ASA Stock Analysis: ASA Gold Precious Metals | NYSE

Asset Management | NYSE, USA | Market Cap: 1.073m USD | 12M Return: 32% | BMG3156P1032 | Charts, Fundamentals & Technical Analysis

Precious Metals, Mining Equities, Exchange Funds, Global Markets
Total Rating 45
Safety 37
Buy Signal -0.48
Asset Management
Industry Rotation: -3.3
Market Cap: 1.07B
Avg Turnover: 3.71M
Risk 3d forecast
Volatility42.3%
VaR 5th Pctl7.75%
VaR vs Median11.2%
Reward TTM
Sharpe Ratio0.72
Rel. Str. IBD50.4
Rel. Str. Peer Group59.1
Character TTM
Beta0.879
Beta Downside0.653
Hurst Exponent0.503
Drawdowns 3y
Max DD40.80%
CAGR/Max DD1.54
CAGR/Mean DD7.20
EPS (Earnings per Share) EPS (Earnings per Share) of ASA over the last years for every Quarter: "2021-08": null, "2021-11": -3.32, "2022-02": null, "2022-05": -4.08, "2022-08": null, "2022-11": -4, "2023-02": null, "2023-05": null, "2023-08": null, "2023-11": null, "2024-02": null, "2024-05": null, "2024-08": null, "2024-11": 1.27, "2025-02": 4.32, "2025-05": 7.48, "2025-08": 6.81, "2025-11": 16.64, "2026-02": null, "2026-05": null,
Qual. Beats: 0
Revenue Revenue of ASA over the last years for every Quarter: 2021-08: 0.266111, 2021-11: 11.417509, 2022-02: 0.339333, 2022-05: 23.122905, 2022-08: 0.395514, 2022-11: 6.383119, 2023-02: 0.507192, 2023-05: 4.697471, 2023-08: 0.829756, 2023-11: 6.66, 2024-02: 0.559405, 2024-05: 0.03832, 2024-08: 0.467084, 2024-11: 67.433374, 2025-02: 1.976754, 2025-05: 14.208332, 2025-08: 0.525632, 2025-11: 133.952035, 2026-02: 2.885009, 2026-05: 126.698796,
Rev. CAGR: 262.74%
Rev. Trend: 90.7%
Qual. Beats: 0

Warnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan +3.0% 20
Feb -5.7% 33
Mar +1.5% 29
Apr +0.8% 5
May +0.2% 5
Jun -4.3% 33
Jul +3.2% 33
Aug -2.7% 5
Sep -6.7% 17
Oct -0.5% 11
Nov -1.0% 11
Dec +3.4% 27

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: ASA ASA Gold Precious Metals

ASA Gold and Precious Metals Limited (ASA) is a publicly traded investment manager that invests globally in public equities, with a primary focus on companies involved in the exploration, mining, and processing of precious metals and minerals, including gold, silver, platinum, and diamonds. The firm also allocates capital to exchange-traded funds and concentrates exclusively on the metals and mining sector.

The company employs a fundamental, bottom-up investment approach, combining its in-house research with externally sourced research to construct its portfolios. ASA was founded in 1958 and is headquartered in Portland, Maine, and its structure as a closed-end fund-a common format for sector-focused investment vehicles-allows shares to trade on exchanges like common stock while providing specialized exposure to the precious metals mining industry.

