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American Resources Corporation (AREC)

Stock Price: $2.78 USD 0.16 (6.11%)
Updated Jan 22, 2021 4:00 PM EST - Market closed
After-hours: $2.75 -0.03 (-1.08%) Jan 22, 7:59 PM
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

News

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Seeking Alpha - 1 week ago

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.

Accesswire - 2 weeks ago

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...

Accesswire - 3 weeks ago

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 ...

Seeking Alpha - 1 month ago

REX American Resources Corporation (REX) CEO Zafar Rizvi on Q3 2020 Results - Earnings Call Transcript

InvestorPlace - 1 month ago

American Resources (AREC) news for Tuesday concerning a joint venture with Gerardine Botte, Ph.D., has AREC stock soaring higher.

GuruFocus - 3 months ago

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...

Other stocks mentioned: AMTX, BKEP, DLNG, SNMP, TGC
24/7 Wall Street - 3 months ago

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...

Market Watch - 3 months ago

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
Full Company Profile

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.

Financial Statements

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.

Price Target
$3.75
(34.89% upside)
Analyst Consensus: Buy