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ASA Gold and Precious Metals Limited (NYSE: ASA) is a distinguished closed-end precious metals and mining fund established in 1958. With over six decades of expertise, ASA is one of the oldest investment management firms dedicated solely to the precious metals and mining sector. The company is registered with the United States Securities and Exchange Commission and is domiciled in Bermuda.
ASA's primary objective is to offer long-term capital appreciation by investing in companies involved in the exploration, mining, and processing of precious metals such as gold, silver, platinum, and diamonds. Managed by a seasoned investment team, ASA employs a comprehensive approach to its investment strategy. This includes bottom-up analysis based on fundamental research, due diligence mine visits, and frequent consultations with mining executives and specialists.
ASA's investment decisions are meticulously crafted to ensure robust returns and minimized risks. The company is managed internally by its experienced directors and officers, ensuring that stakeholder interests are always a priority. The common shares of ASA are traded on the New York Stock Exchange under the ticker symbol 'ASA', providing investors with easy access to this specialized fund.
Recently, ASA has been focusing on expanding its portfolio to include companies in various stages of mining and precious metals processing. This diversification strategy aims to enhance returns and reduce market volatility risks. The company's latest projects and partnerships reflect its commitment to innovation and sustained growth within the precious metals industry.
For investors looking to gain exposure to the precious metals market through a well-established and highly specialized fund, ASA Gold and Precious Metals Limited represents a compelling option. Stay tuned for the latest updates on ASA's performance, new projects, and market developments.
ASA Gold and Precious Metals Limited (NYSE: ASA) announced a distribution of $0.01 per common share, payable on May 18, 2023 to shareholders of record as of May 8, 2023. This marks the continuation of uninterrupted distributions since 1959. Additionally, shareholders elected Axel Merk and re-elected four other directors during the annual meeting held on March 28, 2023. The company also ratified Tait, Weller & Baker LLP as independent auditors for the fiscal year ending November 30, 2023. ASA focuses on long-term capital appreciation through investments in precious metals and maintains a policy of investing at least 80% of its assets in related securities.
ASA Gold and Precious Metals Limited (NYSE: ASA) has appointed Mr. Alexander (Axel) G. Merk as a Director, effective until the 2023 Annual General Meeting. Mr. Merk is the founder and Chief Investment Officer of Merk Investments LLC, which advises the Company. Additionally, ASA declared a distribution of $0.01 per common share, payable on November 23, 2022, to shareholders of record as of November 14, 2022, from undistributed realized gains due to low dividend levels from holdings. The Company maintains a policy of investing at least 80% of its assets in precious metals-related securities.
ASA Gold and Precious Metals Limited (NYSE: ASA) has announced a distribution of
ASA Gold and Precious Metals Limited (NYSE: ASA) has announced a distribution of $0.01 per common share, payable on November 24, 2021, to shareholders of record by November 15, 2021. This distribution will be funded from undistributed realized gains due to a low level of dividends received by the portfolio. The Company has maintained uninterrupted distributions since 1959, focusing primarily on long-term capital appreciation through investments in precious metals and related companies, with a fundamental policy of investing at least 80% of its total assets in relevant sectors.
ASA Gold and Precious Metals Limited (NYSE: ASA) has declared a $0.01 per common share distribution, payable on May 21, 2021, to shareholders of record as of May 20, 2021. This distribution is sourced from undistributed realized gains due to a low level of dividends received. The Company has maintained uninterrupted distributions since 1959. Additionally, the annual general meeting held on March 19, 2021, resulted in the re-election of directors and the confirmation of Tait, Weller & Baker LLP as the independent auditors for the fiscal year ending November 30, 2021.
ASA Gold and Precious Metals Limited (NYSE: ASA) announced a distribution of $0.01 per common share, payable on November 25, 2020, to shareholders on record as of November 16, 2020. This distribution is sourced from accumulated undistributed net investment income due to low dividends from the portfolio, raising concerns about future sustainability. The company has maintained uninterrupted distributions since 1959. Additionally, Merk Investments LLC will waive part of its advisory fee starting December 1, 2020, equal to 0.05% on net assets exceeding $300 million and 0.10% on those over $500 million.
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