American Resources Corporation (AREC)
| Market Cap | 116.52M |
| Revenue (ttm) | 712,377 |
| Net Income (ttm) | -21.34M |
| Shares Out | 60.06M |
| EPS (ttm) | -0.53 |
| PE Ratio | n/a |
| Forward PE | 400.00 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 834,607 |
| Open | 1.92 |
| Previous Close | 1.94 |
| Day's Range | 1.86 - 1.94 |
| 52-Week Range | 1.26 - 8.02 |
| Beta | -10.50 |
| Analysts | Buy |
| Price Target | 4.00 (+106.2%) |
| Est. Earnings Date | Oct 28, 2021 |
About AREC
American Resources Corporation supplies raw materials for the global infrastructure marketplace. The company offers metallurgical coal and coal used in pulverized coal injection that are essential building blocks in the steel manufacturing process. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia. The company was founded in 2006 and is headquartered in Fishers, Indiana.
Financial Performance
In 2020, AREC's revenue was $1.06 million, a decrease of -95.67% compared to the previous year's $24.48 million. Losses were -$10.26 million, -85.54% less than in 2019.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for AREC stock is "Buy." The 12-month stock price forecast is 4.00, which is an increase of 106.19% from the latest price.
News
American Resources Corporation Engages Industry Expert for Rare Earth Element Collection and Analysis
Rodney Campbell brings industry leading expertise to assist with the Company's Capture process and technologies in analyzing controlled feedstocks of rare earth elements (REEs) FISHERS, IN / ACCESSWIRE ...
REX American Resources (REX) Sees Hammer Chart Pattern: Time to Buy?
REX American Resources (REX) has been struggling lately, but the selling pressure may be coming to an end soon.
American Resources Corporation to Present at the H.C. Wainwright 23rd Annual Global Investment Conference
FISHERS, IN / ACCESSWIRE / September 10, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company a next generation and socially responsible supplier of raw materials to...
American Resources Corporation Selected as a Member in U.S. Department of Energy Contract to Assess Critical and Rare...
Department of Energy has awarded multifaceted award to consortium to identify rare earth elements (REEs) from carbon-based deposits Program is to support the establishment of a domestic supply chain for...
American Resources Selects Site In Noblesville, Indiana For New Commercial Scale Facility
American Resources Corp (NASDAQ: AREC) has finalized its site selection to build its first commercial-scale rare earth element purification and isolation facility in the U.S. The chosen site is based in...
American Resources Corporation Finalizes Site Selection for Chromatography Rare Earth Element Isolation and Purificat...
The operation will be one of the first and only commercial scale facility able to purify and isolate rare earth elements in the United States Company's chromatography process utilizes the most environme...
American Resources Corporation (AREC) Reports Q2 Loss, Lags Revenue Estimates
American Resources Corporation (AREC) delivered earnings and revenue surprises of -116.67% and -97.60%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for th...
American Resources Corporation Reports Second Quarter 2021 Financial Results and Provides Business Outlook
Company aligned with major U.S. priorities in both infrastructure and electrification Significant execution over the first half of the year has positioned the Company to be a low-cost, stable provider o...
American Resources Corporation to Report Second Quarter of 2021 Earnings on August 16, 2021
FISHERS, IN / ACCESSWIRE / August 11, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to...
American Resources Corporation to Present at Jefferies Industrial Conference
Presentation by CEO Mark Jensen with live video webcast on Tuesday, August 3 at 2:00 PM ET FISHERS, IN / ACCESSWIRE / July 29, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" o...
American Resources Corporation Expands Rare Earth Team with Appointment of Seasoned Executive
Jeff Peterson joins the Company to bolster commercialization development of its rare earth element processing and broaden its sustainable feedstock sources FISHERS, IN / ACCESSWIRE / July 20, 2021 / Ame...
American Resources Corporation (AREC) May Report Negative Earnings: Know the Trend Ahead of Q2 Release
American Resources Corporation (AREC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
American Resources Corporation Bolsters Rare Earth Element Electrolysis Processing Technology Equipment
Company expands equipment functionality to enhance productivity of its mobile rare earth element processing plant Sponsored research partnership with Texas Tech University advancing the Company's electr...
American Resources Corporation Further Develops Aftermarket Distribution Channels for Waste Permanent Magnets and Bat...
Company picks up first waste wind turbine motors and generators to be recycled for rare earth elements Waste magnets and batteries are being processed using the Company's environmentally safe LAD Chroma...
American Resources Corporation Added to Membership of Russell Microcap(R) Index
FISHERS, IN / ACCESSWIRE / June 14, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to t...
New Strong Sell Stocks for June 10th
AREC, RNLSY, and SWTX have been added to the Zacks Rank #5 (Strong Sell) List on June 10, 2021.
American Resources Corporation Announces Closing of $30.1 Million Registered Direct Offering Priced At-The-Market
FISHERS, IN / ACCESSWIRE / June 9, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to th...
7 Reddit Penny Stocks to Buy if You Have $100 to Spare
Reddit penny stocks are full of risk and reward, which is why $100 won't hurt you, but it can reward you handsomely. The post 7 Reddit Penny Stocks to Buy if You Have $100 to Spare appeared first on Inv...
Reddit Penny Stocks to Watch in 2021? Here's 4 For Your List
Penny stocks on Reddit are seeing increased momentum; which small-caps are you watching? The post Reddit Penny Stocks to Watch in 2021?
American Resources Corporation Announces Pricing of $30.1 Million Registered Direct Offering Priced At-The-Market
FISHERS, IN / ACCESSWIRE / June 7, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to th...
American Resources Corporation Succeeds in Achieving 99.5% Purity Rare Earth Element (Neodymium) from Waste Magnets
Sponsored research partnership with Purdue University demonstrates success in achieving high purity and isolated rare earth elements Company's environmentally safe LAD Chromatography technology achieves...
American Resources Corporation Interview to Air on Bloomberg Television U.S. on the RedChip Money Report(R)
FISHERS, IN / ACCESSWIRE / May 21, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to th...
8 Reddit Penny Stocks That May Withstand the Market Maelstrom
Looming uncertainty may be bad news for most Reddit penny stocks, but these eight may hold onto their gains, or head higher, from here. The post 8 Reddit Penny Stocks That May Withstand the Market Maels...
American Resources ends busy 1Q with strengthened balance sheet and $11.2M in cash
American Resources Corporation (NASDAQ:AREC) revealed its 1Q results that showed a strengthened balance sheet and capital structure with $11.2 million in cash. The US energy company paid off or converte...
American Resources secures project manager for 2kW mobile electrolytic cell rare earth processing plant
American Resources Corporation (NASDAQ:AREC) said it has secured a project manager to oversee the building phase and implementation of its 2kW mobile electrolytic cell rare earth element (REE) processin...