ASA Gold and Precious Metals (NYSE:ASA) Stock Price Crosses Above 50 Day Moving Average of $14.93

Shares of ASA Gold and Precious Metals Limited (NYSE:ASA) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.93 and traded as high as $17.24. ASA Gold and Precious Metals shares last traded at $16.91, with a volume of 71,625 shares changing hands.

ASA Gold and Precious Metals Trading Up 0.9 %

The firm has a fifty day moving average of $14.98 and a two-hundred day moving average of $14.59.

ASA Gold and Precious Metals Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, May 16th. Shareholders of record on Monday, May 6th will be issued a $0.02 dividend. The ex-dividend date of this dividend is Friday, May 3rd. This represents a yield of 0.1%. This is a boost from ASA Gold and Precious Metals’s previous Semi-Annual dividend of $0.01.

Institutional Investors Weigh In On ASA Gold and Precious Metals

Several institutional investors and hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. purchased a new stake in ASA Gold and Precious Metals in the 4th quarter worth approximately $6,601,000. Burford Brothers Inc. purchased a new stake in ASA Gold and Precious Metals in the 4th quarter worth approximately $419,000. Stephens Inc. AR lifted its holdings in ASA Gold and Precious Metals by 3.2% in the 4th quarter. Stephens Inc. AR now owns 31,316 shares of the investment management company’s stock worth $472,000 after buying an additional 980 shares during the period. UBS Group AG lifted its stake in shares of ASA Gold and Precious Metals by 64.7% in the 4th quarter. UBS Group AG now owns 15,650 shares of the investment management company’s stock valued at $236,000 after purchasing an additional 6,150 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in shares of ASA Gold and Precious Metals by 31.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 16,280 shares of the investment management company’s stock valued at $245,000 after purchasing an additional 3,918 shares during the period.

ASA Gold and Precious Metals Company Profile

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds.