Asa Gold And Stock Today

ASA Stock  USD 24.48  0.39  1.57%   

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Odds Of Distress

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ASA Gold is trading at 24.48 as of the 27th of February 2025, a 1.57 percent decrease since the beginning of the trading day. The stock's open price was 24.87. ASA Gold has about a 44 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. The performance scores are derived for the period starting the 28th of January 2025 and ending today, the 27th of February 2025. Click here to learn more.
Business Domain
Financial Services
IPO Date
3rd of January 1978
Classification
Financials
ASA Gold and Precious Metals Limited is a publicly owned investment manager. ASA Gold and Precious Metals Limited was founded in 1958 and is based in Portland, Maine. ASA Gold is traded on New York Stock Exchange in the United States. The company has 19.1 M outstanding shares of which 18.61 K shares are presently shorted by investors with about 0.46 days to cover. More on ASA Gold and

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ASA Stock Highlights

CEODavid Christensen
Old Names[Apis S.A., ASA]
Business ConcentrationAsset Management & Custody Banks, Financial Services, Oslo All Share, OBX Consumer Staples, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.991.18
Fairly Down
Slightly volatile
Total Current Liabilities316.8 K333.5 K
Notably Down
Slightly volatile
Non Current Liabilities Total287.2 K302.4 K
Notably Down
Slightly volatile
Total Assets325 M400.9 M
Significantly Down
Slightly volatile
Total Current Assets5.5 M4.3 M
Significantly Up
Slightly volatile
ASA Gold and (ASA) is traded on New York Stock Exchange in USA. It is located in Three Canal Plaza, Portland, ME, United States, 04101 and employs 12 people. ASA Gold is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 381.5 M. ASA Gold runs under Capital Markets sector within Financials industry. The entity has 19.1 M outstanding shares of which 18.61 K shares are presently shorted by investors with about 0.46 days to cover. ASA Gold and has about 1.19 M in cash with 18.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check ASA Gold Probability Of Bankruptcy
Ownership Allocation
ASA Gold secures a total of 19.1 Million outstanding shares. Over half of ASA Gold's outstanding shares are owned by institutions. These institutions are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check ASA Ownership Details

ASA Gold Historical Income Statement

At present, ASA Gold's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 143.6 M, whereas Interest Expense is forecasted to decline to about 42.9 K. View More Fundamentals

ASA Stock Against Markets

ASA Gold Corporate Management

Jack HuntingtonChief Compliance OfficerProfile
Peter MaletisPresidentProfile
James NashChief Compliance Officer, SecretaryProfile
Zachary TackettCorporate SecretaryProfile

Already Invested in ASA Gold and?

The danger of trading ASA Gold and is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ASA Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ASA Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASA Gold is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASA Gold. If investors know ASA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASA Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.282
Dividend Share
0.03
Earnings Share
3.25
Revenue Per Share
0.104
Quarterly Revenue Growth
(0.44)
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.