A-Mark Precious MetalsAMRK
AMRK
About: A-Mark Precious Metals Inc is a precious metal trading company. It is principally engaged in the wholesale of gold, silver, platinum, copper, and palladium bullion and related products in the form of bars, wafers, coins, and grains. The company's operating segment includes Wholesale Sales and Ancillary Services; Secured Lending and Direct-to-Consumer. 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 and the rest from Europe, Asia Pacific, Australia, Africa, and other regions.
Employees: 489
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
333% more call options, than puts
Call options by funds: $32M | Put options by funds: $7.39M
66% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 29
41% more capital invested
Capital invested by funds: $477M [Q2] → $674M (+$198M) [Q3]
12% more funds holding
Funds holding: 153 [Q2] → 172 (+19) [Q3]
2.23% more ownership
Funds ownership: 64.32% [Q2] → 66.55% (+2.23%) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 48
50% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 2 (-2) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$43
67%
upside
Avg. target
$43
67%
upside
High target
$43
67%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
DA Davidson Michael Baker 58% 1-year accuracy 23 / 40 met price target | 67%upside $43 | Buy Maintained | 7 Nov 2024 |
Financial journalist opinion
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for November 11th
AMRK, ANIK and ALG have been added to the Zacks Rank #5 (Strong Sell) List on November 11, 2024.
Neutral
Seeking Alpha
1 month ago
A-Mark Precious Metals, Inc. (AMRK) Q1 2025 Earnings Call Transcript
A-Mark Precious Metals, Inc. (AMRK) Q1 2025 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
A-Mark Precious Metals (AMRK) Q1 Earnings Miss Estimates
A-Mark Precious Metals (AMRK) came out with quarterly earnings of $0.61 per share, missing the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.09 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
A-Mark Precious Metals Sets Fiscal First Quarter Earnings Call for Wednesday, November 6, at 4:30 p.m. ET
EL SEGUNDO, Calif., Oct. 16, 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 Wednesday, November 6, 2024 at 4:30 p.m. Eastern time to discuss results for the fiscal first quarter ended September 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.
Neutral
GlobeNewsWire
2 months ago
Silver Towne Mint Acquires Assets of Regency Mint Manufacturing
Strategic Tuck-In Acquisition Expected to Increase A-Mark's Total Minting Capacity to 100MM Ounces Annually Over the Long Term Strategic Tuck-In Acquisition Expected to Increase A-Mark's Total Minting Capacity to 100MM Ounces Annually Over the Long Term
Positive
Seeking Alpha
2 months ago
A-Mark Precious Metals: Smart Leverage To Gold/Silver, Benefiting From Bullion Run
A-Mark Precious Metals is performing well, with dollar sales supported by rising gold/silver prices. $1.1 billion in physical metals, lower-cost inventory, is also desirable to own. AMRK's valuation remains fairly attractive, with the potential for significant income growth if bullion/coin demand leaps soon. The Company's bullish chart pattern mirrors 2020, suggesting further shareholder gains supported by geopolitical tensions and central bank easing.
Neutral
GlobeNewsWire
2 months ago
A-Mark Precious Metals Announces Quarterly Cash Dividend
EL SEGUNDO, Calif., Sept. 24, 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 October 22, 2024, to stockholders of record as of October 8, 2024.
Neutral
Seeking Alpha
3 months ago
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.
Neutral
GlobeNewsWire
3 months ago
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.
Neutral
GlobeNewsWire
4 months ago
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.
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