American Resources/AREC

$1.39

4.31%
-
1D1W1MYTD1YMAX

About American Resources

American Resources Corporation is a supplier of high raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia. Its subsidiaries include American Carbon Corp. American Carbon Corp has seven coal mining and processing operating subsidiaries: McCoy Elkhorn Coal LLC, Knott County Coal LLC, Deane Mining, LLC (Deane Mining), Wyoming County Coal LLC (Wyoming County), Quest Processing LLC (Quest Processing), Perry County Resources, located in eastern Kentucky and western West Virginia within the Central Appalachian coal basin, and ERC Mining Indiana Corporation (ERC) located in southwest Indiana within the Illinois coal basin.

Ticker

AREC

Sector

Industrials

Trading on

NASDAQ

Industry

Electronic Instr. & Controls

CEO

Mark Jensen

Employees

11

Headquarters

Fishers, United States

AREC Metrics

BasicAdvanced
$108.79M
Market cap
11.36
P/E ratio
$0.12
EPS
0.42
Beta
-
Dividend rate
$108.79M
0.41709
$2.16
$1.04
207.48K
0.715
0.582
293.973
299.448
23.243
-13.69%
11.99%
293.31%
16.25%
11.363
5.093
6.324
7.403
20.171
-45.68%
137.22%
17.27%

What the Analysts think about AREC

Analyst Ratings

Majority rating from 2 analysts.
Buy

Price Targets

Average projection from 2 analysts.
197.12% upside
High $5.00
Low $3.25
$1.39
Current price
$4.13
Average price target

AREC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
58.62% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
$5.8M
205.26%
Net income
$3.4M
-477.78%
Profit margin
58.62%
-223.78%

AREC Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 250%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.04
-$0.01
$0.05
-$0.14
-
Expected
-$0.06
-$0.04
-$0.14
-$0.04
-$0.03
Surprise
-33.33%
-75%
-135.71%
250%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for American Resources stock?

American Resources (AREC) has a market cap of $108.79M as of April 15, 2024.

What is the P/E ratio for American Resources stock?

The price to earnings (P/E) ratio for American Resources (AREC) stock is 11.36 as of April 15, 2024.

Does American Resources stock pay dividends?

No, American Resources (AREC) stock does not pay dividends to its shareholders as of April 15, 2024.

When is the next American Resources dividend payment date?

American Resources (AREC) stock does not pay dividends to its shareholders.

What is the beta indicator for American Resources?

American Resources (AREC) has a beta rating of 0.42. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the American Resources stock price target?

The target price for American Resources (AREC) stock is $4.13, which is 197.12% above the current price of $1.39. This is an average based on projections from 2 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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