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, 2017. The form discloses the investment manager's holdings of U.S. equity securities as of the end of the quarter.
Key Financial Metrics and Portfolio Composition
The filing details a portfolio concentrated in the precious metals and mining sector. The total value of the reported holdings is approximately $144.5 million (sum of Column 4 values). The portfolio consists of 19 distinct issuers, primarily gold and silver mining companies and royalty firms.
| Issuer | Shares Held | Value ($000s) | Voting Authority |
|---|---|---|---|
| Agnico Eagle Mines Ltd | 450,000 | 19,098 | Sole |
| Alamos Gold Inc | 875,000 | 7,016 | Sole |
| Asanko Gold Inc | 1,825,000 | 4,782 | Sole |
| B2Gold Corp | 1,594,338 | 4,536 | Sole |
| Barrick Gold Corp | 1,125,000 | 21,364 | Sole |
| Compania De Minas Buenaventura | 699,000 | 8,416 | Sole |
| Eldorado Gold Corp | 650,000 | 2,217 | Sole |
| Franco Nevada Corp | 160,000 | 10,464 | Sole |
| Goldcorp Inc | 932,400 | 13,604 | Sole |
| Kinross Gold Corp | 800,000 | 2,808 | Sole |
| MAG Silver Corp | 275,000 | 3,594 | Sole |
| New Gold Inc | 500,000 | 1,490 | Sole |
| Newmont Mining Corp | 570,368 | 18,799 | Sole |
| Pretium Resources Inc | 625,000 | 6,694 | Sole |
| Randgold Resources Ltd | 254,100 | 22,178 | Sole |
| Royal Gold Inc | 190,000 | 13,310 | Sole |
| Stillwater Mining Co | 150,000 | 2,591 | Sole |
| Tahoe Resources Inc | 708,200 | 5,678 | Sole |
Note: The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity for ASA Gold & Precious Metals Ltd itself, as Form 13F is a disclosure of holdings, not a financial statement of the filer's operations.
Material Changes and Outlook
The filing text does not provide comparative data against the prior quarter (December 31, 2016) to determine material changes in holdings. Consequently, no analysis of additions, deletions, or net changes can be derived from this document alone. There is no management commentary, guidance, or risk disclosure included in this specific filing format.
Key Facts for Investor Verification
- Portfolio Concentration: The top three holdings by value are Randgold Resources Ltd ($22.2M), Barrick Gold Corp ($21.4M), and Newmont Mining Corp ($18.8M), representing significant exposure to major gold producers.
- Voting Control: ASA Gold & Precious Metals Ltd exercises sole voting authority over all reported positions; there are no shared or none voting authority positions listed.
- Derivatives: The filing indicates no holdings of put or call options (Column 5 and 6 are blank for all entries).
- Asset Class: The portfolio is exclusively composed of common stock (COM) and American Depositary Receipts (ADR) of mining and royalty companies.