American Resources Corporation (AREC)
| Market Cap | 41.54M |
| 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 | 232,784 |
| Open | 0.590 |
| Previous Close | 0.574 |
| Day's Range | 0.535 - 0.600 |
| 52-Week Range | 0.410 - 1.780 |
| Beta | 0.22 |
| Analysts | Strong Buy |
| Price Target | 4.33 (+707.08%) |
| Earnings Date | Mar 27, 2025 |
About AREC
American Resources Corporation, together with its subsidiaries, extracts, processes, transports, and sells metallurgical coal to the steel and industrial industries. It supplies raw materials; and sells coal used in pulverized coal injections. 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 707.08% from the latest price.
News
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 / ...
American Resources Corporation's ReElement Technologies to Participate in a Live Virtual Investor "What This Means" Webcast
Live moderated video webcast on Monday, December 16th at 4:00 PM ET to provide an update on economic viability of rare earth element production from carbon mine waste Access the live webcast here FISH...
American Resources Corporation Provides Update on Economic Viability of Rare Earth Element Production from Carbon Mine Waste
ReElement Technologies has demonstrated technical and economic viability of producing rare earth elements from controlled carbon waste streams ReElement's proprietary refining process, combined with a...
American Resources Corporation's American Metals LLC Converts to C Corp and Changes Name To Electrified Materials Corporation
De-SPAC merger with AI Transportation Acquisition Corp has been terminated with Electrified Materials Corporation and is now preparing to go public via a Form 10 filing AI Transportation and its repre...
American Resources Corporation's ReElement Technologies and POSCO International Come Together to Develop a Sustainable Rare Earth Element and Magnet Supply Chain
Companies enter into a Memorandum of Understanding (MOU) to develop a commercial partnership for rare earth element refining, recycling and offtake ReElement will utilize its proprietary technology fo...
American Resources Corporation (AREC) Q3 2024 Earnings Call Transcript
American Resources Corporation (NASDAQ:AREC) Q3 2023 Results Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Mark LaVerghetta - Vice President of Corporate Finance and Comm...
November, 2024 Letter to Shareholders
Building The Only Rare Earth and Critical Mineral Refining Platform From the Depths of a Metallurgical Carbon Business - A True Energy Transformation Play FISHERS, IN / ACCESSWIRE / November 14, 2024 ...
American Resources Corporation Reports Third Quarter 2024 Financial Results and Provides Business Outlook
The first domestic, commercial producer of separated and high-purity REEs from ores and recycled permanent magnets and high-purity battery elements from ores, concentrated brines and recycled feedstoc...
American Resources Corporation Sets Record Date of December 31, 2024 for Special Dividend and Closes Initial Investments of Private Funding for ReElement Technologies Corporation
ReElement Technologies closes initial investments of its private investment round into ReElement from group of investors including members of management American Resources is distributing 1 share of R...
American Resources Corporation to Report Third Quarter 2024 Financial Results on November 14, 2024
Company to host conference call on Thursday, November 14th at 4:30 PM ET FISHERS, IN / ACCESSWIRE / November 8, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Compan...
American Resources Corporation's ReElement Technologies Updates Progress On Marion Super Site For United States' Largest Combined Rare Earth and Lithium Refining Facility
Phase 1 targets 5,000 metric tons of lithium carbonate (99.9%+) and 1,000 metric tons of rare earth oxides (99.5%+) with ability to efficiently and modularly scale production Marion, IN super site wil...
American Resources Corporation's ReElement Technologies and IRIS Metals Reschedule its Live Virtual Investor "What This Means" Webcast
Live moderated video webcast to now take place on Thursday, October 24th at 1:00 PM ET Rescheduled event due to a family emergency Access the live webcast here FISHERS, IN / ACCESSWIRE / October 17, 2...