Table of Contents

company-logo

Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, and development of mineral resource properties in the Republic of Ghana. It holds 100% interest in the Fahiakoba concession situated in the Ashanti and Central regions in the Republic of Ghana; and 90% interest in the Bibiani gold mine located in the western region of Ghana. The company also has an option to acquire a 100% interest in the Betenase permit located in Ghana; 90% interest in the Kubi Mining lease located in southwest Ghana; and 100% interest in the Keyhole Gold project. Asante Gold Corporation was incorporated in 2011 and is based in Vancouver, Canada.

Asante Gold Dividend Announcement

• Asante Gold does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Asante Gold dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Asante Gold Dividend History

Asante Gold Dividend Yield

Asante Gold current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Asante Gold stock? Use our calculator to estimate your expected dividend yield:

Asante Gold Financial Ratios

P/E ratio-8.63
PEG ratio0.58
P/B ratio-32.98
ROE-1334.02%
Payout ratio0.00%
Current ratio0.22
Quick ratio0.09
Cash Ratio0.04

Asante Gold Dividend FAQ

Does Asante Gold stock pay dividends?
Asante Gold does not currently pay dividends to its shareholders.
Has Asante Gold ever paid a dividend?
No, Asante Gold has no a history of paying dividends to its shareholders. Asante Gold is not known for its dividend payments.
Why doesn't Asante Gold pay dividends?
There are several potential reasons why Asante Gold would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Asante Gold ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Asante Gold has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Asante Gold a dividend aristocrat?
Asante Gold is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Asante Gold a dividend king?
Asante Gold is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Asante Gold a dividend stock?
No, Asante Gold is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Asante Gold stocks?
To buy Asante Gold you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Asante Gold stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.