A-Mark Precious Metals: A Good Name For Gold Bugs

mathieukor Shares of gold and silver trading platform A-Mark Precious Metals, Inc. (NASDAQ:AMRK) are down some 20% since reaching a 52-week high in June 2023, as its silver supply-demand dynamics remain soft. As a result, the company's gross margins have been squeezed; however, a recent acquisition that provides it an entrée into the Asian market could spark an earnings turnaround. Gold is also now trading at an all-time high. With a share repurchase program and over a 2.4% current yield as the U.S. heads i ...