Should I buy or sell American Resources stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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?

1 brokers have issued 1-year price targets for American Resources' shares. Their AREC share price targets range from $3.25 to $3.25. On average, they anticipate the company's share price to reach $3.25 in the next twelve months. This suggests a possible upside of 81.6% 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 2023?

American Resources' stock was trading at $1.32 at the beginning of the year. Since then, AREC stock has increased by 35.6% and is now trading at $1.79. View the best growth stocks for 2023 here .

Are investors shorting American Resources?

American Resources saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 3,290,000 shares, an increase of 5.1% from the October 31st total of 3,130,000 shares. Based on an average daily volume of 200,200 shares, the short-interest ratio is presently 16.4 days. Approximately 6.3% of the company's shares are sold short. View American Resources' Short Interest .

When is American Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 4th 2024. View our AREC earnings forecast .

How were American Resources' earnings last quarter?

American Resources Co. (NASDAQ:AREC) released its quarterly earnings results on Monday, August, 14th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.03. The business had revenue of $1.98 million for the quarter, compared to analyst estimates of $18.30 million. American Resources had a negative trailing twelve-month return on equity of 95.82% and a net margin of 39.04%. During the same period last year, the firm posted ($0.04) EPS.

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 many different institutional and retail investors. Top institutional investors include Simplex Trading LLC (0.00%), Group One Trading L.P. (0.00%), Jump Financial LLC (0.03%), GTS Securities LLC (0.00%), Cutler Group LLC CA (0.00%) 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

American Resources Stock Price, News & Analysis (NASDAQ:AREC)

$1.79

-0.05 (-2.72%)

(As of 11/29/2023 ET)

Compare

Today's Range: $1.70
▼
$1.84
50-Day Range: $1.23
▼
$1.84
52-Week Range: $1.04
▼
$2.16

Volume: 242,290 shs
Average Volume: 227,254 shs
Market Capitalization: $140.10 million

P/E Ratio: 12.79
Dividend Yield: N/A
Price Target: $3.25

American Resources MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 81.6% Upside
$3.25 Price Target
Short Interest: Bearish
6.29% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.63
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

Basic Materials Sector

125th out of 166 stocks

Bituminous Coal & Lignite Mining Industry

4th out of 5 stocks

3.5

Analyst's Opinion

Consensus Rating
American Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.25, American Resources has a forecasted upside of 81.6% from its current price of $1.79.
Amount of Analyst Coverage
American Resources has only been the subject of 1 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
6.29% of the float of American Resources has been sold short.
Short Interest Ratio / Days to Cover
American Resources has a short interest ratio ("days to cover") of 16.4, which indicates bearish sentiment.
Change versus previous month
Short interest in American Resources has recently increased by 5.11%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
American Resources does not currently pay a dividend.
Dividend Growth
American Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AREC.

2.6

News and Social Media Coverage

News Sentiment
American Resources has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.29 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for American Resources this week, compared to 2 articles on an average week.
Search Interest
10 people have searched for AREC on MarketBeat in the last 30 days. This is an increase of 900% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, American Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
16.80% of the stock of American Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 11.01% of the stock of American Resources is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of American Resources is 12.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of American Resources is 12.79, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 93.97.
Price to Book Value per Share Ratio
American Resources has a P/B Ratio of 9.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About American Resources Stock (NASDAQ:AREC)

American Resources Corporation engages in the extraction, processing, transportation, distribution, and sale of metallurgical coal to the steel industries. The company supplies raw materials; and sells coal used in pulverized coal injections. It has a portfolio of operations located in the Pike, Knott, and Letcher Counties in Kentucky; and Wyoming County, West Virginia. The company was founded in 2006 and is headquartered in Fishers, Indiana.

AREC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AREC Stock News Headlines

November 20, 2023 | finance.yahoo.com

American Resources Corporation (NASDAQ:AREC) Q3 2023 Earnings Call Transcript

November 20, 2023 | americanbankingnews.com

Brokers Offer Predictions for American Resources Co.'s FY2023 Earnings (NASDAQ:AREC)

November 30, 2023 | Autonomix (Ad)

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November 17, 2023 | markets.businessinsider.com

First Product Incorporating Arecor’s Arestat Technology, At220, Launched in Europe

November 16, 2023 | markets.businessinsider.com

American Resources: Improved Net Income and Strategic Asset Monetization Drive Analyst’s Buy Rating Despite Revenue Drop

November 15, 2023 | msn.com

American Resources, JHUT in JV to recycle lithium-ion battery material in Japan

November 15, 2023 | finance.yahoo.com

American Resources Corp Reports Substantial Increase in Net Income for Q3 2023

November 15, 2023 | finance.yahoo.com

Q3 2023 American Resources Corp Earnings Call

November 30, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 15, 2023 | finance.yahoo.com

