Free Trial

ASA Gold and Precious Metals (NYSE:ASA) Sets New 1-Year High - Here's What Happened

ASA Gold and Precious Metals logo with Finance background

ASA Gold and Precious Metals Limited (NYSE:ASA - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $31.94 and last traded at $31.36, with a volume of 78078 shares changing hands. The stock had previously closed at $30.74.

ASA Gold and Precious Metals Stock Performance

The firm has a 50-day moving average price of $27.04 and a 200-day moving average price of $23.41.

ASA Gold and Precious Metals Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Monday, May 5th will be given a $0.03 dividend. The ex-dividend date is Monday, May 5th. This is a boost from ASA Gold and Precious Metals's previous semi-annual dividend of $0.02. This represents a yield of 0.2%.

Hedge Funds Weigh In On ASA Gold and Precious Metals

Hedge funds have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC grew its position in ASA Gold and Precious Metals by 140.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,307 shares of the investment management company's stock worth $26,000 after buying an additional 764 shares during the last quarter. NBC Securities Inc. grew its holdings in shares of ASA Gold and Precious Metals by 128,600.0% in the 1st quarter. NBC Securities Inc. now owns 1,287 shares of the investment management company's stock worth $38,000 after acquiring an additional 1,286 shares during the last quarter. LaSalle St. Investment Advisors LLC raised its position in shares of ASA Gold and Precious Metals by 47.5% during the fourth quarter. LaSalle St. Investment Advisors LLC now owns 2,014 shares of the investment management company's stock worth $41,000 after purchasing an additional 649 shares during the period. Covestor Ltd lifted its holdings in shares of ASA Gold and Precious Metals by 17.2% during the fourth quarter. Covestor Ltd now owns 4,825 shares of the investment management company's stock valued at $98,000 after purchasing an additional 707 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC acquired a new position in shares of ASA Gold and Precious Metals in the 1st quarter valued at $220,000.

About ASA Gold and Precious Metals

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in ASA Gold and Precious Metals Right Now?

Before you consider ASA Gold and Precious Metals, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASA Gold and Precious Metals wasn't on the list.

While ASA Gold and Precious Metals currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping
After Stellar Earnings, Is TSMC the Next Chip Leader?
Palantir’s Big Week Reveals a Rare Growth Story in a Shaky Market

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines