| 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 for and other services relating to the purchase and sale of bullion and numismatics; provides storage for precious metal products; provides its customers a platform of turn-key logistics services; provides a variety of custom fabricated gold and silver bullion and other specialty products through Sovereign Mint partnerships and its mint operations; and sells directly to the retail community. We show 22 historical shares outstanding datapoints in our AMRK shares outstanding history coverage, used to compute AMRK market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AMRK market cap history over the course of time is important for investors
interested in comparing AMRK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AMRK versus a peer is one thing; comparing
AMRK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AMRK can fluctuate over the course of history.
With this page we aim to empower investors researching AMRK by allowing them to research the AMRK market cap history.