A-Mark Precious Metals
AMRK

$43.86

1.06%

Market Cap: $1.01B

About: A-Mark Precious Metals Inc is a precious metal trading company. It is principally engaged in the wholesale of gold, silver, platinum and palladium bullion and related products in the form of bars, wafers, coins, and grains. The company's operating segment includes Wholesale Trading and Ancillary Services; Secured Lending and Direct Sales. It generates maximum revenue from the Wholesale Trading and Ancillary Services segment. The Wholesale Trading and Ancillary Services segment comprises business units such as Industrial, Coin and Bar, Trading and Finance, Storage, Logistics, and Mint. Geographically, it derives a majority of its revenue from the United States.

Employees: 429

Industrials Jewelry, Watches, Precious Stones & Metals

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

156% more call options, than puts

Call options by funds: $41.9M | Put options by funds: $16.3M

100% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 4 (+2) [Q2]

53% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 30

12% more funds holding

Funds holding: 136 [Q1] → 152 (+16) [Q2]

1% more capital invested

Capital invested by funds: $465M [Q1] → $470M (+$4.99M) [Q2]

2.87% less ownership

Funds ownership: 66.27% [Q1] → 63.4% (-2.87%) [Q2]

13% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 47

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$47

7%

upside

Avg. target

$47

7%

upside

High target

$47

7%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

DA Davidson

Michael Baker

63% 1-year accuracy

20 / 32 met price target

7%upside

$47

Buy

Maintained

5 Sept 2024

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Financial journalist opinion

Based on 3 articles about AMRK published over the past 30 days

A-Mark Precious Metals, Inc. (AMRK) Q4 2024 Earnings Call Transcript

A-Mark Precious Metals, Inc. (NASDAQ:AMRK ) Q4 2024 Earnings Conference Call August 29, 2024 4:30 PM ET Company Participants Greg Roberts - Chief Executive Officer Thor Gjerdrum - President Kathleen Simpson Taylor - Chief Financial Officer Conference Call Participants Thomas Forte - Maxim Group Andrew Scutt - ROTH Capital Partners Greg Gibas - Northland Securities Sy Jacobs - Jacobs Asset Management Operator Good afternoon. And welcome to A-Mark Precious Metals Conference Call for the Fiscal Fourth Quarter and Full Year ended June 30, 2024.

A-Mark Precious Metals, Inc. (AMRK) Q4 2024 Earnings Call Transcript

A-Mark Precious Metals Reports Preliminary Fiscal Fourth Quarter and Preliminary Full Year 2024 Results

$9.7 Billion of Revenues for Full Year 2024 Preliminary Full Year 2024 Diluted Earnings per Share of $ 2.75 ($2.15 Excluding $14.4 Million Estimated Preliminary Remeasurement Gain) Company Reaffirms Regular Quarterly Cash Dividend of $0.20 per share Credit Facility Amended Increasing Revolving Commitment to $422.5 Million EL SEGUNDO, Calif., Aug. 29, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading fully integrated precious metals platform, reported preliminary results for the fiscal fourth quarter and full year ended June 30, 2024.

A-Mark Precious Metals Reports Preliminary Fiscal Fourth Quarter and Preliminary Full Year 2024 Results

A-Mark Precious Metals Sets Fiscal Fourth Quarter and Full Year 2024 Earnings Call for Thursday, August 29, at 4:30 p.m. ET

EL SEGUNDO, Calif., Aug. 20, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, will hold a conference call on Thursday, August 29, 2024 at 4:30 p.m. Eastern time to discuss results for the fiscal fourth quarter and full year ended June 30, 2024. Financial results will be issued in a press release prior to the call. A-Mark management will host the presentation, followed by a question-and-answer period.

A-Mark Precious Metals Sets Fiscal Fourth Quarter and Full Year 2024 Earnings Call for Thursday, August 29, at 4:30 p.m. ET

7 Risk-On Stocks to Buy as Rate Cut Fervor Intensifies

For years following the worst of the COVID-19 crisis, the Federal Reserve wrestled with blistering inflation. Unfortunately, it was a necessary evil.

7 Risk-On Stocks to Buy as Rate Cut Fervor Intensifies

A-Mark Precious Metals Announces Quarterly Cash Dividend

EL SEGUNDO, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on July 31, 2024, to stockholders of record as of July 18, 2024.

A-Mark Precious Metals Announces Quarterly Cash Dividend

A-Mark: A Great Way To Outperform Gold And Diversify Risks

Gold plays a key role in portfolio diversification due to its low correlation with stocks. During gold bull runs, investors pile into gold-related investments to be exposed to magnified returns. A-Mark Precious Metals offers magnified exposure to Gold's returns without the risks associated with miners. A-Mark stock is undervalued and presents a strong buy opportunity for investors looking to diversify risks and potentially outperform Gold.

A-Mark: A Great Way To Outperform Gold And Diversify Risks

Trade of the Day: Buy A-Mark Precious Metals (AMRK) Stock as Gold Fever Rages

With the fear trade running at full speed, it might be time to look at gold trading firm A-Mark Precious Metals (NASDAQ: AMRK ). Providing various services for investors, including wholesale distribution, secured lending and direct-to-consumer networks, A-Mark offers a one-stop shop for gold, silver, platinum and palladium bars, ingots and coins.

Trade of the Day: Buy A-Mark Precious Metals (AMRK) Stock as Gold Fever Rages

A-Mark Precious Metals, Inc. (AMRK) Q3 2024 Earnings Call Transcript

A-Mark Precious Metals, Inc. (NASDAQ:AMRK ) Q3 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Greg Roberts - CEO Kathleen Simpson Taylor - CFO Thor Gjerdrum - President Conference Call Participants Mike Baker - D.A. Davidson Lucas Pipes - B.

A-Mark Precious Metals, Inc. (AMRK) Q3 2024 Earnings Call Transcript

Zacks Investment Research

A-Mark Precious Metals (AMRK) Misses Q3 Earnings Estimates

A-Mark Precious Metals (AMRK) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $2 per share a year ago.

A-Mark Precious Metals (AMRK) Misses Q3 Earnings Estimates

D.A. Davidson Acts as Buy-Side Advisor to A-Mark Precious Metals on its Acquisition of LPM Group Limited from AMS Holding

IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as buy-side advisor to A-Mark Precious Metals, Inc. (“A-Mark or “The Company) (Nasdaq: AMRK), a fully integrated precious metals platform, on its acquisition of LPM Group Limited (LPM), one of Asia's largest precious metals dealers from AMS Holding, LLC. Further, a joint venture consisting of A-Mark, Pinehurst, and Stack's Bowers Numismatics, an affiliate of A-Mark, acquired a common equity interest in AMS e.

D.A. Davidson Acts as Buy-Side Advisor to A-Mark Precious Metals on its Acquisition of LPM Group Limited from AMS Holding

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