ASA
ASA Gold and Precious MetalsASA
ASA
About: ASA Gold And Precious Metals Ltd is a closed-end, non-diversified investment company. Its objective is to provide long-term capital appreciation through investing in companies engaged in the exploration for, development of projects, or mining of precious metals and minerals.
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
525% more call options, than puts
Call options by funds: $544K | Put options by funds: $87K
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
4% more funds holding
Funds holding: 55 [Q3] → 57 (+2) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
4% less capital invested
Capital invested by funds: $235M [Q3] → $225M (-$9.71M) [Q4]
1.17% less ownership
Funds ownership: 58.77% [Q3] → 57.6% (-1.17%) [Q4]
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
Research analyst outlook
We haven’t received any recent analyst ratings for ASA.
Financial journalist opinion
Based on 6 articles about ASA published over the past 30 days
Positive
Seeking Alpha
1 week ago
If I Could Only Buy 3 CEFs During This Crash
The market is crashing—but these 3 CEFs offer high yields, deep discounts, and recession resistance. Falling interest rates and rising uncertainty? These funds are built to thrive. Own the chaos: CEFs now on sale with up to 22% discounts.
Positive
Seeking Alpha
2 weeks ago
ASA: Gold Could Be Good Right Now, And This Fund Is A Nice Way To Get It
ASA Gold and Precious Metals Limited offers exposure to gold and precious metals, outperforming the S&P 500 and gold itself over various periods. The ASA closed-end fund invests in mining companies rather than physical metals, providing an alternative way to get exposure and expertise in the industry. Despite a low yield of 0.18%, the fund's long-term capital appreciation and tax efficiency make it an attractive option for long-term investors.
Neutral
Business Wire
2 weeks ago
Saba Capital Files Motion with U.S. District Court for the Southern District of New York to Invalidate ASA Gold and Precious Metals' Latest Unlawful Poison Pill
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Fund”), today announced that it has filed a motion with the United States District Court for the Southern District of New York (the “Court”) to enforce its March 28, 2025 ruling by invalidating the latest poison pill issued by ASA on March 31, 2025. The ruling stems from a lawsuit Saba brough.
Neutral
Business Wire
2 weeks ago
ASA Gold and Precious Metals Fund Adopts Limited-Duration Shareholder Rights Plan
PORTLAND, Maine--(BUSINESS WIRE)--The Rights Plan Committee (the “Committee”) of the Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (“ASA” or the “Company”) (NYSE: ASA) has unanimously adopted a limited-duration shareholder rights plan (“Rights Plan”) to protect the interests of the Company and all of its shareholders. The Rights Plan will expire at the close of business on July 29, 2025 or upon the certification of the election of a new Board at the Company's next sha.
Neutral
Business Wire
2 weeks ago
Court Rules in Litigation Over ASA Gold and Precious Metals Fund Shareholder Rights Plans
PORTLAND, Maine--(BUSINESS WIRE)--The Litigation Committee (the “Committee”) of the Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (“ASA” or the “Company”) (NYSE: ASA) announced that the United States District Court for the Southern District of New York granted a motion for summary judgment in litigation over the Company's limited-duration shareholder rights plans. In its March 28, 2025 ruling, the court held that the Company's shareholder rights plan adopted on Decemb.
Neutral
Business Wire
2 weeks ago
ASA Gold and Precious Metals Limited Announces Semi-Annual Distribution Declaration
PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) announced today that it has declared a distribution of $0.03 per common share of the Company payable on May 14, 2025, to shareholders of record of the Company's common shares as of the close of business on May 5, 2025. This distribution represents a $0.01 per common share increase as compared to last year. The Company has paid periodic distributions on an uninterrupted basis since 1959. The Compan.
Neutral
Business Wire
3 months ago
ASA Gold and Precious Metals Fund Adopts Limited-Duration Shareholder Rights Plan
PORTLAND, Maine--(BUSINESS WIRE)--The Rights Plan Committee (the “Committee”) of the Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (“ASA” or the “Company”) (NYSE: ASA) has unanimously adopted a limited-duration shareholder rights plan (“Rights Plan”) to protect the interests of the Company and all of its shareholders. The current rights plan will expire at the close of business on December 20, 2024. The terms of the newly adopted Rights Plan are substantively identica.
Positive
Seeking Alpha
5 months ago
CEF Insights: Gold Sector Review And 2025 Outlook
Gold continues to trade near all-time highs. As the broader market sees interest rate cuts and improving inflation mixed with challenging federal deficits, an election, and other factors, where can investors find potential opportunities? Gain insight into gold, precious metals and minerals with a sector review and outlook from Merk Investments President and Chief Investment Officer Axel Merk.
Neutral
Business Wire
6 months ago
ASA Gold and Precious Metals Limited Announces Distribution Declaration
PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) declared a distribution of $0.02 per common share of the Company. The distribution is payable on November 20, 2024 to shareholders of record as of the close of business on November 13, 2024. Consistent with the Company's semi-annual distribution in May 2024, this distribution represents a $0.01 per common share increase as compared to last year, doubling the rate per share that has been paid on a.
Neutral
Business Wire
7 months ago
ASA Gold and Precious Metals Fund Adopts Limited-Duration Shareholder Rights Plan
PORTLAND, Maine--(BUSINESS WIRE)--The Rights Plan Committee (the “Committee”) of the Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (“ASA” or the “Company”) (NYSE:ASA) has unanimously adopted a limited-duration shareholder rights plan (“Rights Plan”) to protect the interests of the Company and all of its shareholders. The Rights Plan is currently effective and will expire at the close of business on December 20, 2024. The terms of the Rights Plan are substantively iden.
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