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 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
11% more capital invested
Capital invested by funds: $213M [Q2] → $235M (+$22.4M) [Q3]
10% more funds holding
Funds holding: 50 [Q2] → 55 (+5) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
9% less call options, than puts
Call options by funds: $299K | Put options by funds: $328K
4.01% less ownership
Funds ownership: 62.78% [Q2] → 58.77% (-4.01%) [Q3]
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
Research analyst outlook
We haven’t received any recent analyst ratings for ASA.
Financial journalist opinion
Neutral
Business Wire
3 days 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
1 month 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
2 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
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 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.
Positive
Seeking Alpha
6 months ago
ASA: Gold Stocks Cheap Versus Gold Price, Own At A Large Discount To NAV
ASA Gold and Precious Metals Limited is a closed-end fund with a long history, now focusing on junior gold miners. The fund has traded at a consistent discount to NAV, leading to activist investor involvement and board changes. ASA's potential for discount to NAV to close in the future, along with bullish outlook for gold sector, make it an attractive investment option.
Neutral
Business Wire
7 months ago
ASA Gold and Precious Metals Limited Announces Results of Vote at Annual General Meeting
PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited Announces Results of Vote at Annual General Meeting.
Neutral
Business Wire
7 months ago
ASA Gold and Precious Metals Shareholders Elect Saba Capital Nominees to the Fund's Board of Directors
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (“Saba” or “we”), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Fund”), today commented on the outcome of the Fund's 2024 Annual Meeting of Shareholders (the “Annual Meeting”). Based on preliminary results of the Annual Meeting, shareholders voted to elect Saba nominees Ketu Desai and Paul Kazarian to ASA's Board of Directors (the “Board”). No other nominee, including the incumbent direc.
Neutral
Business Wire
7 months ago
ASA Gold and Precious Metals Board Shareholders Elect Saba Capital Nominees to the Fund's Board of Directors
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (“Saba” or “we”), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Fund”), today commented on the outcome of the Fund's 2024 Annual Meeting of Shareholders (the “Annual Meeting”). Based on preliminary results of the Annual Meeting, shareholders voted to elect Saba nominees Ketu Desai and Paul Kazarian to ASA's Board of Directors (the “Board”). No other nominee, including the incumbent direc.
Neutral
Business Wire
7 months ago
ASA Gold and Precious Metals Fund Adopts Limited-Duration Shareholder Rights Plan
PORTLAND, Maine--(BUSINESS WIRE)--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 August 23, 2024. The terms of the Rights Plan are substantially identical to the terms of the shareholder rights plan.
Neutral
Business Wire
8 months ago
ASA Gold and Precious Metals Limited Announces Adoption of Discount Management Program
PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited Announces Adoption of Discount Management Program.
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