A-Mark Precious Metals (NASDAQ:AMRK) Posts Earnings Results, Beats Expectations By $1.14 EPS

A-Mark Precious Metals (NASDAQ:AMRK) released its quarterly earnings results on Thursday. The company reported $2.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.35 by $1.14, MarketWatch Earnings reports. A-Mark Precious Metals had a return on equity of 39.13% and a net margin of 0.56%.

Shares of A-Mark Precious Metals stock opened at $33.15 on Friday. The company has a market capitalization of $183.20 million, a P/E ratio of 7.73 and a beta of -0.19. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.64 and a current ratio of 1.19. The company has a fifty day moving average of $24.01 and a 200 day moving average of $17.13. A-Mark Precious Metals has a fifty-two week low of $7.47 and a fifty-two week high of $33.15.

AMRK has been the topic of a number of recent research reports. TheStreet raised A-Mark Precious Metals from a “d” rating to a “c-” rating in a research note on Friday, May 22nd. Roth Capital started coverage on shares of A-Mark Precious Metals in a report on Monday, August 24th. They set a “buy” rating and a $30.00 target price for the company.

About A-Mark Precious Metals

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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