Gold prices tick higher on fresh U.S. tariff threats, Fed rate cut hopes
EL SEGUNDO, Calif. - A-Mark Precious Metals, Inc. (NASDAQ:AMRK) announced Monday that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining its current dividend program.
The dividend will be payable on August 1, 2025, to stockholders of record as of July 18, 2025, according to a company press release.
A-Mark Precious Metals operates as a fully integrated precious metals platform offering services across three business segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending.
The company serves a diverse customer base including sovereign and private mints, manufacturers, refiners, dealers, financial institutions, industrial users, investors, and collectors. As a U.S. Mint-authorized purchaser since 1986, A-Mark purchases bullion products directly from the U.S. Mint for distribution to customers.
A-Mark’s subsidiary portfolio includes Stack’s Bowers Galleries, a rare coin and currency auction house; JM Bullion, which operates multiple precious metals retail websites; and Silver Towne Mint, which provides the company with minting capabilities.
The El Segundo-based company maintains additional offices and facilities in Los Angeles, Dallas, Las Vegas, Winchester (Indiana), Vienna (Austria), and Hong Kong.
In other recent news, Amark Precious Metals reported a net loss of $8.5 million in its Q3 Fiscal 2025 earnings, with earnings per share (EPS) showing a loss of $0.36, missing the forecasted EPS of $0.6507. Despite this, the company achieved a 15% year-over-year revenue increase to $3 billion, surpassing the forecast of $2.66 billion. Amark’s strategic acquisitions, including Pinehurst Coin Exchange and Spectrum Group International, were highlighted as part of its expansion efforts. The company maintains a strong cash position of $114.3 million, up from $48.6 million at the end of the previous fiscal year. Amark also reported a gross profit increase of 18% to $41 million. Analysts from firms like ROTH Capital Partners and Maxim Group engaged with the company on the impact of backwardation and market conditions on earnings. Future EPS forecasts remain cautious, with projections of $0.8 for Q4 FY2025 and $0.35 for Q1 FY2026. Despite the challenges, CEO Greg Roberts expressed confidence in the company’s resilience and strategic direction.
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