A-Mark Precious Metals (NASDAQ:AMRK) issued its earnings results on Thursday. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.08 by $0.13, Fidelity Earnings reports. The company had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.72 billion. A-Mark Precious Metals had a negative net margin of 0.04% and a negative return on equity of 0.62%.

Shares of NASDAQ:AMRK traded up $0.84 during midday trading on Friday, hitting $13.24. 33,843 shares of the stock were exchanged, compared to its average volume of 9,676. The company has a market capitalization of $87.68 million, a PE ratio of -220.67 and a beta of 0.07. The company has a quick ratio of 0.64, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. A-Mark Precious Metals has a twelve month low of $10.39 and a twelve month high of $15.80.

Several equities research analysts have commented on AMRK shares. Zacks Investment Research upgraded shares of A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research report on Wednesday. ValuEngine raised A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research note on Tuesday, July 31st. B. Riley reaffirmed a “neutral” rating and set a $16.50 price target (up previously from $16.00) on shares of A-Mark Precious Metals in a research note on Monday, September 17th. Finally, TheStreet downgraded A-Mark Precious Metals from a “c” rating to a “d+” rating in a research note on Monday, September 24th. Four analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and a consensus target price of $15.67.

In other news, major shareholder William A. Richardson purchased 8,900 shares of the business’s stock in a transaction dated Monday, October 15th. The stock was acquired at an average price of $12.50 per share, with a total value of $111,250.00. Following the purchase, the insider now directly owns 265,088 shares of the company’s stock, valued at approximately $3,313,600. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 39.50% of the company’s stock.

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A-Mark Precious Metals Company Profile

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company worldwide. The company offers gold, silver, platinum, and palladium in the form of bars, plates, powder, wafers, grains, ingots, and coins, as well as distributes gold and silver coins and bars from sovereign and private mints.

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Earnings History for A-Mark Precious Metals (NASDAQ:AMRK)

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