ELA Stock Analysis

Envela Corp

DGSE Companies, Inc. (DGSE) buys and sells jewelry, diamonds, fine watches, rare coins and currency, precious metal bullion products, scrap gold, silver, platinum and palladium as well as collectibles and other valuables. The Company and its subsidiaries, sell jewelry and bullion products to both retail and wholesale customers throughout the United States through its facilities in Alabama, Florida, Georgia, Illinois, South Carolina, North Carolina, Tennessee, and Texas, and through its various Internet sites. Its customers include individual consumers, dealers and institutions throughout the United States. On June 8, 2012, the Company closed its Woodland Hills, California location which constituted the last of its Superior Galleries, Inc. (Superior) operations. In June 2013, DGSE Companies Inc announced that it has opened a Dallas Gold & Silver Exchange retail location in Garland, Texas.