ASA Gold and Precious Metals Limited (ASA) AI Stock Analysis

Established in 1958 and based in Portland, Maine, ASA Gold and Precious Metals Limited operates as an investment manager specializing in the precious metals sector. The firm invests in public equity markets worldwide, focusing on companies engaged in the exploration, mining, or processing of gold, silver, platinum, diamonds, and other precious minerals. ASA also allocates capital into exchange-traded funds (ETFs). It utilizes a fundamental analysis approach that pairs detailed bottom-up research with external market insights to shape portfolios and navigate industry fluctuations.

Financial results have experienced substantial volatility. In FY2022, revenue was -$154.8M with net income of -$155.9M, before recovering to $11.4M in FY2023. Revenue subsequently expanded to $67.5M in FY2024 and reached $148.2M in FY2025, which represented revenue growth of 119.6%. FY2025 net income stood at $664.1M with an operating margin of 453.2% and EPS of $35.25. Over the 5-year period from FY2020 to FY2025, revenue posted a CAGR of -3.8%. For the trailing twelve months ended May 31, 2026, revenue totaled $6.9M, while the latest quarter delivered quarterly revenue growth of 243.0% and quarterly earnings growth of 1.1%.

As of May 31, 2026, ASA held cash and short-term investments of $3.9M against total assets of $1.36B. Shareholders' equity stood at $1.36B, supporting a current ratio of 1.00. In FY2021, the company generated operating cash flow of $18.3M and paid $385,800 in dividends. Additionally, the fund recorded a share count change of -4.8% over five years.

At a share price of $52.40 on October 16, 2026, ASA trades at a trailing price-to-earnings multiple of 1.4x and a price-to-book ratio of 0.8x, compared to the trailing PE of 12.1x for the median of its US-listed Financial Services peers. Its price-to-sales ratio is 138.8x, above the peer median of 3.2x. Over the past year, ASA delivered a return of -1.5%, trailing the S&P 500 (SPY) return of 16.8%. Over a 5-year span, however, ASA gained 151.4%, outpacing the SPY return of 83.0%.

ASA pays a semiannual dividend, featuring an annual forward dividend of $0.08 that yields 0.15%. The company maintains a payout ratio of 0.4% and has paid dividends for 45 consecutive years. Over the past five years, the annualized dividend growth rate was 24.6%, with the latest ex-dividend date occurring on May 1, 2026.

ASA has delivered 3 EPS beats over the last 4 quarters. The stock closed at $52.40 on October 16, 2026, which is 15.0% below its 200-day average. It has traded between a 52-week low of $43.20 and a 52-week high of $83.20, with a beta of 0.77. Institutional investors hold 64.8% of outstanding shares, while insiders own 3.9%, and short interest represents 0.2% of float.

This page is an AI-written research summary of ASA Gold and Precious Metals Limited (ASA). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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