ASA Bermuda Fund (ASA) Shares Plummet by 5.02% Amid Market Volatility

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Nov 11, 2024

The stock of ASA Bermuda Fund (ASA, Financial) experienced a significant drop of 5.02%, with the price falling to $20.42 per share. The trading volume reached 84,132 shares, with a turnover rate of 0.44% and a price fluctuation of 2.27%.

According to recent financial reports, ASA reported operating revenue of $38,320 and a net profit of $74.43 million, resulting in earnings per share of $3.86. The price-to-earnings ratio stands at 6.29. Currently, there are no institutional ratings regarding buying, holding, or selling this stock.

In the broader asset management industry, the sector saw an overall increase of 1.25%. Among related stocks, Binah Capital Group, Inc. and Royalty Management Holding Corporation saw considerable gains. Meanwhile, Destiny Tech100 Inc., Binah Capital Group, Inc., and 盛德财富 showed high activity levels, with turnover rates of 155.42%, 127.21%, and 98.62%, respectively. Stocks like Binah Capital Group, Inc. and Royalty Management Holding Corporation exhibited significant price fluctuations.

ASA Gold And Precious Metals Ltd is a closed-end, non-diversified investment company focused on long-term capital appreciation by investing primarily in companies involved in the exploration, development, or mining of precious metals and minerals.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.