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Globe Newswire (Tue, 16-Jul 10:00 AM ET)
A-Mark Precious Metals Announces Quarterly Cash Dividend
Globe Newswire (Mon, 8-Jul 8:00 AM ET)
Globe Newswire (Mon, 24-Jun 8:00 AM ET)
A-Mark Precious Metals Reports Fiscal Third Quarter 2024 Results
Globe Newswire (Tue, 7-May 4:05 PM ET)
Globe Newswire (Tue, 7-May 10:00 AM ET)
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.
A-Mark Precious Metals trades on the NASDAQ stock market under the symbol AMRK.
As of July 26, 2024, AMRK stock price climbed to $38.40 with 288,274 million shares trading.
AMRK has a beta of 0.58, meaning it tends to be less sensitive to market movements. AMRK has a correlation of 0.03 to the broad based SPY ETF.
AMRK has a market cap of $879.16 million. This is considered a Small Cap stock.
Last quarter A-Mark Precious Metals reported $3 billion in Revenue and $.21 earnings per share. This beat revenue expectation by $581 million and missed earnings estimates by -$.48.
In the last 3 years, AMRK stock traded as high as $44.60 and as low as $22.50.
The top ETF exchange traded funds that AMRK belongs to (by Net Assets): VTI, IWM, VXF, FNDA, IWN.
AMRK has underperformed the market in the last year with a return of -2.7%, while the SPY ETF gained +21.0%. In the last 3 month period, AMRK fell short of the market, returning +0.2%, while SPY returned +8.5%. However, in the most recent 2 weeks AMRK has outperformed the stock market by returning +8.1%, while SPY returned -2.2%.
AMRK support price is $35.90 and resistance is $37.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMRK stock will trade within this expected range on the day.