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 7,323 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
Negative
Forbes
3 days ago
This Gold Fund Is Red Hot But The Smart Money Is Already Selling
Today we're going to talk about a unique gold fund that's soared 69.4% so far this year—but despite that huge run, it's still not a buy.
Positive
Seeking Alpha
1 month ago
ASA: The Bullish Trends For Gold Continue, Profit From Them
ASA Gold and Precious Metals Limited offers strong gold exposure, outperforming the S&P 500 and peers over the past decade through capital appreciation, not yield. The fund focuses on small- and mid-cap gold miners, which historically outperform larger peers during gold bull markets, enhancing upside potential. Gold is likely to continue to perform well as Middle East hostilities stoke uncertainty, and U.S. deficits threaten the U.S. dollar's dominant role in the financial system.
Neutral
Business Wire
1 month ago
Saba Capital Announces Final Voting Results of Special Meeting of ASA Gold and Precious Metals Shareholders
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 the final certified voting results of the Fund's Special Meeting of Shareholders (the “Special Meeting”) held on June 13, 2025. The final voting results of the Special Meeting confirm that shareholders voted to expa.
Neutral
Business Wire
1 month ago
ASA Gold and Precious Metals Shareholders Vote to Expand the Board and Elect Maryann Bruce as an Independent Director
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 commented on the outcome of the Fund's Special Meeting of Shareholders (the “Special Meeting”) held on June 13, 2025. Based on the preliminary results of the Special Meeting, shareholders voted to expand ASA's Board of Direct.
Neutral
Business Wire
1 month 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
1 month 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 month 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 month 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
2 months 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
3 months 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.
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