A-Mark Precious Metals, Inc. Provides Sales Results for the First Quarter Ended September 30, 2023
November 07, 2023 at 09:05 pm
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A-Mark Precious Metals, Inc. Provided Sales Results for the First Quarter Ended September 30, 2023. For the period, Gold ounces sold was 495,000 ounces from 629,000 ounces sold for the three months ended September 30, 2022. Silver ounces sold was 30,378,000 ounces from 35,917,000 ounces sold for the three months ended September 30, 2022.
A-Mark Precious Metals, Inc. is a fully integrated precious metals platform. The Company offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers. The company conducts its operations through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment operates as a full-service precious metals company. The Company operates its Direct-to-Consumer segment through its wholly owned subsidiaries JM Bullion, Inc. (JMB) and Goldline, Inc. The Company operates its Secured Lending segment through its wholly owned subsidiary Collateral Finance Corporation, LLC (CFC). JM Bullion is an e-commerce retailer of precious metals and operates seven separately branded, Company-owned websites such as JMBullion.com, ProvidentMetals.com, Silver.com, GoldPrice.org, SilverPrice.org, BGASC.com, CyberMetals.com, and BullionMax.com.