American Resources Corporation (AREC)
| Market Cap | 98.97M |
| Revenue (ttm) | 7.34M |
| Net Income (ttm) | -41.88M |
| Shares Out | 26.79M |
| EPS (ttm) | -1.55 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 22 |
| Last Price | $2.78 |
| Previous Close | $2.62 |
| Change ($) | 0.16 |
| Change (%) | 6.11% |
| Day's Open | 2.66 |
| Day's Range | 2.65 - 3.08 |
| Day's Volume | 5,535,824 |
| 52-Week Range | 0.46 - 3.08 |
AREC will be ramping up met coal production at its Perry County facility soon. The run rate will hit 1 million tons per year by the end of 2021.
Committed Production Will Be Delivered During 2021 via Company Owned Infrastructure to Both Domestic and International Customers Company Will Maximize Price Realization by Expanding Production...
FISHERS, IN / ACCESSWIRE / December 28, 2020 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw ...
REX American Resources Corporation (REX) CEO Zafar Rizvi on Q3 2020 Results - Earnings Call Transcript
American Resources (AREC) news for Tuesday concerning a joint venture with Gerardine Botte, Ph.D., has AREC stock soaring higher.
According to the GuruFocus All-in-One Screener, a Premium feature, the stocks of the following guru-owned energy companies have outperformed the S&P 500 Index over the past 12 months through O...
When American Resources Corp. (NASDAQ: AREC) reported quarterly results in late July, the company said it created a wholly-owned subsidiary, American Rare Earth, to explore and monetize rare e...
Shares of American Resources Corp. nearly doubled in very active morning trading Wednesday, after the raw materials supplier unveiled its new subsidiary, American Rare Earth LLC, to organize a...
About AREC
American Resources Corporation supplies raw materials for the global infrastructure marketplace. The company focuses on the extraction and processing of metallurgical carbon used in steelmaking. 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.
| Industry Thermal Coal | IPO Date Feb 15, 2019 |
| CEO Mark C. Jensen | Employees 10 |
| Stock Exchange NASDAQ | Ticker Symbol AREC |
Financial Performance
In 2019, AREC's revenue was $24.48 million, a decrease of -22.35% compared to the previous year's $31.52 million. Losses were -$70.92 million, 449.4% more than in 2018.
Analyst Forecasts
According to 2 analysts, the average rating for AREC stock is "Buy." The 12-month stock price forecast is 3.75, which is an increase of 34.89% from the latest price.