American Resources Corporation (AREC)
| Market Cap | 135.19M |
| Revenue (ttm) | 3.23M |
| Net Income (ttm) | -30.38M |
| Shares Out | 61.73M |
| EPS (ttm) | -0.62 |
| PE Ratio | n/a |
| Forward PE | 454.55 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 793,558 |
| Open | 2.15 |
| Previous Close | 2.17 |
| Day's Range | 2.11 - 2.22 |
| 52-Week Range | 1.58 - 8.02 |
| Beta | -9.56 |
| Analysts | Buy |
| Price Target | 3.75 (+71.2%) |
| Earnings Date | Nov 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.
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for AREC stock is "Buy" and the 12-month stock price forecast is 3.75.
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 ...
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...
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.
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...
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) ("...
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...
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...
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 ...
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...
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"), ...
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...
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 ...
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 ...
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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...
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 ...
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% ...
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...
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...