ASA Gold and Precious Metals Limited (NYSE: ASA) is a company that focuses on investing in gold and other precious metals. It operates as a closed-end fund, providing investors with exposure to the precious metals sector. ASA competes with other investment funds and companies in the precious metals industry, offering a unique opportunity for investors interested in this market.
On January 14, 2026, Saba Capital Management, L.P., a significant shareholder of ASA, executed a purchase of 5,000 shares of ASA's common stock at $63.82 per share. This transaction increased Saba Capital's total holdings to approximately 5.45 million shares. This move indicates Saba Capital's continued confidence in ASA's potential.
Earlier, on January 7th, Saba Capital Management increased its stake by purchasing 3,598 shares at an average price of $59.78 each, totaling around $215,000. This purchase represented a 0.07% increase in their position, bringing their total holdings to over 5.4 million shares, valued at approximately $324 million. This transaction was disclosed in a legal filing with the Securities and Exchange Commission.
Additionally, on January 6th, Saba Capital Management acquired 3,280 shares at an average price of $61.80 per share. These strategic acquisitions by Saba Capital highlight their commitment to ASA, despite the stock's recent price fluctuations. ASA's current stock price is $63.41, reflecting a slight decrease of 0.69% or $0.44.
ASA's stock has experienced a range of prices over the past year, with a high of $66.12 and a low of $21.57. The company's market capitalization stands at approximately $1.2 billion, and today's trading volume is 23,743 shares. These figures provide insight into ASA's market performance and investor interest.
