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.
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.
Asante GoldASGOF +12.74%38 3-1 Month Momentum % is -37.96% as of Jul. 23, 2026. GuruFocus rates ASGOF with a GF Score™ of 38/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,527 Metals & Mining companies, Asante Gold ranks worse than 90.38% on this metric.
3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-23), Asante Gold's 3-1 Month Momentum % is -37.96%.
The industry rank for Asante Gold's 3-1 Month Momentum % or its related term are showing as below:
ASGOF's 3-1 Month Momentum % is ranked worse than 90.38% of 2527
companies
in the Metals & Mining industry
Industry Median: -12.5
vs ASGOF: -37.96
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Asante Gold 3-1 Month Momentum % Related Terms
ASGOF vs NEM, AU: 3-1 Month Momentum % Comparison
For the Gold subindustry, Asante Gold's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % 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 3-1 Month Momentum % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asante Gold's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Asante Gold's 3-1 Month Momentum % 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.
Asante Gold (ASGOF) has a 3-1 Month Momentum % of -37.96% as of Jul. 23, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Asante Gold and its competitors. According to the industry distribution chart, Asante Gold ranks #2284 out of 2527 companies in the Metals & Mining industry, placing it in the top 90.4%.
Is Asante Gold's 3-1 Month Momentum % too high?
Asante Gold's current 3-1 Month Momentum % is -37.96%. Based on the distribution chart, Asante Gold ranks #2284 out of 2527 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Asante Gold has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's 3-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #2284 out of 2527 companies for 3-1 Month Momentum %. This places Asante Gold in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Metals & Mining company?
A good 3-1 Month Momentum % depends on the Metals & Mining industry context. However, 3-1 Month Momentum % 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 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Asante Gold and its competitors. Asante Gold's current 3-1 Month Momentum % is -37.96%. 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 $0.58 — trading 42.7% below its estimated fair value. The current 3-1 Month Momentum % is -37.96%. Asante Gold's overall GF Score™ is 38/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Asante Gold (ASGOF), the current 3-1 Month Momentum % is -37.96% as of Jul. 23, 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 $0.58 is trading 42.7% below its estimated GF Value™ of $1.02.
GuruFocus considers Asante Gold to be Possible Value Trap.
Key valuation signals for ASGOF:
3-1 Month Momentum %: -37.96%
GF Value™: $1.02 vs. price of $0.58 (42.7% 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.
38GF Score
Get the complete analysis for ASGOF
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASGOF has been successfully added to your 
