Gold is 2025’s best performer. UBS sees more upside
ASA Gold and Precious Metals Limited’s stock soared to a 52-week high, reaching $28.95 as investors flock to safe-haven assets amidst market volatility. With a market capitalization of $533.19 million and an attractive P/E ratio of 4.63, the company maintains strong fundamentals. InvestingPro analysis reveals the company’s robust financial health, with a current ratio of 6.68 indicating solid liquidity. The surge represents an 86.5% increase over the past year, highlighting a significant turnaround for the investment company specializing in gold and precious metals. This impressive ascent reflects growing investor confidence in the sector, which has seen a resurgence in demand as a hedge against inflation and economic uncertainty. The 52-week high milestone underscores ASA’s strong performance in a year that has witnessed substantial gains for precious metal assets. InvestingPro subscribers can access 8 additional key insights about ASA’s performance and outlook.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.