American Resources Corporation (AREC)
| Market Cap | 37.94M |
| Revenue (ttm) | 399,962 |
| Net Income (ttm) | -19.41M |
| Shares Out | 77.42M |
| EPS (ttm) | -0.25 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 865,072 |
| Open | 0.5186 |
| Previous Close | 0.5300 |
| Day's Range | 0.4730 - 0.5560 |
| 52-Week Range | 0.4100 - 1.5850 |
| Beta | 0.31 |
| Analysts | Strong Buy |
| Price Target | 4.33 (+783.67%) |
| Earnings Date | May 20, 2025 |
About AREC
American Resources Corporation engages in the production of production of rare earth and critical mineral concentrates electrification market and recycled metals. It also extracts and processes metallurgical carbon and iron ore for steelmaking; and aggregates and processes waste metal and steel products used in the recycling industries. The company was founded in 2006 and is headquartered in Fishers, Indiana. [Read more]
Financial Performance
In 2023, American Resources's revenue was $16.74 million, a decrease of -57.58% compared to the previous year's $39.47 million. Losses were -$11.46 million, 692.4% more than in 2022.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for AREC stock is "Strong Buy." The 12-month stock price forecast is $4.33, which is an increase of 783.67% from the latest price.
News
ReElement Technologies Corporation Joins DARPA-Funded Critical Minerals Forum
ReElement's versatile, multi-mineral refining platform is the only rare earth oxide producer capable of economically separating and refining heavy rare earth elements in the U.S. ReElement's advanced ...
American Resources Corporation's Affiliate, ReElement Technologies, Secures Bond Purchase Agreement for Extension of $150 Million Kentucky Industrial Building Revenue Bonds for Kentucky Critical Mineral Refinery
9-Month extension supports continued site development with expanded focus of rare earth concentrates from coal mining waste as well as lithium ores Bond Purchase Agreement was executed with a sole ins...
American Resources Corporation's Electrified Materials Corporation Completes Installation of Key Power Upgrade at its Noblesville, Indiana Facility
Installation of Three-Phase Power Enables Electrified Materials to Move Forward on Next Phase of Installation of Industrial Shredding and Recycling Machinery FISHERS, IN / ACCESS Newswire / March 25, ...
American Resources Corporation (NASDAQ: AREC) to Participate in the Virtual Investor Closing Bell Series
Mark Jensen, Chief Executive Officer of American Resources, to discuss ReElement's expanded REE production, its heavy rare earth refining capabilities, alignment with the recent Executive Order on cri...
ReElement Technologies Expands Production to Process Heavy Rare Earth Elements From SEG+ Ore
SEG+ contains valuable heavy rare earth elements, including dysprosium (Dy) and terbium (Tb), which ReElement successfully recovers and refines for defense and commercial permanent magnets application...
American Resources Corporation's ReElement Technologies Expands Rare Earth Element Purification Capacity
Newly commissioned equipment increases daily production of light (Nd, Pr) and heavy (Dy, Tb) rare earth oxides at 99.5%+ purity ReElement's multi-mineral, multi-feedstock refining platform is the only...
American Resources Corporation's Electrified Materials Awarded Recycling Grant from State of Indiana
$911,519 grant awarded for cutting-edge equipment for the recycling of rare earth magnets and battery materials Indiana's Recycling Market Development Program awards grants to innovative projects in t...
American Resources and ReElement Technologies Participate in a Virtual Investor "What This Means" Segment
Company emphasizes production of rare earth minerals to help bolster National Security supply chain Access the segment here FISHERS, IN / ACCESS Newswire / March 7, 2025 / American Resources Corporati...
American Resources and ReElement Technologies Commend the Trump's Administration's Commitment to Critical Mineral and Rare Earth Refining
The Trump Administration's support on critical mineral and rare earth refining recognizes it as the key bottleneck for our national security and commercial supply chains, paving the way for solutions ...
American Resources and ReElement Technologies Secure Contract for Multi-Million Dollar Antimony Purification Agreement
ReElement has successfully demonstrated its ability to refine antimony ore (stibnite), achieving purity levels exceeding 99.7% for antimony(III) sulfide The tolling agreement will commence with initia...
