After reaching an important support level, A-Mark Precious Metals, Inc. (AMRK) could be a good stock pick from a technical perspective. AMRK recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover invo ...

Goldmoney Inc. Announces Results of 2025 Annual Meeting of ShareholdersOctober 08, 2025 7:00 AM EDT | Source: GoldMoney Inc.Tortola, British Virgin Islands--(Newsfile Corp. - October 8, 2025) - Goldmoney Inc. (TSX: XAU) (US: XAUMF) ("Goldmoney" or the "Company") is pleased to announce the results of its annual meeting of shareholders (the "Meeting"), held virtually on October 7, 2025. A total of 7,699,774 common shares, representing 60.7% of the issued and outstanding common shares of the Comp ...

Gold prices hit $4,000 an ounce for the first time Tuesday as investors piled into the precious metal at a time of stubborn inflation, a lingering government shutdown and deepening geopolitical risks.Gold futures briefly touched $4,005.80 before settling just below the milestone on Tuesday morning.Prices have soared more than 50% this year, fueled by fears of a prolonged funding crisis in Washington and President Donald Trump’s escalating trade clashes with China and the European Union. 4 Gold prices hit ...

Market Overview - The U.S. stock market has reached record highs following the Fed's first rate cut of the year, reducing rates by 25 basis points to 4-4.25% [1] - The Fed's indication of potential further cuts through 2026 and 2027 has bolstered investor confidence in supportive monetary policy despite slowing growth [1] Investment Strategy - Relative price strength is emphasized as a strategy to identify market leaders likely to outperform [2] - Stocks such as Tutor Perini Corporation (TPC), RF Industries, Ltd. (RFIL), and A-Mark Precious Metals, Inc. (AMRK) are recommended based on their relative price strength [2] Stock Performance Metrics - A stock's potential for returns is primarily assessed through earnings and valuation ratios, alongside its price performance relative to peers [3] - Stocks outperforming their industries or benchmarks should be included in investment portfolios for higher return potential [4] Earnings Estimates and Analyst Sentiment - Stocks that have outperformed the S&P 500 over the past 1 to 3 months and show solid fundamentals are considered optimal for investment [5] - Positive revisions in earnings estimates are crucial, as upward revisions typically lead to price gains [6] Screening Parameters - Stocks must show positive relative price changes over 12 weeks, 4 weeks, and 1 week, alongside positive current-quarter estimate revisions [7] - Only Zacks Rank 1 (Strong Buy) stocks, which have historically outperformed the S&P 500, are included in the screening process [8] Company-Specific Insights - Tutor Perini Corporation (TPC) has a 2025 earnings estimate indicating 220.8% growth, with shares up 153.1% over the past year [9][11] - RF Industries (RFIL) projects a 422.2% growth in 2025 earnings, with shares surging 132.2% in a year [9][13] - A-Mark Precious Metals (AMRK) has a 2026 earnings estimate showing 58.1% year-over-year growth, although shares have declined by 40.3% in the past year [9][15]

Tradewind Provides Update on Reverse Take-Over by Leonovus and C$5 Million Brokered FinancingSeptember 25, 2025 9:00 AM EDT | Source: Wellfield Technologies Inc.Tradewind's VaultChain™ Gold and VaultChain™ Silver programs provide digital purchase and secure storage of physical precious metals at the Royal Canadian Mint. The platform currently holds over CAD $334,000,000 in customer gold and silver.Royal Canadian Mint-backed custody offers a recognized and secure ownership structure for VaultCh ...

Goldmoney Inc. Announces Normal Course Issuer BidSeptember 19, 2025 7:00 AM EDT | Source: GoldMoney Inc.Tortola, British Virgin Islands--(Newsfile Corp. - September 19, 2025) - Goldmoney Inc. (TSX: XAU) (US: XAUMF) ("Goldmoney" or the "Company"), today announced acceptance by the Toronto Stock Exchange (the "TSX") of Goldmoney's Notice of Intention to make a normal course issuer bid (the "NCIB") to purchase for cancellation up to 777,262 common shares (the "Shares") of Goldmoney. The Shares re ...