Headlines to Watch Out For
  • Gold price momentum lifts mining equity portfolio valuations
  • Discount to NAV narrows boosting closed-end fund shares
  • Distribution yield and capital allocation attract income-focused investors
Piotroski VR-10 (Strict) 4.0
Net Income: 1.00b TTM > 0 and > 6% of Revenue
FCF/TA: 0.0 > 0.02 and ΔFCF/TA 0.0 > 1.0
NWC/Revenue: 0.01% < 20% (prev 2.87%; Δ -2.85% < -1%)
CFO/TA 0.0 > 3% & CFO 0.0 > Net Income 1.00b
Net Debt/EBITDA: error (cannot be calculated)
Current Ratio: 1.00 > 1.5 & < 3
Outstanding Shares: last quarter (18.4m) vs 12m ago -2.73% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 26.01% > 50% (prev 12.62%; Δ 13.38% > 0%)
Interest Coverage Ratio: 139.6 > 6 (EBIT TTM 729.7m / Interest Expense TTM 5.23m)
Altman Z'' 10.00
A: 0.00 (Total Current Assets 7.90m - Total Current Liabilities 7.86m) / Total Assets 1.36b
B: 0.98 (Retained Earnings 1.34b / Total Assets 1.36b)
C: 0.72 (EBIT TTM 729.7m / Avg Total Assets 1.02b)
D: 157.3 (Book Value of Equity 1.36b / Total Liabilities 8.62m)
Altman-Z'' = 173.2 = AAA
What is the price of ASA shares?

As of September 27, 2026, the stock is trading at USD 56.68 with a total of 28,396 shares traded. Over the past week, the price has changed by -3.24%, over one month by -12.26%, over three months by +7.13% and over the past year by +31.95%.

Current recommended Stop Loss: 52.90 (which is 6.7% or 1.5 ATR below the current price).

Is ASA a buy, sell or hold?

ASA Gold Precious Metals has no consensus analysts rating.

ASA Gold Precious Metals (ASA) - Fundamental Data Overview as of 27 September 2026
Market Cap USD = 1.07b (1.07b USD * 1.0 USD.USD)
P/E Trailing = 1.4855
P/S = 154.7468
P/B = 0.775
Revenue TTM = 264.1m USD
EBIT TTM = 729.7m USD
EBITDA TTM = 731.9m USD
 Long Term Debt = unknown (none)
 Short Term Debt = unknown (none)
 Debt = unknown
 Net Debt = unknown
 Enterprise Value = 1.07b USD (1.07b + (null Debt) - CCE 3.91m)
Interest Coverage Ratio = 139.6 (Ebit TTM 729.7m / Interest Expense TTM 5.23m)
 EV/FCF = unknown (FCF TTM 0.0)
 FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.07b)
FCF Margin = 0.0% (FCF TTM 0.0 / Revenue TTM 264.1m)
 Net Margin = 378.9% (Net Income TTM 1.00b / Revenue TTM 264.1m)
 Gross Margin = unknown ((Revenue TTM 264.1m - Cost of Revenue TTM 5.10m) / Revenue TTM)
 Tobins Q-Ratio = 0.78 (Enterprise Value 1.07b / Total Assets 1.36b)
 Interest Expense / Debt = unknown (Interest Expense 5.23m / Debt none)
 Taxrate = 21.0% (US federal default 21%)
NOPAT = 576.5m (EBIT 729.7m * (1 - 21.00%))
Current Ratio = 1.00 (Total Current Assets 7.90m / Total Current Liabilities 7.86m)
 Debt / Equity = unknown (Debt none)
 Debt / EBITDA = unknown (Net Debt none / EBITDA 731.9m)
 Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
 Total Stockholder Equity = 1.16b (last 4 quarters mean from totalStockholderEquity)
RoA = 98.54% (Net Income 1.00b / Total Assets 1.36b)
RoE = 86.57% (Net Income TTM 1.00b / Total Stockholder Equity 1.16b)
RoCE = 53.78% (EBIT 729.7m / Capital Employed (Total Assets 1.36b - Current Liab 7.86m))
RoIC = 42.61% (NOPAT 576.5m / Invested Capital 1.35b)
WACC = 9.07% (E(1.07b)/V(1.07b) * Re(9.07%) + (debt-free company))
Discount Rate = 9.07% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.32 | Cagr: -2.18%
 [DCF] Fair Price = unknown (Cash Flow 0.0)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 90.70 | Revenue CAGR: 262.7% | SUE: N/A | # QB: 0