A-Mark Precious Metals, Inc. (AMRK)

In the past six months, A-Mark Precious Metals reported Q4 2025 earnings with EPS surpassing estimates but revenue falling short. The company is expected to report earnings for the fiscal quarter ending September 2025 on November 6, 2025. The stock price declined by 18% over the past year, underperforming the market, but weekly volatility has been stable. The company has continued strategic acquisitions, contributing to increased revenue and gross profit. Analysts are generally optimistic, with a "Moderate Buy" consensus rating and a forecasted upside from the current price.

A-Mark's business is influenced by world events and macroeconomic uncertainty, with increased market volatility and geopolitical tensions driving demand for precious metals. Historical stock performance suggests that buying AMRK stock in April has the highest probability of a positive return, while February has the lowest. The company's integrated capabilities allow it to optimize access to inventory, providing a consistent supply during periods of increased demand and supply constraints.

A-Mark Precious Metals, Inc. is an integrated precious metals platform operating as a wholesale distributor and e-commerce retailer. The company operates in three segments: Wholesale Sales & Ancillary Services, which involves selling precious metals and providing related services; Direct-to-Consumer (DTC), which offers precious metals and related products through various websites; and Secured Lending, which originates and acquires commercial loans secured by bullion and coins.

A-Mark Precious Metals has a global presence with operations and customers in North America, Europe, Canada, Asia Pacific, Africa, and Australia. The company has a marketing support office in Vienna, Austria, and a 24-hour trading center in El Segundo, California. Strategic acquisitions and international expansion are aimed at diversifying revenue and increasing efficiencies.

A-Mark Precious Metals aims for transparency through regular earnings calls and investor information. The company has a code of business conduct and ethics and a whistleblower policy. Sustainalytics has given A-Mark an average ESG rating. A past settlement with the CFTC impacted its reputation, but recently, its Stack's Bowers Galleries subsidiary was selected by the United States Mint to auction Sacagawea Gold Dollars, which could positively impact its brand image.

Insiders own a reasonable proportion of A-Mark Precious Metals, Inc., holding approximately US$133 million worth of shares in the US$670 million company. The general public holds about 30% ownership, and private companies hold 6.9% of the company's shares.