SEC Form 13F Summary: ASA Gold & Precious Metals Ltd
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by ASA Gold & Precious Metals Ltd for the reporting period ending March 31, 2018. The form discloses the investment manager's holdings in equity securities as required by the Securities and Exchange Commission. The filing indicates that the manager exercised sole voting authority over all reported positions.
Key Financial Metrics and Holdings
The filing details a portfolio concentrated in the gold and precious metals mining sector. The following table summarizes the reported holdings by issuer, share count, and total value (in thousands of USD):
| Issuer Name | Shares Held | Value ($000s) |
|---|---|---|
| Agnico Eagle Mines Ltd | 450,000 | 18,932 |
| Alamos Gold Inc | 875,000 | 4,550 |
| B2Gold Corp | 1,594,338 | 4,368 |
| Barrick Gold Corp | 1,125,000 | 14,006 |
| Compania De Minas Buenaventura | 699,000 | 10,646 |
| Franco Nevada Corp | 160,000 | 10,915 |
| Goldcorp Inc | 932,400 | 12,886 |
| Iamgold Corp | 350,000 | 1,817 |
| Kinross Gold Corp | 800,000 | 3,160 |
| Mag Silver Corp | 325,000 | 3,183 |
| New Gold Inc | 500,000 | 1,290 |
| Newmont Mining Corp | 570,368 | 22,284 |
| Pretium Resources Inc | 725,000 | 4,829 |
| Randgold Resources Ltd | 229,100 | 19,070 |
| Royal Gold Inc | 190,000 | 16,315 |
| Tahoe Resources Inc | 708,200 | 3,325 |
Note: This filing does not provide data on the company's own revenue, profit, cash flow, margins, debt, or liquidity. It only reports the value of securities held by the investment manager.
Material Changes and Outlook
The filing text does not provide comparative data against prior periods, nor does it contain management commentary, guidance, outlook, or risk factors. Consequently, material changes in holdings or financial performance cannot be determined from this document alone.
Investor Verification Checklist
- Portfolio Concentration: Verify the total portfolio value and the percentage weight of the top three holdings (Newmont Mining Corp, Randgold Resources Ltd, and Agnico Eagle Mines Ltd).
- Voting Rights: Confirm that the manager retains sole voting authority for all listed positions, as indicated in the filing.
- Asset Class: Note that the portfolio is exclusively composed of common stock and sponsored ADRs in the mining sector; no derivatives or debt instruments are reported.
- Valuation Basis: Understand that the "Value" column represents the fair market value of the holdings at the end of the reporting period, not the company's intrinsic financial metrics.