SEC Form 13F Information Table Summary
Business Context and Reporting Period
Company: ASA Gold & Precious Metals Ltd
Filing Type: Form 13F Information Table
Reporting Period: September 30, 2018
Context: This filing discloses the equity securities held by the investment manager as of the end of the third quarter of 2018. The portfolio is heavily concentrated in the gold mining and precious metals sector.
Key Financial Metrics and Portfolio Composition
The filing details holdings in 17 issuers, all within the mining and precious metals industry. The table provides the value of holdings (in thousands of USD) and the number of shares held. Voting authority is reported as "Sole" for all positions.
| Issuer | Value ($000s) | Shares Held | Voting Authority |
|---|---|---|---|
| Neumont Mining Corp | 17,225 | 570,368 | Sole |
| Randgold Resources Ltd (ADR) | 16,163 | 229,100 | Sole |
| Agnico Eagle Mines Ltd | 15,390 | 450,000 | Sole |
| Royal Gold Inc | 12,715 | 165,000 | Sole |
| Barrick Gold Corp | 12,465 | 1,125,000 | Sole |
| Franco Nevada Corp | 10,014 | 160,000 | Sole |
| Goldcorp Inc | 9,510 | 932,400 | Sole |
| Compania de Minas Buenaventura (ADR) | 9,374 | 699,000 | Sole |
| Alamos Gold Inc | 4,019 | 875,000 | Sole |
| B2Gold Corp | 3,631 | 1,594,338 | Sole |
| MAG Silver Corp | 2,628 | 325,000 | Sole |
| Iamgold Corp | 2,484 | 675,000 | Sole |
| Golden Star Resources Ltd | 2,102 | 2,900,000 | Sole |
| Kinross Gold Corp | 2,160 | 800,000 | Sole |
| Tahoe Resources Inc | 1,958 | 708,200 | Sole |
| New Gold Inc | 397 | 500,000 | Sole |
Note: The filing does not provide aggregate portfolio value, revenue, profit, cash flow, debt, or liquidity metrics for ASA Gold & Precious Metals Ltd itself, as Form 13F only discloses holdings.
Material Changes and Guidance
Material Changes: The filing text does not provide comparative data from the prior period (June 30, 2018) to determine material changes in holdings or values.
Guidance and Outlook: No management commentary, guidance, or outlook is included in this filing.
Risks and Contingencies: No specific risks or contingencies are disclosed in this document.
Key Facts for Investor Verification
- Portfolio Concentration: Verify the total exposure to the gold mining sector, as the entire disclosed portfolio consists of mining and royalty companies.
- Top Holdings: Confirm the valuation of the top three positions (Newmont Mining, Randgold Resources, Agnico Eagle Mines), which represent the largest portion of the disclosed value.
- Share Counts vs. Value: Note the disparity in share counts versus value; for example, Golden Star Resources has the highest share count (2.9M) but a lower total value ($2.1M) compared to Newmont (570k shares, $17.2M).
- Missing Data: Acknowledge that this filing does not contain financial performance data (revenue, earnings) for the investment manager or the underlying issuers.