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By The Online Investor Staff, updated Fri., Mar. 5, 4:58 AM
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This Slide: #1 of 25 |
Company:
A-Mark Precious Metals, Inc. (NASDAQ:AMRK)
Date announced:
3/4/2021
Shares Offered:
2,500,000
Date of Pricing:
3/4/2021
Price Per Share:
$28.00
Secondary Offering Details:
A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that it had priced an offering of 2,500,000 shares of its common stock at a price to the public of $28.00 per share. All of the shares of common stock are being offered by A-Mark. In addition, A-Mark has granted the underwriters a 30-day option to purchase up to 375,000 additional shares of its common stock at the public offering price, less underwriting discounts, and commissions. The offering is expected to close on March 8, 2021, subject to customary closing conditions.
A-Mark Precious Metals is a precious metals trading company. It is a wholesaler of gold, silver, platinum, and palladium bullion and related products, including bars, wafers, grain, and coins. Co. also: distributes gold and silver coins and bars from sovereign and private mints; provides financing and other services relating to the purchase and sale of bullion and numismatics; provides storage for precious metal products; provides a platform of logistics services; provides custom fabricated gold and silver bullion and other products through sovereign and private mint suppliers and its mint operations; and sells to and purchases from the retail community through its Direct Sales segment.
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![]() Strong Buy (4.00 out of 4) 99th percentile
(ranked higher than approx. 99% of all stocks covered)
Analysts' Target Price: AMRK Stock Forecast Based on Zacks ABR data; powered by Xignite ![]() |