A recent rally in gold prices has made collectors' stacks of the yellow metal more valuable than ever, bringing fresh urgency to the question of how to keep it safe. For starters, most collectors aren't taking their gold to a bank."About 95% of our customers want personal possession," said Stefan Gleason, CEO of Money Metals Exchange, a large precious metals dealer in the US. The spot price of gold topped more than $3,700 per ounce on Tuesday. It dipped following Wednesday's rate cut from the Federal Rese ...

Core Viewpoint - The recent turmoil in the Shenzhen gold trading market, particularly involving the company "Yue Baoxin," has exposed the hidden risks of high-leverage gambling practices in the industry, coinciding with a significant rise in gold prices. Group 1: Company Overview - "Yue Baoxin" was located in a building where many gold and jewelry businesses operated, primarily catering to industry insiders and speculators [6][10] - The company has been reported to have closed down, leaving behind a disorganized office space and a fish tank with "wealth-attracting" goldfish still swimming [8][12] - Another company, "Shichuang Xincheng," has also been found to be vacant for a longer period and is in the process of being re-rented, indicating a broader trend of instability in the market [8][10] Group 2: Market Dynamics - The gold price in the Shenzhen market reached a high of 839 yuan per gram, up from 700 yuan per gram six months prior, reflecting a significant increase of 19.86% [17] - The market has been characterized by various speculative practices, including short selling and leveraging, which have contributed to the current crisis [6][14] - The "gold price locking" model, which allows investors to secure gold at a predetermined price with minimal upfront capital, has been likened to a form of gambling, with leverage ratios reaching as high as 80 times [15][19] Group 3: Regulatory Concerns - The lack of regulatory oversight in the gold trading sector has been highlighted, with many companies operating in a gray area, leading to potential illegal activities [20][22] - The current legal framework does not adequately address the risks associated with the "gold price locking" model, which has evolved into a high-risk speculative practice [21][22] - Recommendations have been made to increase the barriers to entry for gold trading businesses to prevent further incidents of financial misconduct [20][22]

Core Insights - Investor sentiment remains bullish despite higher inflation due to tariff policies, with the Federal Reserve expected to lower interest rates for the first time this year as the labor market deteriorates [1] Group 1: Stock Recommendations - A-Mark Precious Metals, Inc. (AMRK) is recommended, with a projected earnings increase of 58.1% year-over-year for fiscal 2026 and a 20% upward revision in broker ratings over the past four weeks [7][9] - Daktronics, Inc. (DAKT) is highlighted, expecting a 28.2% earnings growth for fiscal 2026, supported by a 33.3% broker rating upgrade [10][9] - Ranger Energy Services, Inc. (RNGR) is also noted, with anticipated earnings growth of 53.1% year-over-year in 2025 and a 33.3% increase in broker ratings recently [12][9] Group 2: Broker Insights - Brokers provide valuable insights by engaging with top management, analyzing public filings, and participating in conference calls, which helps in evaluating company fundamentals in the context of current economic conditions [3] - While broker stock upgrades are significant, they should not be the sole basis for portfolio construction; additional factors must be considered for long-term returns [4] Group 3: Stock Screening Strategy - A screening strategy is proposed that includes stocks with broker rating upgrades of 1% or more over the last four weeks, current prices above $5, and an average 20-day volume greater than 100,000 [5] - Stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) have a proven record of success, especially when combined with a VGM Score of A or B [6]

Core Viewpoint - A-Mark Precious Metals (AMRK) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is effective for individual investors as it focuses on earnings estimate revisions, which are crucial for near-term stock price movements [2][4]. - A-Mark's upgrade reflects an optimistic earnings outlook, likely leading to increased buying pressure and a rise in stock price [3][5]. Impact of Institutional Investors - Changes in earnings estimates are closely correlated with stock price movements, largely due to institutional investors who adjust their valuations based on these estimates [4]. Earnings Estimate Revisions for A-Mark - A-Mark is projected to earn $3.43 per share for the fiscal year ending June 2026, with no year-over-year change expected [8]. - Over the past three months, the Zacks Consensus Estimate for A-Mark has increased by 26.1%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - A-Mark's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].