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A-Mark Precious Metals Sets Fiscal Third Quarter 2024 Earnings Call for Tuesday, May 7, at 4:30 p.m. ET
A-Mark Precious MetalsA-Mark Precious Metals(US:AMRK) Newsfilterยท2024-04-16 20:05

Company Overview - A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform founded in 1965, offering a range of products including gold, silver, platinum, palladium, and copper bullion, as well as numismatic coins [3] - The company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending [3] Wholesale Sales & Ancillary Services - This segment distributes and purchases precious metal products from various mints, including the U.S. Mint, and has longstanding distributorships with other sovereign mints [4] - A-Mark sells over 200 different products to various customers, including e-commerce retailers, financial institutions, and industrial users [4] Direct-to-Consumer Segment - A-Mark operates as an omni-channel retailer through subsidiaries like JM Bullion and Goldline, providing access to a wide array of precious metal products [6][7] - JM Bullion operates multiple branded websites targeting specific niches within the precious metals market and offers a platform for purchasing fractional shares of digital precious metals [7] Secured Lending Segment - The Secured Lending segment is managed through Collateral Finance Corporation, which originates and acquires loans secured by bullion and numismatic coins [8] Upcoming Conference Call - A-Mark will hold a conference call on May 7, 2024, at 4:30 p.m. Eastern time to discuss its fiscal third quarter results for the period ending March 31, 2024 [1] - Financial results will be released prior to the call, and a replay will be available after the call until May 21, 2024 [2]