A-Mark Precious Metals

A-Mark Precious Metals, Inc. engages in the trading of precious metals. It operates through the following segments: Wholesale Trading and Ancillary Services, Secured Lending, and Direct-to-Consumer. The Wholesale Trading and Ancillary Services segment offers gold, silver, platinum, and palladium in the form of bars, plates, powder, wafers, grain, ingots, and coins. The Secured Lending segment serves coin and precious metal dealers, investors, and collectors. The Direct-to-Consumer segment sells precious metals to the investor community. The company was founded by Steven C. Markoff on April 9, 1965 and is headquartered in El Segundo, CA.

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A-Mark Precious Metals Reports Strong Q3 Performance Amid Customer Acquisition Challenges

A-Mark's Q3 performance reflects strong financials and a focus on shareholder returns. While facing challenges in customer acquisition and average order value, the company is well-positioned to capitalize on opportunities through capacity expansion and risk management strategies.

A-Mark Precious Metals posts solid Q2 results amid market challenges

A-Mark Precious Metals reported strong financial performance driven by the DTC segment and strategic investments. Despite market challenges, the company's minting business and premium demand for Gold American Eagles remain key strengths. Opportunities lie in partnerships, customer growth initiatives, and strategic planning amidst market uncertainties.

A-Mark Precious Metals posts robust Q3 results, eyes growth opportunities

AMRK's Q3 2023 performance reflects strong financials, growth in revenue, and a focus on expanding customer reach through ISO certification.
The company's risk management approach and operational efficiency are key strengths, while challenges include market volatility and counterparty risk.
Opportunities lie in market expansion, strategic partnerships, and continued growth, supported by a positive outlook for Q4 sales and operational capabilities.

A-Mark Precious Metals reports record fiscal year performance and growth

A-Mark Precious Metals delivered a stellar performance in fiscal 2023, marked by record net income and EPS, driven by strong DTC segment contributions.
The company's strategic investments in minting operations, resilience in market changes, and prudent capital allocation strategies are key strengths.
While facing challenges like margin fluctuations and market dynamics, A-Mark's focus on expansion and careful financial management present growth opportunities.
With a positive outlook, potential for sustained success, and avenues for growth through investments and market strategies, A-Mark is well-positioned for the future.

A-Mark Precious Metals reports strong Q1 performance amidst market challenges

A-Mark Precious Metals demonstrated financial strength and resilience in Q1 2024 despite market challenges, focusing on strategic growth and maximizing customer value.
The company faces operational and market challenges but remains optimistic about potential opportunities for market share gains and strategic acquisitions.
With a prudent approach to deal-making and financial preparedness, A-Mark is well-positioned to navigate market uncertainties and drive long-term success.
Management's commitment to shareholder and employee support underscores A-Mark's dedication to sustainable growth and value creation for stakeholders.

A-Mark Precious Metals reports mixed Q2 results, eyes growth opportunities

A-Mark Precious Metals reported mixed Q2 results with revenue growth but lower gross profit, facing challenges from market conditions affecting silver product premiums.
The company is strategically focused on optimizing inventory levels, pursuing growth opportunities through acquisitions, and adapting to changing premium environments.
Strong partnerships with retailers like Walmart and Costco, coupled with the recent LPM acquisition, position A-Mark for enhanced revenue, profitability, and market share.

A-Mark reports solid Q3 earnings, focuses on growth opportunities

A-Mark Precious Metals delivered solid Q3 results with revenue growth, strategic acquisitions, and cost control measures, despite challenges in profitability.
The company's strengths lie in its adaptability to market dynamics, customer-centric approach, and innovation in product offerings and partnerships.
While facing challenges in maintaining profitability and navigating market uncertainties, A-Mark is well-positioned to capitalize on opportunities for growth and expansion.

A-Mark reports solid FY 2024 earnings, eyes global expansion

A-Mark Precious Metals delivered strong financial performance in fiscal year 2024, driven by a remeasurement gain and effective cost management strategies.
While facing challenges in revenue and gross profit in Q4 2024, the company remains resilient with a focus on operational efficiency and global expansion.
With a commitment to shareholder returns, strategic investments in automation, and a keen eye on potential acquisitions, A-Mark is poised for future growth and success.

