A-Mark Precious MetalsAMRK
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
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
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
DA Davidson Michael Baker 63% 1-year accuracy 20 / 32 met price target | 7%upside $47 | Buy Maintained | 5 Sept 2024 |
Financial journalist opinion
Based on 3 articles about AMRK published over the past 30 days