Professional
Added to YB: 2024-07-30
Pitch date: 2024-07-21
AMRK [bullish]
A-Mark Precious Metals, Inc.
-10.41%
current return
Author Info
Praetorian Capital is a hedge fund managed by Harris “Kuppy” Kupperman dedicated to seeking non-correlated, asymmetric and absolute returns. Sign up for the newsletter.
Company Info
A-Mark Precious Metals, Inc., together with its subsidiaries, operates as a precious metals trading company.
Market Cap
$539.5M
Pitch Price
$35.41
Price Target
N/A
Dividend
3.65%
EV/EBITDA
19.71
P/E
13.96
EV/Sales
0.13
Sector
Distributors
Category
value
Praetorian Capital Fund Portfolio Holding: A-Mark Precious Metals, Inc.
AMRK: Gold/silver dealer & wholesaler. Earnings dip on low volumes/spreads, but poised for rebound as metals hit new highs. 3yr avg $7 EPS, trading at 4x. Potential $10 EPS in crisis. High ROC, insider-owned. Counter-cyclical play on precious metals without mining risks. Upside from increased demand, wider spreads & multiple expansion.
Read full article (2 min)