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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.


NYSE:ASA - Post by User

Comment by TheBananaManon Apr 24, 2019 7:30pm
195 Views
Post# 29666885

RE:Q1 numbers ...

RE:Q1 numbers ...6 million loss for the Q, but they already have 6 million this Q with half left... I see a drop and recuperation after a week or two ! All in all not bad but could have been better ! GLTA
mesa1 wrote: Q1 - 3 MOs to FEB 28, 2019

Revenue
                     $2,220,200
Cost of goods sold        1,369,675
Gross Profit                      850,525   38.29%

Decent start.

Q2 should be multiples of that.




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