Welcome to our dedicated page for A-Mark Precious news (Ticker: AMRK), a resource for investors and traders seeking the latest updates and insights on A-Mark Precious stock.
A-Mark Precious Metals, Inc. (AMRK) provides investors and industry stakeholders with critical updates through this dedicated news hub. As a leading fully integrated precious metals platform, the company's announcements span wholesale trading activities, retail operations through subsidiaries like JM Bullion, and secured lending via Collateral Finance Corporation.
This resource aggregates official press releases, regulatory filings, and market-moving developments. Users will find updates on quarterly earnings, strategic partnerships, inventory acquisitions, and operational expansions. The curated collection serves as a reliable reference for tracking AMRK's position in global bullion markets and ancillary services.
Content categories include product launches, mint collaborations, logistics advancements, and financial performance reports. Each entry maintains factual accuracy while avoiding speculative commentary, adhering to strict compliance standards.
Bookmark this page for streamlined access to A-Mark's evolving business narrative. Regular updates ensure stakeholders stay informed about the company's role in precious metals distribution, storage solutions, and commodity-backed financial services.
A-Mark Precious Metals (NASDAQ: AMRK) has announced its Board of Directors has declared a quarterly cash dividend of $0.20 per share. The dividend maintains the company's current dividend program and will be payable on January 28, 2025, to stockholders of record as of January 14, 2025. A-Mark, which operates as a leading fully integrated precious metals platform, continues its commitment to returning value to shareholders through its dividend program.
A-Mark Precious Metals (NASDAQ: AMRK) reported fiscal Q1 2025 results with diluted earnings per share of $0.37, down from $0.77 year-over-year. Revenue increased 9% to $2.72 billion, while gross profit decreased 12% to $43.4 million. The company extended its $422.5 million credit facility to September 2026 and reaffirmed its quarterly dividend of $0.20 per share. Net income decreased 52% to $9.0 million, impacted by slower market conditions and elevated precious metals prices. Silver Towne Mint acquired Regency Mint Manufacturing assets, expanding minting capacity and customer base.
A-Mark Precious Metals, Inc. (NASDAQ: AMRK) has announced its upcoming fiscal first quarter earnings call, scheduled for Wednesday, November 6, 2024, at 4:30 p.m. Eastern time. The company, a leading fully integrated precious metals platform, will discuss results for the quarter ended September 30, 2024. Financial results will be released in a press release before the call.
The conference call will be accessible via webcast and telephone. Interested parties can join the webcast at https://www.webcaster4.com/Webcast/Page/2867/51425 or dial in using the provided U.S. and international numbers. A replay of the call will be available until November 20, 2024, and the live broadcast will also be accessible through A-Mark's Investor Relations website.
A-Mark Precious Metals, Inc. (Nasdaq: AMRK) has announced that its subsidiary, Silver Towne Mint, has acquired substantially all assets of Regency Mint Manufacturing, for $2 million. This strategic acquisition is expected to increase A-Mark's total minting capacity to 100 million ounces annually over the long term.
Key benefits of the acquisition include:
- Additional capacity for proof-quality coins, rounds, and breakable rounds
- New extrusion equipment for faster and more efficient production of fractional products
- Increase in Silver Towne Mint's struck products capacity from 30 million to over 50 million ounces per year
- Acquisition of Regency Mint's entire customer list
The acquired equipment will be moved to Silver Towne Mint's facility in Winchester, Indiana, with some placed in storage until more facility space is created.
A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading fully integrated precious metals platform, has announced a quarterly cash dividend of $0.20 per share. This decision maintains the company's current dividend program. The dividend will be payable on October 22, 2024, to stockholders of record as of October 8, 2024. This announcement demonstrates A-Mark's commitment to providing regular returns to its shareholders, reflecting the company's financial stability and confidence in its business model.
A-Mark Precious Metals (NASDAQ: AMRK) reported preliminary results for fiscal Q4 and full year 2024. The company achieved $9.7 billion in revenues for FY 2024 with preliminary diluted EPS of $2.75 ($2.15 excluding a $14.4 million estimated remeasurement gain). Despite softer market conditions, A-Mark delivered profitable results, demonstrating the strength of its integrated platform. Key highlights include:
- Q4 gross profit increased 23% from Q3
- Over 3 million Direct-to-Consumer customers by year-end
- Significant international expansion through LPM Group acquisition and increased stake in Silver Gold Bull
- Repurchased $22.4 million of common stock
- Amended credit facility, increasing revolving commitment to $422.5 million
The company reaffirmed its regular quarterly cash dividend of $0.20 per share and remains optimistic about its business model's ability to sustain profitability and generate long-term shareholder value.
Aramark Sports + Entertainment (NYSE: ARMK) is expanding its NCAA portfolio and implementing major renovations ahead of the 2024 college football season. The company has added Georgia Southern University and Washington State University as new clients, expanded services at East Carolina University, and conducted significant renovations at Louisiana State University, the University of North Carolina, and the University of Tennessee.
Aramark is focusing on enhancing fan engagement and operational excellence across its 21 NCAA sports venues. Key improvements include:
- Launching new premium hospitality brands at East Carolina and Washington State
- Introducing Walk Thru Bru express markets at Georgia Southern and University of Georgia
- Implementing VisioLab self-checkout technology at Georgia Southern
- Reimagining food concepts at the University of Virginia, University of North Carolina, and NC State
These enhancements aim to improve speed of service, increase local food variety, and create memorable experiences for college sports fans.
A-Mark Precious Metals (NASDAQ: AMRK) has scheduled its fiscal fourth quarter and full year 2024 earnings call for Thursday, August 29, at 4:30 p.m. ET. The company, a leading integrated precious metals platform, will release its financial results for the period ended June 30, 2024, prior to the call. Management will host the presentation, followed by a Q&A session.
Investors can access the call via webcast or phone, with both U.S. and international dial-in numbers provided. A replay will be available until September 12, 2024. The call will also be broadcast live and archived on A-Mark's investor relations website.
A-Mark Precious Metals, Inc. (NASDAQ: AMRK) has announced its participation in two upcoming conferences in September 2024. The company will attend the 2024 Gateway Conference in San Francisco on September 4-5, where management will present on September 4th at 10:30 a.m. PDT. Additionally, A-Mark will participate in the Gold Forum Americas 2024 Conference in Colorado Springs from September 15-18, with a presentation scheduled for September 17th at 1:20 p.m. MDT.
These events offer investors and analysts opportunities to gain insights into A-Mark through one-on-one meetings, group presentations, and networking activities. The Gateway Conference presentation will be webcast live and available for replay. The Gold Forum Americas is expected to showcase a significant portion of the world's publicly traded gold and silver companies.
A-Mark Precious Metals (NASDAQ: AMRK), a leading precious metals platform, has announced a quarterly cash dividend of $0.20 per share.
The dividend will be payable on July 31, 2024, to stockholders of record as of July 18, 2024. This decision reflects the company's ongoing dividend program and commitment to return value to its shareholders.
The announcement underscores A-Mark's solid financial position and its ability to generate consistent returns for investors.