ASA Gold and Precious Metals Ltd C.ASA

Primary Symbol: ASA

ASA Gold and Precious Metals Limited is a non-diversified, closed-end investment company. The Company's investment objective is long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; in instruments representing interests in gold, silver, platinum or other precious minerals, and/or in securities of investment companies, including exchange traded funds, or other securities. The Company’s investment adviser is Merk Investments LLC.

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ASA Gold and Precious Metals Ltd > Results are Out

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Comment by Capharnaumon Feb 24, 2021 11:32pm

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Post# 32655233

RE:RE:RE:Results are Out

Sam129 wrote: Margins are 46% if you take out the one time inventory write off. 46% sounds good to me.

That's for the full year, not Q4, and it includes the higher margins of extraction in Q1 and Q2.

For Q4, excluding one time charges (total of $9,870), they had revenues of $16,044 vs costs of $12,167 for a margin of about 24%.

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A junior copper-gold stock trading at a bargain of monumental proportions