A-Mark Precious Metals announces fiscal second quarter 2022
EL SEGUNDO, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, will host a conference call on Tuesday, February 8 at 4:30 p.m. Eastern Time to discuss results for the second fiscal quarter ended December 31, 2021. Financial results will be released in a press release ahead of the call. A-Mark management will moderate the presentation followed by a question and answer period.
A-Mark’s conference call can be accessed as follows:
Date: Tuesday 8 February 2022
Time: 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)
US dial-in number: 1-877-407-0789
International number: 1-201-689-8562
Conference ID: 13726226
The conference call will be streamed live and can be replayed in the Investor Relations section of A-Mark’s website at www.amark.com.
Please call the conference phone number 10 minutes before the start. An operator registers your name and organization. If you are having difficulty participating in the conference call, please contact A-Mark’s Investor Relations team at 1-949-574-3860.
A replay of the call will be available on the same day until February 22, 2022 after 7:30 p.m. Eastern Time.
Toll-free retry number: 1-844-512-2921
International Replay Number: 1-412-317-6671
Conference ID: 13726226
About A-Mark precious metals
Founded in 1965, A-Mark Precious Metals, Inc. (NASDAQ: AMRK) is a premier, fully integrated precious metals platform offering a line of gold, silver, platinum, palladium and copper bars, numismatic coins and related products for the… Wholesale offers to retail customers through a portfolio of channels. The Company conducts its business through three complementary segments: Wholesale Sales and Ancillary Services, Direct Sales and Secured Lending. The company’s global customer base includes government and private mints, manufacturers and processors, refiners, distributors, financial institutions, industrial users, investors, collectors, e-commerce and other retail customers.
A-Mark’s Wholesale Sales & Ancillary Services segment distributes and purchases bullion products from government and private mints. As an authorized buyer of gold, silver and platinum coins by the US Mint since 1986, A-Mark purchases bullion products directly from the US Mint for sale to customers. A-Mark also has longstanding distribution partnerships with other sovereign mints including Australia, Austria, Canada, China, Mexico, South Africa and the United Kingdom. The company sells more than 200 different products to e-commerce retailers, coin and bar dealers, financial institutions, brokers and collectors. In addition, A-Mark sells precious metal products to industrial users, including metal refiners, manufacturers and electronics manufacturers.
Through its subsidiary AM Global Logistics, A-Mark offers its customers a range of complementary services including managed bullion warehousing options, as well as receiving, handling, inventorying, processing, packaging and shipping bullion and coins on a vault basis. A-Mark’s mint operations, conducted by its wholly owned subsidiary Silver Towne Mint, enable the Company to offer its customers a wide array of proprietary coin and bar offerings during times of market volatility when silver bullion availability is limited by government Mints low is often product-restricted, preferential product access.
A-Mark’s direct-to-consumer segment operates as an omnichannel bullion trader, providing access to a variety of products through its wholly owned subsidiaries JM Bullion and Goldline. JM Bullion is a leading e-commerce retailer of precious metals and operates five separate branded proprietary websites targeting specific niches within the precious metals market: JMBullion.com, ProvidentMetals.com, Silver.com, GoldPrice.org, SilverPrice.org. Goldline markets precious metals directly to the investment community through various channels including television, radio and telephone sales efforts. A-Mark also holds minority interests in two other direct-to-consumer brands.
The Company operates its Secured Lending segment through its wholly owned subsidiaries, Collateral Finance Corporation (CFC) and AM Capital Funding. Founded in 2005, CFC is a California licensed lender that originates and acquires loans backed by bars and numismatic coins. Customers include coin and precious metal dealers, investors and collectors. AM Capital Funding was formed in 2018 to securitize eligible secured loans from CFC.
A-Mark is headquartered in El Segundo, California with additional offices and facilities in the neighboring Los Angeles area, Dallas, TX, Las Vegas, NV, Winchester, IN, and Vienna, Austria. Visit www.amark.com for more information.
Steve Reiner, Executive Vice President, Capital Markets and Investor Relations
A-Mark Precious Metals, Inc.
Investor Relations contact:
Matt Glover or Jeff Grampp, CFA
Gateway Investor Relations