U.S. Markets closed

A-Mark: Fiscal 1Q Earnings Snapshot

·1 min read

EL SEGUNDO, Calif. (AP) _ A-Mark Precious Metals Inc. (AMRK) on Tuesday reported fiscal first-quarter profit of $23.1 million.

The El Segundo, California-based company said it had net income of $3.09 per share.

The precious metals trading company posted revenue of $1.87 billion in the period.

A-Mark shares have more than tripled since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $29.52, more than doubling in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMRK at https://www.zacks.com/ap/AMRK