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 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
35,333% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $3K
59% more capital invested
Capital invested by funds: $225M [Q4 2024] → $358M (+$133M) [Q1 2025]
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 3 (+1) [Q1 2025]
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
3.98% more ownership
Funds ownership: 57.6% [Q4 2024] → 61.58% (+3.98%) [Q1 2025]
2% less funds holding
Funds holding: 57 [Q4 2024] → 56 (-1) [Q1 2025]
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
Research analyst outlook
We haven’t received any recent analyst ratings for ASA.
Financial journalist opinion
Based on 4 articles about ASA published over the past 30 days
Neutral
Business Wire
4 days ago
Second Independent Proxy Advisor Glass Lewis Recommends ASA Gold and Precious Metals Shareholders Vote FOR Saba Capital's Proposals to Expand the Board
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”) with 17.2% ownership of the Fund's outstanding shares, today announced that a second leading proxy advisory firm, Glass, Lewis & Co. (“Glass Lewis”), has recommended shareholders vote FOR the expansion of ASA's Board of Directors (the “Board”) to five members and FOR the election o.
Neutral
Business Wire
6 days ago
Independent Proxy Advisor ISS Recommends ASA Gold and Precious Metals Shareholders Vote FOR Saba Capital's Proposals to Expand the Board
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”) with 17.2% ownership of the Fund's outstanding shares, today announced that a leading proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”), has recommended shareholders vote FOR the expansion of ASA's Board of Directors (the “Board”) to five members and FOR the election.
Negative
Forbes
1 week ago
Why We're Dodging These 3 Gold CEFs (Even With Gold Soaring)
Here's a surprise from a die-hard closed-end fund (CEF) fan like me: Sometimes CEFs aren't your best bet.
Neutral
Business Wire
1 week ago
Supreme Court of Bermuda Extends Interim Injunction Restraining ASA and Two of its Directors – Mary Joan Hoene and William Donovan – From Unauthorized Use of Company Resources
NEW YORK--(BUSINESS WIRE)--Paul Kazarian, a member of the Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Company”), today announced that the Supreme Court of Bermuda (the “Bermuda Court”) has extended the interim injunction Order originally issued on May 8, 2025. The Order prohibits ASA and two of its sitting directors, Mary Joan Hoene and William Donovan, from using ASA resources to interfere with the Company's June 13th Special General Meet.
Neutral
Business Wire
1 month ago
Supreme Court of Bermuda Issues Interim Injunction Restraining ASA and Two of its Directors – Mary Joan Hoene and William Donovan – From Unauthorized Use of Company Resources and Ordering Them to Withdraw Recent Company SEC Filings
NEW YORK--(BUSINESS WIRE)--Paul Kazarian, a member of the Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Company”), today provided an update pertaining to the interim injunction Order issued on May 8, 2025 by the Supreme Court of Bermuda (the “Bermuda Court”) in response to the legal proceeding he commenced against ASA and two of its sitting directors, Mary Joan Hoene and William Donovan, to prevent any further interference with the Company's.
Neutral
Business Wire
1 month ago
Saba Capital Files Lawsuit Against ASA Gold and Precious Metals and its Legacy Directors Over 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”) with 17.2% ownership of the Fund's outstanding shares, today announced that it has filed a lawsuit in the United States District Court for the Southern District of New York (the “Court”) against ASA and the legacy members of its Board of Directors (the “Board”) – Mary Joan Hoene and Wi.
Positive
Seeking Alpha
2 months 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 months 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 months 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 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 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.
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