In other recent news, A-Mark Precious Metals reported a significant 32% increase in revenue for the second quarter of fiscal year 2025, reaching $2.742 billion, surpassing DA Davidson's projection of $1.790 billion. Despite the revenue growth, the company experienced a decline in net income, with earnings per share dropping to $0.27. Gross profits also saw a 3% decrease from the previous year, totaling $44.8 million. A-Mark announced the acquisition of Spectrum Group International, expanding its reach into the premium collectible markets. DA Davidson adjusted its price target for A-Mark Precious Metals to $35 from $43, maintaining a Buy rating, citing the company's strategic acquisitions and financial strategies. The firm highlighted A-Mark's active mergers and acquisitions, including the purchase of Stack's Bowers Galleries, which is expected to enhance margins and customer acquisition.