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Upturn AI Summary - About
ASA Gold and Precious Metals Ltd(ASA)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ASA
09/24/2026: ASA (2-star) is currently NOT-A-BUY. Pass it for now.
ASA Gold and Precious Metals Ltd is a specialized closed-end investment company providing exposure to global gold and precious metals mining stocks. The fund's strength lies in its long-standing focus and deep sector experience, offering active management that differs from passive alternatives. The primary investment opportunity is leveraged exposure to gold price trends and mining sector growth. However, the company faces significant risks from commodity price volatility, the persistent discount of its share price to NAV, and intense competition from lower-cost ETFs. It suits investors seeking tactical, active exposure to the precious metals sector, though they should monitor portfolio performance and discount trends closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The fund can provide high growth during commodity bull cycles but lacks the inherent business scaling of a traditional growth firm. |
| Momentum investor | Strong fit while signal remains positive | Momentum investors often use ASA to capture rapid price appreciation when gold mining stocks are trending upward. |
| Value investor | Mixed fit | Value investors may find opportunity when the fund trades at a significant discount to NAV, though valuation is difficult due to commodity volatility. |
| Dividend investor | Mixed fit | Dividends are inconsistent as they depend on the underlying mining company distributions. |
| Low-risk investor | Weak fit | High volatility in gold mining stocks makes this unsuitable for conservative, low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The fund is extremely sensitive to daily fluctuations in commodity prices. |
| Valuation risk | Medium | The share price often trades at a discount or premium to NAV, creating additional variance. |
| Competition risk (ETF competition) | High | Low-cost passive ETFs continue to attract capital away from active funds. |
| Business quality | Medium | The quality depends on the management of the underlying mining portfolio companies. |
| Dividend income | Medium | Income streams from miners are non-guaranteed and subject to company board decisions. |
| Execution risk | Medium | The investment adviser's ability to pick winners determines fund alpha. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 71.74% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 09/24/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.05B USD | Price to earnings Ratio 1.54 | 1Y Target Price - |
Price to earnings Ratio 1.54 | 1Y Target Price - | ||
Volume (30-day avg) 57.3K shares | Beta 0.79 | 52 Weeks Range 42.98 - 83.15 | Updated Date 09/24/2026 |
52 Weeks Range 42.98 - 83.15 | Updated Date 09/24/2026 | ||
Dividends yield (FY) 0.12% | Basic EPS (TTM) 36.96 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Portfolio Management | Investment in gold, silver, and precious metals mining equities. | The company makes money when the mining stocks it owns increase in value or pay dividends. |
Valuation
Trailing PE 1.54 | Forward PE - | Enterprise Value 1.04B | Price to Sales(TTM) 151.17 |
Enterprise Value 1.04B | Price to Sales(TTM) 151.17 | ||
Enterprise Value to Revenue 1.49 | Enterprise Value to EBITDA - | Shares Outstanding 18.36M | Shares Floating 10.72M |
Shares Outstanding 18.36M | Shares Floating 10.72M | ||
Percent Insiders 3.86 | Percent Institutions 64.98 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About ASA Gold and Precious Metals Ltd
Exchange NYSE | Headquarters Portland, ME, United States | ||
IPO Launch date 1978-01-03 | Director, President, CEO & Chairman Mr. Paul Charles Kazarian | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website https://www.asaltd.com |
Full time employees - | Website https://www.asaltd.com | ||
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. The firm is focused on covering the metals and mining sector. This record reflects the investment preferences or overall investment strategy of ASA Gold and Precious Metals Limited. ASA Gold and Precious Metals Limited was founded in 1958 and is based in Portland, Maine.
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