Sunstock, Inc. engages in buying, selling, and distributing precious metals, primarily gold.
The company pursues a ground to coin strategy, whereby it seeks to acquire mining assets, as well as rights to purchase mining production and to sell these metals primarily through retail channels, including their own branded coins. The company emphasizes investment in enduring assets that it may provide 'resource to retail' conversion upside. The company owns Mom's Silver Shop, Inc. (the Retail Store)...
Sunstock, Inc. engages in buying, selling, and distributing precious metals, primarily gold.
The company pursues a ground to coin strategy, whereby it seeks to acquire mining assets, as well as rights to purchase mining production and to sell these metals primarily through retail channels, including their own branded coins. The company emphasizes investment in enduring assets that it may provide 'resource to retail' conversion upside. The company owns Mom's Silver Shop, Inc. (the Retail Store) located in Sacramento, California.
Services and Products
The company has established positions in precious metals. As of December 31, 2022, the company held 27,317 ounces of silver and 80 ounces of gold.
Competition
The company's retail store has a number of small coin shop competitors in the Sacramento, California area, as well as online precious metals dealer competitors, such as monex.com and apmex.com.
History
The company was founded in 2012. It was incorporated under the laws of the state of Delaware in 2012. The company was formerly known as Sandgate Acquisition Corporation and changed its name to Sunstock, Inc. in 2013.