Frankfurt Stock Exchange · Basic Materials
Invest in Asante Gold stock from India
Indian and foreign residents can buy Asante Gold (1A9) shares directly through Paasa.
By Paasa · Updated
Asante Gold at a glance
- Price
- €0.51-€0.01 (0.96%)
- Market cap
- €464.65M
- Day range
- €0.51 – €0.51
- P/E
- -1.17
- Dividend yield
- None
- Volume
- 5.00K
- 1 month
- -21.27%
- 6 months
- -24.89%
- YTD
- -48.03%
- 1 year
- -64.27%
- 5 years
- -30.00%
Asante Gold statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $535.7M | $676.3M | $575.2M | $274.7M | $0.0 |
| Gross profit | −$80.3M | −$19.6M | −$157.5M | −$116.6M | −$1.2M |
| Operating income | −$116.7M | −$76.8M | −$185.2M | −$131.7M | −$9.4M |
| Net income | −$371.3M | −$110.8M | −$132.2M | −$177.1M | −$8.5M |
| Earnings per share | −$0.56 | −$0.24 | −$0.31 | −$0.53 | −$0.05 |
| EBITDA | $30.5M | $77.1M | −$21.6M | −$53.5M | −$8.2M |
| Total assets | $937.8M | $1.1B | $915.6M | $977.6M | $226.9M |
| Total debt | $333.0M | $26.4M | $250.1M | $224.0M | $1.5M |
| Cash and short-term investments | $47.1M | $40.4M | $24.6M | $40.9M | $13.4M |
| Shareholders' equity | $3.2M | $26.1M | $29.5M | $97.3M | $81.8M |
| Operating cash flow | −$109.1M | $233.7M | $65.2M | $245.9M | −$2.3M |
| Free cash flow | −$356.3M | $54.5M | −$41.4M | $27.3M | −$31.1M |
| Capital expenditure | −$247.2M | −$179.1M | −$106.6M | −$218.6M | −$28.9M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| VERBIO Vereinigte BioEnergie | VBK.DE | €28.40 | €1.81B |
| Klöckner | KCO.DE | €12.22 | €1.22B |
| International Tower Hill Mines | 1I1.F | €2.23 | €582.14M |
| SGL Carbon | SGL.DE | €4.76 | €582.01M |
| Probe Gold | V46.F | €2.24 | €456.96M |
| Nuveen Municipal Credit Opportunities Fund | 2ZR.F | €7.65 | €423.73M |
| Standard Lithium | S5L.F | €1.63 | €396.51M |
| Prospector Metals | 1ET.F | €0.49 | €77.75M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Asante Gold from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search 1A9 and buy
Find Asante Gold by name or by its ticker, 1A9, and place your order.
Why invest in Asante Gold from India
What Asante Gold does
Asante Gold Corporation functions as a mineral resource enterprise, dedicating its operations to the acquisition, exploration, development, and management of mineral properties exclusively within the Republic of Ghana. The company's asset holdings include full ownership of the Fahiakoba concession, which spans Ghana's Ashanti and Central regions, and a 90% stake in the Bibiani gold mine, located in the country's western region. Asante Gold operates in the Gold industry within the Basic Materials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Asante Gold stock from India?
Yes. Indian residents and NRIs can buy Asante Gold (1A9) shares directly through Paasa. Asante Gold is listed on the Frankfurt Stock Exchange, in the Gold industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Asante Gold dividends taxed for Indian investors?
Asante Gold trades on the Frankfurt Stock Exchange but is domiciled in Canada, so any withholding on its dividends follows that country's rules rather than those of Germany. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Asante Gold shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the EUR/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.