Stock Guru Featured Company: Precious Metals Exchange Corp. (PRMX.PK)
Precious Metals Exchange Corp. operates within the precious metals refining and recycling sector of the precious metals industry. The company’s core business is collecting unwanted and/or broken jewelry and other precious metal items, specifically targeting the U.S., Canada and Latin America markets. Utilizing direct marketing to identify potential customers, Precious Metals Exchange leverages a highly automated fulfillment process to ensure satisfaction through high payouts and quick service. The company recycles jewelry and other items for gold, platinum and silver content, avoiding the risks and environmental costs of mining. Record gold prices combined with the economic downturn, high unemployment, and global…