American Resources Corporation Advances Feedstock Sourcing for ReElement Technologies Focusing on Rare Earth Concentrates From Coal Waste
ReElement's technological advancements enable coal tailings to serve as a primary feedstock for heavy rare earth oxides, which are in global short supply and critical for national defense and commerci...
American Resources Corporation Participates in the Virtual Investor “Top 5 for ‘25” On-Demand Conference
On-demand video webcast now available here FISHERS, IN / ACCESS Newswire / February 19, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a leader in the cri...
ReElement Technologies Expands Rare Earth Production at its Noblesville, IN Facility While Advancing Large-Scale Marion Expansion
ReElement continues to expand production of 99.5%+ magnet-grade rare earth oxides (Nd, Pr and Dy) at its Noblesville plant while procuring equipment for Marion facility Marion facility's production is...
ReElement Technologies Begins Weekly Shipments of High Purity Rare Earth Elements to Secure a Domestic Critical Mineral Supply Chain
ReElement's multi-mineral, multi-feedstock refining platform is the only rare earth oxide producer able to economically separate and refine heavy rare earth elements in the U.S. ReElement's innovative...
ReElement Technologies and Novare Announce Partnership to Build Critical Minerals Refining Facility in Africa
The partnership will establish Africa's first fully integrated critical mineral refining platform employing local talent ReElement's innovative critical mineral refining platform is scalable, cost com...
American Resources Corporation and ReElement Technologies Corporation Announces February Slate of Conferences
FISHERS, IN / ACCESS Newswire / February 3, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), along with its holding in ReElement Technologies Corporation ("...
American Resources Corporation and ReElement Technologies Expands South African-Based Supply Partnership to Refine Antimony-Bearing Ore for Defense and Commercial Markets
The Company and ReElement have received antimony ore representing a concentration of greater than 50% In conjunction with the partnership, ReElement is developing an optimized flow sheet to refine hig...
American Resources Corporation and ReElement Technologies' Kentucky Lithium Plant Expands to Produce Separated Rare Earth Oxides from Mine and Coal Waste
Company establishes an economically viable process to produce ultra-pure rare earth elements and valuable byproducts from coal and other mining waste American Resources will collect and concentrate fe...
American Resources Corporation's American Infrastructure Corporation Closes Merger with CGrowth Capital, Inc
The merger has been successfully completed based on the December 30th, 2024 binding contract announced on January 6th, 2025. American Infrastructure Corporation is now publicly listed and a wholly own...
American Resources to Participate in the "2025 Mining Conference: Mining & Supplying Critical Minerals & Precious Metals", Presented by Maxim Group LLC on Thursday, January 16th at 11:00 a.m. E.T.
American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the...
American Resources Corporation's ReElement Technologies and LVC Global Holdings Launch "ReElement Middle East" to Advance Critical Minerals Processing in the Region
FISHERS, IN and RIYADH, SAUDI ARABIA / ACCESSWIRE / January 13, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), through its holding company, ReElement Tech...
ReElement Technologies Corporation Announces January Slate of Conferences
FISHERS, IN / ACCESSWIRE / January 7, 2025 / American Resources Corporation's (NASDAQ:AREC) subsidiary, ReElement Technologies Corporation ("ReElement" or the "Company"), a leading provider of high pe...
American Resources Corporation's American Infrastructure Corporation to Become Publicly Listed Through Merger with CGrowth Capital, Inc.
The platform will focus on expansion through organic growth and strategic acquisitions of additional infrastructure-related assets Following the audit of the combined entity, the company will pursue a...
American Resources Corporation's ReElement Technologies Produces Greater than 99.5% Pure Terbium For National Defense Supply Chain
ReElement's multi-mineral, multi-feedstock refining platform is the only rare earth oxide producer able to economically separate and refine heavy rare earth elements in the U.S. Company's Marion, Indi...
American Resources Corporation Announces Record Date for Distribution of the Remaining Majority of American Infrastructure Corporation Shares
American Infrastructure Corporation is set to complete the process of becoming a standalone entity, focusing on being a diversified supplier of infrastructure raw materials FISHERS, IN / ACCESSWIRE / ...