Key Details
Price
$30.48Last Dividend
$0.20Annual ROE
10.86%Beta
0.80Events Calendar
Next earnings date:
Feb 06, 2025Recent quarterly earnings:
Nov 06, 2024Recent annual earnings:
Aug 29, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Oct 08, 2024Next split:
N/ARecent split:
June 07, 2022Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
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.
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
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.
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.
$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.
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.
For years following the worst of the COVID-19 crisis, the Federal Reserve wrestled with blistering inflation. Unfortunately, it was a necessary evil.
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.
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 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.
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