ASA — ASA Gold and Precious Metals Ltd

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates ASA Bullish with a Setup Score of 24, net conviction 25, actionability 23. How the Setup Score works →

Total Setup Score24
Directional BiasBullish
Net Conviction25
Actionability23 (in range)

Key signals behind this score

About ASA Gold and Precious Metals Ltd

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. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$54.78
Market Cap$1.02B
Float10.7M
Shares Outstanding18.4M
P/E (TTM)1.44
Price/Sales (TTM)147.17
Profit Margin10508.00%
Operating Margin (TTM)8.64%
Revenue (TTM)$6.9M
Earnings Growth (YoY)1.10%
Dividend Rate0.1%

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $180M $178M $180M $178M
2021 $19.3M $18.3M $19.3M $18.3M
2022 -$155M -$156M -$155M -$156M
2023 $11.4M $9.7M $8.2M $9.7M
2024 $67.5M $115M $64.0M $115M
2025 $148M $664M $143M $664M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
May 2025 $14.2M $223M
Aug 2025 $525,632 $128M
Nov 2025 $134M $441M
May 2026 $127M $287M

Ownership & Float

Insider Ownership3.9%
Institutional Ownership64.8%
Short Float0.1%
% of All Funds Holding0.85%
Number of Funds Holding75

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$59.38Near-term / short-term trend
Weekly40-Week SMA$61.74Medium-term trend
Weekly80-Week SMA$50.68Cyclical trend (business cycle)
Weekly200-Week SMA$30.74Secular trend (multi-year)
Monthly10-Month SMA$61.15Near-term monthly trend
Monthly20-Month SMA$50.38Medium-term monthly trend
Monthly40-Month SMA$34.04Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$38.40 support 2.17x 12 months ago
$31.40 support 1.80x 13 months ago
$24.90 support 1.10x 18 months ago
$20.40 support 1.37x 20 months ago

Historical Earnings Reactions (51 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.25% 0.20% 52.94% 5.23% -2.09%
1 Day 0.60% 0.26% 56.86% 6.01% -4.90%
1 Week 0.91% 0.00% 49.02% 22.39% -12.03%
2 Weeks 0.31% -0.65% 41.18% 27.88% -11.25%
1 Month 1.03% -0.50% 45.10% 33.05% -17.96%

Next earnings: January 28, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan4.2%62.5%48
Feb-0.5%49.0%49
Mar1.0%53.1%49
Apr2.2%53.1%49
May0.2%49.0%49
Jun-2.3%32.7%49
Jul0.9%51.0%49
Aug1.7%63.3%49
Sep3.2%55.1%49
Oct-2.6%37.5%48
Nov0.8%56.3%48
Dec1.8%50.0%48

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.04% 44.8% 2324
Tuesday 0.02% 46.8% 2518
Wednesday 0.09% 48.3% 2519
Thursday 0.07% 47.4% 2472
Friday 0.07% 46.1% 2456

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 64.8%

Insider Transactions — Smart Summary

Total insider ownership: 3.9%

12-Month Insider Activity Summary

Total Filings49
Net Value-$969,766.05
Net Shares Change1,186,520
% of Float11.1%
C-Suite Filings2
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Saba Capital Management, L.P. +$37.9M 10 10 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-02-17 Saba Capital Management, L.P. +$9.4M Transaction at $70.37, now -22.2%
2025-10-20 Saba Capital Management, L.P. +$5.3M Transaction at $50.19, now +9.1%
2026-02-11 Saba Capital Management, L.P. +$6.2M Transaction at $70.77, now -22.6%
2026-02-12 Saba Capital Management, L.P. +$2.9M Transaction at $72.09, now -24.0%
2026-02-09 Saba Capital Management, L.P. +$2.0M Transaction at $65.12, now -15.9%
2026-02-05 Saba Capital Management, L.P. +$2.3M Transaction at $66.20, now -17.3%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for ASA Gold and Precious Metals Ltd (ASA) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for ASA on Trend Edge →