A-Mark Precious Metals, a renowned player in the precious metals industry, recently made significant announcements. The company declared a quarterly cash dividend of $0.20 per share, highlighting its commitment to shareholder value. This move, part of its ongoing dividend program, is set to benefit stockholders of record as of April 15, 2025, with the payment scheduled for April 29, 2025.
On April 1, 2025, A-Mark finalized the acquisition of 90% of AMS Holding, LLC, a prominent entity in the industry. AMS, established in 1984, operates the renowned GOVMINT brand, known for its extensive range of vintage and modern coins. The acquisition reflects A-Mark’s strategic expansion and diversification efforts, with AMS reporting impressive financial figures, including Total Revenue of $203.8 million and Adjusted EBITDA of $9.3 million for the year ended December 31, 2024.
Founded in 1965, A-Mark Precious Metals operates as a fully integrated platform offering a wide array of precious metals products, including gold, silver, platinum, palladium, and copper bullion, catering to both wholesale and retail customers through various channels. The company’s operations are structured around three core segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending, catering to a diverse global clientele.
The Wholesale Sales & Ancillary Services segment of A-Mark plays a pivotal role in distributing and purchasing precious metal products from sovereign and private mints. With long-standing relationships with major mints globally, including the U.S. Mint, the company offers a diverse range of products to various customers, from e-commerce retailers to industrial users and collectors.
Additionally, A-Mark’s subsidiary, Stack’s Bowers Galleries, functions as a rare coin and currency auction house and a dealer of numismatic and bullion products. The company’s strategic partnerships and acquisitions, such as LPM Group Limited, one of Asia’s largest precious metals dealers, further strengthen its market presence and product offerings.
The Direct-to-Consumer segment of A-Mark operates as an omnichannel retailer of precious metals, leveraging subsidiaries like JM Bullion, Goldline, and Silver Gold Bull to provide customers with a seamless shopping experience. Through a mix of online platforms and traditional sales channels, the company caters to the evolving needs of investors and collectors.
Moreover, A-Mark’s Secured Lending segment, managed by Collateral Finance Corporation (CFC), offers lending services secured by bullion and numismatic coins, serving a diverse client base that includes dealers, investors, and collectors. This segment adds another dimension to A-Mark’s comprehensive suite of offerings in the precious metals market.
Headquartered in El Segundo, California, A-Mark has a robust global presence with offices and facilities across strategic locations, including Los Angeles, Dallas, Las Vegas, Vienna, and Hong Kong. The company’s diversified operations and strategic initiatives underscore its commitment to innovation and excellence in the precious metals industry.
As A-Mark continues to expand its footprint and enhance its product portfolio, the recent dividend declaration and acquisition of AMS Holding, LLC signal a promising trajectory for the company in the competitive landscape of precious metals trading and investment.