Streetbeat News

ASA

ASA Gold and Precious Metals Limited

https://www.asaltd.com

Industry

Asset Management

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds. The firm employs fundamental analysis with a bottom-up approach to create its portfolios. The firm obtains external research to complement its in-house research. ASA Gold and Precious Metals Limited was founded in 1958 and is based in Portland, Maine.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

ASA Gold has adopted a limited-duration shareholder rights plan in response to Saba Capital Management's significant accumulation of ASA shares and a proxy contest to gain board control. The plan is effective until December 20, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:28 am

ASA Gold and Precious Metals' Board of Directors has authorized the repurchase of up to 5% of the company's stock under its stock repurchase program, starting May 1.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:49 am

Insider purchases at ASA Gold and Precious Metals, Seritage Growth Properties, and Unifi indicate potential confidence in these companies. Boaz Weinstein, a 10% owner, bought shares of ASA for about $52,653. Seritage Growth Properties saw purchases by Yakira Capital Management Inc, costing around $130,899. Kenneth Langone, a 10% owner of Unifi, made a significant purchase of $2.88 million in shares. While insider buying can signal investment opportunities, it should not be the sole factor in decision-making.

Portfolio Pulse from Avi Kapoor

December 28, 2023 | 11:18 am

Warren E. Buffett, a 10% owner of Occidental Petroleum, purchased 5,182,615 shares at an average price of $60.22, totaling approximately $312.09 million. Flowers Foods' CFO Steve Kinsey acquired 1,780 shares at an average price of $22.46. Boaz Weinstein, a 10% owner of ASA Gold and Precious Metals, bought 223,381 shares at an average price of $15.94. These insider trades suggest confidence in the companies' prospects.

Portfolio Pulse from Avi Kapoor

December 22, 2023 | 1:32 pm

Insider purchases at Howard Hughes, ASA Gold and Precious Metals, Qorvo, and Kemper indicate potential confidence in these companies. William Ackman bought $12.05M worth of Howard Hughes shares, Boaz Weinstein acquired $1.42M in ASA, Walden Rhines purchased $465,950 of Qorvo stock, and Joseph Lacher Jr invested $216,000 in Kemper. These transactions may signal buying opportunities, though they should not be the sole basis for investment decisions.

Portfolio Pulse from Lisa Levin

November 29, 2023 | 1:23 pm

Insiders at Eastern Company (EML), ASA Gold and Precious Metals (ASA), and Perrigo Company (PRGO) have made significant stock purchases. EML's Director acquired 5,000 shares, ASA's 10% owner bought 135,281 shares, and PRGO's EVP and Chief Scientific Officer purchased 2,040 shares. These transactions can signal confidence in the companies' prospects, potentially indicating investment opportunities.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 11:40 am

Insiders at ASA Gold and Precious Metals, Intel, Mercury Systems, and Diebold Nixdorf have made significant stock purchases. Boaz Weinstein, a 10% owner of ASA, bought shares worth $2.03 million. Intel Director Bu Lip Tan invested $2.5 million in the company's stock. Mercury Systems Director Orlando Carvalho purchased shares for $1.18 million, and Diebold Nixdorf's CEO Octavio Marquez acquired shares valued at $21,500. These purchases may indicate insider confidence despite various challenges faced by the companies.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 12:21 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.