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NASDAQ:AREC

American Resources (AREC) Stock Price, News & Analysis

$1.15
-0.01 (-0.86%)
(As of 05/31/2024 ET)
Today's Range
$1.15
$1.21
50-Day Range
$1.15
$1.55
52-Week Range
$1.11
$2.16
Volume
230,516 shs
Average Volume
259,618 shs
Market Capitalization
$89.00 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.13

American Resources MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
258.7% Upside
$4.13 Price Target
Short Interest
Bearish
5.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.97mentions of American Resources in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.13) to $0.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.43 out of 5 stars

Basic Materials Sector

139th out of 171 stocks

Bituminous Coal & Lignite Mining Industry

4th out of 5 stocks

AREC stock logo

About American Resources Stock (NASDAQ:AREC)

American Resources Corporation, together with its subsidiaries, extracts, processes, transports, and sells metallurgical coal to the steel and industrial industries. It supplies raw materials; and sells coal used in pulverized coal injections. The company was founded in 2006 and is headquartered in Fishers, Indiana.

AREC Stock Price History

AREC Stock News Headlines

7 Penny Stocks That Could 5X by the End of 2024
American Resources Corporation (AREC)
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Company Calendar

Last Earnings
5/20/2024
Today
6/01/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Bituminous coal & lignite mining
Sub-Industry
N/A
Current Symbol
NASDAQ:AREC
Employees
23
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.13
High Stock Price Target
$5.00
Low Stock Price Target
$3.25
Potential Upside/Downside
+258.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-11,450,000.00
Net Margins
-179.75%
Pretax Margin
-182.94%

Debt

Sales & Book Value

Annual Sales
$16.74 million
Book Value
($0.26) per share

Miscellaneous

Free Float
64,391,000
Market Cap
$89.00 million
Optionable
Optionable
Beta
0.41
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Key Executives

  • Mr. Mark C. JensenMr. Mark C. Jensen (Age 45)
    Chairman & CEO
    Comp: $375k
  • Mr. Thomas M. SauveMr. Thomas M. Sauve (Age 44)
    President & Director
    Comp: $300k
  • Mr. Kirk Patrick Taylor CPA (Age 44)
    CPA, Chief Financial Officer
    Comp: $325.3k
  • Mr. Tarlis R. Thompson (Age 40)
    CEO of American Carbon subsidiary
    Comp: $197.84k
  • Mr. Mark J. LaVerghetta (Age 50)
    Vice President of Corporate Finance & Communications
  • Dr. Gregory Quest Jensen J.D. (Age 45)
    Ph.D., General Counsel
  • Ms. Lisa Little
    Head of Human Resources
  • Mr. Jeff Peterson
    Chief Operating Officer of ReElement Technologies LLC
  • Mr. Chris Moorman
    Chief Commercial Officer of ReElement Technologies LLC
  • Ms. Kristie Slone
    Head of Environmental Solutions

AREC Stock Analysis - Frequently Asked Questions

Should I buy or sell American Resources stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Resources in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AREC shares.
View AREC analyst ratings
or view top-rated stocks.

What is American Resources' stock price target for 2024?

2 equities research analysts have issued 12-month price targets for American Resources' stock. Their AREC share price targets range from $3.25 to $5.00. On average, they predict the company's stock price to reach $4.13 in the next year. This suggests a possible upside of 258.7% from the stock's current price.
View analysts price targets for AREC
or view top-rated stocks among Wall Street analysts.

How have AREC shares performed in 2024?

American Resources' stock was trading at $1.49 at the start of the year. Since then, AREC stock has decreased by 22.8% and is now trading at $1.15.
View the best growth stocks for 2024 here
.

When is American Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our AREC earnings forecast
.

How were American Resources' earnings last quarter?

American Resources Co. (NASDAQ:AREC) announced its quarterly earnings results on Monday, May, 20th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.03. The firm earned $0.09 million during the quarter, compared to the consensus estimate of $0.10 million. American Resources had a negative trailing twelve-month return on equity of 978.72% and a negative net margin of 179.75%. During the same period in the prior year, the business posted ($0.04) earnings per share.

What other stocks do shareholders of American Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other American Resources investors own include Co-Diagnostics (CODX), Tonix Pharmaceuticals (TNXP), Inovio Pharmaceuticals (INO), Onconova Therapeutics (ONTX), T2 Biosystems (TTOO), AbbVie (ABBV), Actinium Pharmaceuticals (ATNM), Gilead Sciences (GILD), Kopin (KOPN) and Nokia Oyj (NOK).

Who are American Resources' major shareholders?

American Resources' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.77%), Janney Montgomery Scott LLC (0.93%), PEAK6 Investments LLC (0.10%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Kirk Patrick Taylor, Mark C Jensen, Michael G Layman, Properties Ltd Golden and Thomas M Sauve.
View institutional ownership trends
.

How do I buy shares of American Resources?

Shares of AREC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AREC) was last updated on 6/1/2024 by MarketBeat.com Staff

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