American Resources Corporation (AREC)

NASDAQ: AREC · IEX Real-Time Price · USD
2.19
0.02 (0.92%)
At close: Jan 14, 2022 4:00 PM
2.22
0.03 (1.37%)
After-hours:Jan 14, 2022 7:58 PM EST
Market Cap135.19M
Revenue (ttm)3.23M
Net Income (ttm)-30.38M
Shares Out61.73M
EPS (ttm)-0.62
PE Ration/a
Forward PE454.55
Dividendn/a
Ex-Dividend Daten/a
Volume793,558
Open2.15
Previous Close2.17
Day's Range2.11 - 2.22
52-Week Range1.58 - 8.02
Beta-9.56
AnalystsBuy
Price Target3.75 (+71.2%)
Earnings DateNov 15, 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.

IndustryOil, Gas & Consumable Fuels
IPO DateFeb 15, 2019
Employees11
Stock ExchangeNASDAQ
Ticker SymbolAREC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for AREC stock is "Buy" and the 12-month stock price forecast is 3.75.

Price Target
$3.75
(71.23% upside)
Analyst Consensus: Buy

News

HG Ventures Invests in and Partners with American Rare Earth To Expand Battery Recycling and Metals Supply for U.S. M...

INDIANAPOLIS--(BUSINESS WIRE)--HG Ventures, a venture capital investment firm and division of The Heritage Group that supports a sustainable future in materials, infrastructure, environmental solutions ...

5 days ago - Business Wire

American Resources Corporation's Rare Earth Division Receives Investment and Enters into Long-Term, Strategic Partner...

The Heritage Group brings ~100 years of experience and innovation in transportation and infrastructure materials, environmental services and specialty chemicals to American Rare Earth Partnership with T...

5 days ago - Accesswire

Recap: REX American Resources Q3 Earnings

REX American Resources (NYSE:REX) reported its Q3 earnings results on Wednesday, December 1, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

1 month ago - Benzinga

7 Hot Penny Stocks to Buy for December That Are Positioned to Pop

These penny stocks remain positioned to run upwards in the near term. Purchasing shares in December could quickly lead to profits.

1 month ago - InvestorPlace

American Resources Corporation Receives Final Permit Approval for Its First Rare Earth and Critical Element Purificat...

Company's facility currently being constructed in Noblesville, IN will be the first commercial scale facility in the United States able to isolate and purify rare earth and battery metals from a multitu...

1 month ago - Accesswire

American Resources Corporation Names Tarlis Thompson as President of American Carbon Division

Tarlis Thompson, COO of American Resources, has been named President of the American Carbon Mining Division FISHERS, IN / ACCESSWIRE / November 22, 2021 / American Resources Corporation (NASDAQ:AREC) ("...

1 month ago - Accesswire

7 Penny Stocks to Book Profits on Before 2022

Penny stocks can turn a quick profit. These 7 picks are designed to do so before the end of this year and cover multiple sectors.

Other symbols:IMRALODEMBIIOBSVSNCR
2 months ago - InvestorPlace

American Resources Corporation Reports Third Quarter 2021 Financial Results and Provides Business Outlook

Company highly aligned with major U.S. priorities in both infrastructure and electrification Significant execution has positioned the Company to be a low-cost, stable provider of raw materials to high-g...

2 months ago - Accesswire

Novusterra Inc. Expands Team with Hire of Farai Gundan as Chief Financial Officer

Company makes key hire as it prepares for business expansion and public listing on a national exchange Demand for graphene-based products and innovation in the energy, defense and water filtration marke...

2 months ago - Accesswire

American Resources Corporation to Present at the Virtual Investor Roundtable Event

Live moderated video webcast discussion among members of management and Thought Leader, William E. Smith III, President of CMID, Inc., on Wednesday, November 17th at 9:00 AM ET FISHERS, IN / ACCESSWIRE ...

2 months ago - Accesswire

American Resources Corporation Commences Initial Sales and Shipments from its Reopened McCoy Elkhorn Complex

Company's Carnegie 1 mine is ramping production in one of the strongest metallurgical carbon markets over the last decade Carnegie 1 mine is currently running a seven day a week schedule and adding addi...

2 months ago - Accesswire

American Resources Corporation to Report Third Quarter of 2021 Earnings on November 15, 2021

Company to host conference call on Monday, November 15 at 11:00 AM ET FISHERS, IN / ACCESSWIRE / November 9, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), ...

2 months ago - Accesswire

American Resources Corporation Upgrades Its Processing Facility at Perry County Resources Complex

Company adds middling circuit to increase recovery yield by over 5% of sellable product and further improve environmental impact of operations Investment enables higher carbon recovery with minimal addi...

2 months ago - Accesswire

American Resources Corporation Begins Engineering and Planning for Restart of Company's West Virginia Metallurgical C...

Company's Wyoming County Coal (WCC) represents one of the last fully permitted, virgin "mid vol" metallurgical carbon complexes in the world Complex includes onsite carbon processing, rail load out and ...

2 months ago - Accesswire

American Resources Corporation Engages Contract Mining Company to Operate Its Carnegie 2 Metallurgical Carbon Mine an...

Company's Carnegie 2 mine is in addition to its production at its recently restarted Carnegie 1 mine in one of the strongest metallurgical carbon markets since 2006/2007 Carnegie 2 mine produces a high ...

3 months ago - Accesswire

The Top 5 Penny Stocks to Buy Right Now

Penny stocks carry risk, but they offer substantial upside considering they trade at very conservative price multiples versus growth stocks. The post The Top 5 Penny Stocks to Buy Right Now appeared fir...

Other symbols:IPDNPETZSHIP
3 months ago - InvestorPlace

Best Penny Stocks To Buy According To Analysts & Targets Up To 290%

Are these the best penny stocks to buy right now after analysts weighed in? The post Best Penny Stocks To Buy According To Analysts & Targets Up To 290% appeared first on Penny Stocks to Buy, Picks, New...

Other symbols:KOSRSLSSHIPTELL
3 months ago - PennyStocks

American Resources Corporation Expands Carbon Production with the Restart of its McCoy Elkhorn Complex and Secures In...

Company's Carnegie 1 mine restarts production in one of strongest metallurgical carbon markets since 2006/2007 Carnegie 1 mine produces a high volatile metallurgical carbon used in the steel making indu...

3 months ago - Accesswire

American Resources Corporation Acquires Mineral Reserves for Perry County Resources' E4-2 Deep Mine and New E3-2 Mine...

The Company, along with consortium including insiders, acquire strategic mineral reserves and underground main access points Reserves would be lowest cost mine life for Perry County complex and ability ...

3 months ago - Accesswire

AREC Stock Is Soaring Because American Resources Just Scored 99.5% on a Key Test

American Resources has announced a key development in its electric battery production and it has sent AREC stock shooting up. The post AREC Stock Is Soaring Because American Resources Just Scored 99.5% ...

3 months ago - InvestorPlace

American Resources Corporation Succeeds in Achieving Greater Than 99.5% Purity of Lithium, Cobalt and Nickel from Rec...

Recycled critical elements were sourced from NMC batteries used in EV manufacturing End-of-life lithium-ion battery marketplace expected to grow at 19% CAGR through 2030 FISHERS, IN / ACCESSWIRE / Octob...

3 months ago - Accesswire

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 ...

3 months ago - 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.

3 months ago - Zacks Investment Research

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire