A-Mark Precious Metals Inc


AMRK

Price

72.035


Change

1.315


High

NA


Low

NA


Avg Volume

89,364


PE Ratio

NA


52 Week High

80.93


52 Week Low

24.26



Profile

A-Mark Precious Metals -- founded in 1965 as A Mark Coin Company -- is a precious metals trading company. It was the first company allowed to make and sell coins from the metals recovered in the shipwreck of SS Gairsoppa. As of 2018 it was a Fortune 500 company. In 2020 it fell off the Fortune 500 to the Fortune 1000.It offers gold, silver, platinum and palladium products for storage and delivery. This can be stored via bars, coins, grain and wafers. Greg Manning Auctions Inc. bought a majority stake in A-Mark for $16 million in 2005. Thereafter, the firm changed its name to Escala Group, then to Spectrum Group International Inc. In 2009, it purchased the remainder of A-Mark. In 2014, Spectrum spun off A-Mark so that it could be publicly traded.


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