $-0.02. Hence, Asante Gold's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Asante Gold's Price-to-Tangible-Book or its related term are showing as below:

During the past 12 years, Asante Gold's highest Price to Tangible Book Ratio was 28.30. The lowest was 0.70. And the median was 2.25.

ASGOF's Price-to-Tangible-Book is not ranked *
in the Metals & Mining industry.
Industry Median: 1.305
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Asante Gold's share price is $0.877. Asante Gold's Book Value per Sharefor the quarter that ended in Oct. 2023 was $-0.02. Hence, Asante Gold's P/B Ratio of today is .


Asante Gold Price-to-Tangible-Book Historical Data

The historical data trend for Asante Gold's Price-to-Tangible-Book 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.

* Premium members only.

Asante Gold Price-to-Tangible-Book Chart

Asante Gold Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.15 2.78 3.80 6.98

Asante Gold Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Price-to-Tangible-Book 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 2.49 6.98 10.94 28.00 -

Competitive Comparison of Asante Gold's Price-to-Tangible-Book

For the Gold subindustry, Asante Gold's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



Asante Gold Price-to-Tangible-Book Calculation

Asante Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=0.877/-0.022
=

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Asante Gold Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Asante Gold's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Asante Gold (Asante Gold) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp is an exploration stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has also acquired the Bibiani gold mine from Resolute Mining.

Asante Gold (Asante Gold) Headlines

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