In a recent transaction, Merk Alexander, the Chief Operating Officer of ASA Gold & Precious Metals Ltd (NYSE:ASA), acquired a significant number of shares in the company. According to a filing with the Securities and Exchange Commission, Alexander purchased a total of 28,860 shares over two transactions. The purchases, which took place on January 8 and January 10, 2025, were executed at a weighted average price ranging from $21.66 to $22.09 per share, amounting to an investment of approximately $634,719.
The transactions increased Alexander’s (NYSE:) direct ownership to 243,357 shares. Additionally, Alexander holds 13,355 shares indirectly, under the ownership of a spouse. This move reflects a strategic investment in ASA Gold & Precious Metals, a company known for its focus on gold and precious metal investments.
In other recent news, ASA Gold & Precious Metals Ltd has been in the spotlight due to a series of developments. The…