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A-Mark Precious Metals, Inc. engages in the trading of gold, silver, platinum, and palladium bullion numismatic coins, and related products. It operates through the following segments: Wholesale Trading and Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Trading and Ancillary Services segment is involved in the distribution and purchasing of metal products from sovereign and private mints. The Direct-to-Consumer segment provides access to a multitude of products through its wholly owned subsidiaries. The Secured Lending segment includes coin and precious metal dealers, investors, and collectors. The company was founded by Steven C. Markoff on April 9, 1965 and is headquartered in El Segundo, CA.

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.

A-Mark Precious Metals Sets Fiscal First Quarter Earnings Call for Wednesday, November 6, at 4:30 p.m. ET

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

Silver Towne Mint Acquires Assets of Regency Mint Manufacturing

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.

A-Mark Precious Metals: Smart Leverage To Gold/Silver, Benefiting From Bullion Run

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.

A-Mark Precious Metals Announces Quarterly Cash Dividend

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

$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

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

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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

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. (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

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

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

EL SEGUNDO, Calif., April 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 Tuesday, May 7, 2024 at 4:30 p.m. Eastern time to discuss results for the fiscal third quarter ended March 31, 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 Third Quarter 2024 Earnings Call for Tuesday, May 7, at 4:30 p.m. ET

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Russell 2000 components A-Mark Precious Metals, Marathon Digital, CleanSpark and Riot Platforms rally as gold prices, bitcoin spike near records.

Russell 2000: These Stocks Spike As Gold Trades Near Record Highs, Bitcoin Climbs Above $72,000

A-Mark Precious Metals' shares have fallen 20% since reaching a 52-week high in June 2023 due to soft supply-demand dynamics. The company's recent acquisition of Hong Kong-based LPM Group could lead to an earnings turnaround by providing access to the Asian market. With a share repurchase program and a current yield of over 2.4%, insider buying in A-Mark suggests potential value in the stock.

A-Mark Precious Metals: A Good Name For Gold Bugs

A-Mark results have been pressured by lower market premiums for gold and silver physical. The company continues to consolidate market share with an outlook supported by overall solid fundamentals. We are bullish on the stock and expect earnings to benefit as higher gold and silver prices drive a resurgence of demand for bullion and coins.

A-Mark Precious Metals: Buy The Dip With Gold At All-Time High

EL SEGUNDO, Calif., March 11, 2024 (GLOBE NEWSWIRE) --   JM Bullion, Inc. (JMB), a leading e-commerce retailer of precious metals and wholly-owned subsidiary of A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), has acquired the gold.com domain. With this acquisition, JMB now owns both gold.com and silver.com, two of the most recognizable domains in the precious metals industry.

A-Mark Precious Metals Direct-to-Consumer Subsidiary JM Bullion Acquires Gold.com Website Domain

EL SEGUNDO, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has closed its previously announced transactions with AMS Holding, LLC (AMS), a leading collector platform for the marketing and sales of vintage and modern coins. This transaction included the acquisition of LPM Group Limited (LPM), one of Asia's largest precious metals dealers.

A-Mark Closes Previously Announced Acquisition of LPM Group Limited, Marking A-Mark's Expansion into Asia

A-Mark Precious Metals, Inc. (AMRK) Q2 2024 Earnings Call Transcript

A-Mark Precious Metals (AMRK) came out with quarterly earnings of $0.90 per share, missing the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.88 per share a year ago.

A-Mark Precious Metals (AMRK) Q2 Earnings and Revenues Lag Estimates

Q2 FY 2024 Diluted Earnings Per Share of $0.57 Repurchase of 440,092 Common Shares for $12 Million Asset Backed Securitization Notes Payable paid off at Maturity Company reaffirms regular quarterly cash dividend policy of $0.20 per share EL SEGUNDO, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading fully integrated precious metals platform, reported results for the fiscal second quarter ended December 31, 2023.

A-Mark Precious Metals Reports Fiscal Second Quarter 2024 Results

Conference Call Scheduled Today at 4:30 p.m. ET to Discuss Transactions and Fiscal Second Quarter 2024 Financial Results Conference Call Scheduled Today at 4:30 p.m. ET to Discuss Transactions and Fiscal Second Quarter 2024 Financial Results

A-Mark to Acquire LPM Group Limited, One of Asia's Largest Precious Metals Dealers, Representing A-Mark's Expansion into Asia

A-Mark (AMRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate A-Mark Precious Metals (AMRK) to Report a Decline in Earnings: What to Look Out for

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