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B. Riley FBR disclosed A-Mark Precious Metals (NASDAQ:AMRK), hiking its price target to $19.00 earlier today

Yesterday A-Mark Precious Metals (NASDAQ:AMRK) traded -1.50% lower at $0.00. The company’s 50-day moving average is $18.27 and its 200-day moving average is $17.74. The last stock close price is down -0.20% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 11,742 shares of the stock were exchanged, down from an average trading volume of 15,447

Reporting a potential upside of 0%, B. Riley FBR raised the target price of A-Mark Precious Metals (NASDAQ:AMRK) to $19.00

See Chart Below

A-Mark Precious Metals (NASDAQ:AMRK)

A-Mark Precious Metals has a 52 week low of $14.02 and a 52 week high of $22.00 with a P/E ratio of 18.22 The company’s market cap is currently $0.

In addition to B. Riley FBR reporting its target price, a total of 2 firms have reported on the stock. The consensus target price is $20.88 with 1 firm rating the stock a strong buy, 0 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On A-Mark Precious Metals (NASDAQ:AMRK)

A-Mark Precious Metals, Inc. is a precious metal trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. It distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers storage for bullion, and offers complementary products, such as consignment, customized finance and liquidity programs, such as repurchase (Repo) accounts, and trade quotes in a variety of foreign currencies. It operates through various business units for accounting purposes, including Industrial, Coin and Bar, Trading, Finance, Collateral Finance Corporation, Transcontinental Depository Services and Logistics. It is an authorized distributor of gold and silver coins for sovereign mints and various private mints. The sovereign mints include the United States Mint, the Australian (Perth) Mint and the Austrian Mint, among others.

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