ASA

ASA Gold and Precious Metals
ASA

$18.57

0.16%

Market Cap: 358M

About: ASA Gold And Precious Metals Ltd is a closed-end, non-diversified investment company. Its objective is to provide long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects, or mining of precious metals and minerals.

0

Funds holding %

of 6,702 funds

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Analysts bullish %

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News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

190% more call options, than puts

Call options by funds: $365K | Put options by funds: $126K

1% more capital invested

Capital invested by funds: $162M [Q4 2023] → $164M (+$2.16M) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]

0.36% less ownership

Funds ownership: 55.61% [Q4 2023] → 55.25% (-0.36%) [Q1 2024]

8% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 12

2% less funds holding

Funds holding: 50 [Q4 2023] → 49 (-1) [Q1 2024]

14% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 14

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Research analyst outlook

We haven’t received any recent analyst ratings for ASA.

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Financial journalist opinion

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.

ASA: Gold Stocks Cheap Versus Gold Price, Own At A Large Discount To NAV

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.

ASA Gold and Precious Metals Limited Announces Results of Vote at Annual General Meeting

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.

ASA Gold and Precious Metals Shareholders Elect Saba Capital Nominees to the Fund's Board of Directors

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.

ASA Gold and Precious Metals Board Shareholders Elect Saba Capital Nominees to the Fund's Board of Directors

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.

ASA Gold and Precious Metals Fund Adopts Limited-Duration Shareholder Rights Plan

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.

ASA Gold and Precious Metals Limited Announces Adoption of Discount Management Program

ISS Supports Saba Capital's Case for Change at ASA Gold and Precious Metals Limited

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 announced that a leading proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”), has recommended shareholders vote for the election of Saba director candidates Ketu Desai and Paul Kazarian to the Fund's Board of Directors (the “Board”) at the April 26, 2024 Annual Meeting of Shareholders (the “Ann.

ISS Supports Saba Capital's Case for Change at ASA Gold and Precious Metals Limited

CEF Insights: ASA Gold Mining Opportunity Needs Shareholder Support

With current market dynamics, Merk Investments President and Chief Investment Officer sees significant upside potential in junior gold miners, the focus of ASA Gold and Precious Metals Limited. At the same time, ASA shareholders have an important vote on its Board of Directors, which could impact the Fund. Gain insight into the current market, ASA's strategy, and the need for shareholders to vote.

CEF Insights: ASA Gold Mining Opportunity Needs Shareholder Support

ASA Gold and Precious Metals Limited Announces Increase To Semi-Annual Distribution and Additional Voluntary Fee Waiver by its Adviser

PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) announced today that it has declared a distribution of $0.02 per common share of the Company payable on May 16, 2024 to shareholders of record of the Company's common shares as of the close of business on May 6, 2024. This distribution represents a $0.01 per common share increase in the Company's distribution, doubling the rate per share that has been paid on a semi-annual basis since November 201.

ASA Gold and Precious Metals Limited Announces Increase To Semi-Annual Distribution and Additional Voluntary Fee Waiver by its Adviser

CEF Weekly Review: Saba Takes The Gloves Off

We review CEF market valuation and performance through the third week of March and highlight recent market action. Most CEF sectors saw lower NAVs due to the drop in stocks and Treasuries, but discounts tightened in all but 3 sectors. Saba is in a fight with ASA Gold & Precious Metals CEF, which has adopted a rights offering to dilute Saba.

CEF Weekly Review: Saba Takes The Gloves Off

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