Get the Facts About a Potential Investment Opportunity with Atkinsons Bullion
Justin Fitzpatrick- Investing in gold bullion means buying, selling, and owning physical gold.
- Investing in gold bullion means that you own the physical metal.
- Your gold coin or bar will bear a symbol, purity, and weight.
The prospect of investing in gold bullion can be enticing. With gold prices at an all-time high, many investors are seeking ways to put money into precious metals.
However, it's important to understand what investing in gold bullion is really like before diving in.
Company Overview
Atkinsons Bullion is one of the premier UK suppliers of gold and silver bullion, coins, and bars. The firm was founded in 1976 and is based in Mayfair, London. It is a member of the British Numismatic Trade Association and is a full member of the London Bullion Market Association.
History
The Atkinsons Bullion Group has been in business since 1984. The company is a privately owned British company with offices located in London, Hong Kong, and the U.S. The Atkinsons Bullion Group is one of the most trusted and recognized names in precious metals and specialty products.
Products
The Atkinsons Bullion Group offers a wide array of products and products types, including:
Bullion
Coins
Bars
Rounds
Commemoratives
Investment Castings
Investment Metals
Key Personnel
No official website, but the company is listed on Companies House.
Address
No official address, but the company's registered office is 41 Cheapside, London EC2V 6DN, United Kingdom.
Employees
The company employs approximately 10 people.
Ownership
The company is owned by brothers Kevin and Duncan Atkinson.
Business Segments
Atkinsons Bullion is in the business of buying precious metals from the general public, both individuals and institutional clients, as well as buying and selling precious metals for others.
Product Portfolio
Atkinsons Bullion offers several different precious metals products, ranging from gold coins to silver coins, bars, and rounds. Its products also include platinum, palladium, and rhodium.
Sales and Revenue
The company's sales for the 12 months ending March 2020 were more than $48.8 million, up from just over $41 million for the same period in 2019. Sales for the year ending March 2019 were nearly $28 million.
Earnings
The 12-month trailing earnings per share (EPS) for Atkinsons Bullion are $0.09, up from $0.07 for the same period in 2019.
Return on Equity
Atkinsons Bullion's 12-month trailing return on equity (ROE) is 10.66%, down from 11.02% for the same period in 2019.
Key Financial Data
Year founded: 1992
Headquarters: Auckland, New Zealand
CEO: Andrew Atkinson
Company Description
Atkinsons Bullion is one of the world's leading precious metals dealers. It conducts precious metals trading and also provides investment services such as risk management, storage, and portfolio management. The company offers bullion and coins, including gold, silver, platinum, and palladium, and offers IRA investing and asset management services.
Seasonality
Many would argue the seasonal trends of the precious metals market create opportunities for investors to buy and sell gold and silver during certain times of the year. Before deciding to invest in precious metals, learn about the specific seasonality of the metal you are interested in. For instance, silver tends to outperform gold during certain times of the year.
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Recent Developments
Atkinsons Bullion, an investment firm based in London, recently made headlines when it bought an inverse gold ETF (SGOL) for $1.1 billion. The buyer, which reportedly has close connections to the Russian government, is one of the largest private gold holders in the world.
Other news has also painted Atkinsons Bullion as one of the more reputable gold investment firms. According to Bloomberg, the company bought gold in September and October of 2020, before the price of the precious metal plummeted more than 40%. Bloomberg also reported that Atkinsons Bullion is "known for buying large amounts of gold," and "has spent about 1 billion euros of gold since 2010."