American Resources Corporation's Subsidiary, ReElement Technologies Corporation, and JHUT LLC Sign Joint Venture Partnership to Recycle and Refine Lithium-Ion Battery Material in Japan

November 11, 2023 | morningstar.com

American Resources Corp Class A

November 9, 2023 | finance.yahoo.com

American Resources Corporation’s ReElement Technologies Closes $44.9 Million in Local Incentives for Lithium-Ion Battery and Rare Earth Element Recycling Campus

November 8, 2023 | finance.yahoo.com

American Resources Corporation to Report Third Quarter 2023 Financial Results on November 14, 2023

November 7, 2023 | finance.yahoo.com

American Resources Corporation's ReElement Technologies Receives Preliminary Fiscal Court Approval for the Issuance of Up To $150 Million of Tax-Exempt Industrial Revenue Bonds for Kentucky Lithium Refinery

November 6, 2023 | finance.yahoo.com

American Resources Corporation Sponsored American Acquisition Opportunity Inc. Closes Previously Announced Acquisition of Royalty Management Corporation and Commences Trading on Nasdaq

November 2, 2023 | finance.yahoo.com

American Resources Corporation's ReElement Technologies Produces Ultra-High Purity, 99.96%, Battery-Grade Lithium from Spodumene Bearing Pegmatite Ore

October 31, 2023 | finance.yahoo.com

American Resources Corporation's ReElement Technologies Appoints Swiss Professional Racing Driver, Neel Jani, as Brand Ambassador

October 28, 2023 | finance.yahoo.com

Top 3 Christmas Stocks to Buy Before the Holiday Season Surge

October 5, 2023 | finance.yahoo.com

Shareholders in American Resources (NASDAQ:AREC) are in the red if they invested five years ago

October 4, 2023 | msn.com

American Resources signs LOI to sell carbon mining assets in $280M deal

October 2, 2023 | finance.yahoo.com

American Resources Corporation's ReElement Technologies Expands International Team with the Appointment of Shane Tragethon as Vice President, International Strategy

September 22, 2023 | seekingalpha.com

LTHM, PLL and AREC are among materials movers

September 21, 2023 | msn.com

American Resources secures $46M incentives for battery, rare earth recycling plant

September 21, 2023 | finance.yahoo.com

American Resources Corporation's ReElement Technologies Secures $46 Million in Local Incentives for Lithium-Ion Battery and Rare Earth Element Recycling Campus

September 6, 2023 | finance.yahoo.com

American Resources Corporation Appoints Josh Hawes as Independent Director

August 21, 2023 | proactiveinvestors.com

American Resources subsidiary ReElement Technologies appoints Ben Wrightsman as president

August 21, 2023 | finance.yahoo.com

American Resources Corporation’s ReElement Technologies Expands Executive Team with Appointment of Ben Wrightsman as President

See More Headlines

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Company Calendar

Last Earnings: 8/14/2023
Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 4/04/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Bituminous coal & lignite mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NASDAQ:AREC
CUSIP: N/A
CIK: 1590715
Web: www.americanresourcescorp.com
Phone: (317) 855-9926
Fax: 606-393-0190
Employees: 11
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.25
High Stock Price Target: $3.25
Low Stock Price Target: $3.25
Potential Upside/Downside: +81.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.14
Trailing P/E Ratio: 12.79
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,450,000.00
Net Margins: 39.04%
Pretax Margin: 39.34%
Return on Equity: -95.82%
Return on Assets: -10.27%

Debt

Debt-to-Equity Ratio: 2.94
Current Ratio: 0.76
Quick Ratio: 0.63

Sales & Book Value

Annual Sales: $39.47 million
Price / Sales: 3.55
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.19 per share
Price / Book: 9.42

Miscellaneous

Outstanding Shares: 78,270,000
Free Float: 65,119,000
Market Cap: $140.10 million
Optionable: Not Optionable
Beta: 0.38

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Key Executives

Mr. Mark C. Jensen (Age 44)
Chairman & CEO
Comp: $350k
Mr. Thomas M. Sauve (Age 43)
President & Director
Comp: $282.33k
Mr. Kirk Patrick Taylor CPA (Age 43)
CPA, CFO & Principal Accounting Officer
Comp: $298.13k
Mr. Tarlis R. Thompson (Age 39)
CEO of American Carbon subsidiary
Comp: $197.84k
Mr. Mark J. LaVerghetta (Age 49)
Vice President of Corporate Finance & Communications
Dr. Gregory Quest Jensen J.D.
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AREC Stock Analysis - Frequently Asked Questions

Should I buy or sell American Resources stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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?: 1 brokers have issued 1-year price targets for American Resources' shares. Their AREC share price targets range from $3.25 to $3.25. On average, they anticipate the company's share price to reach $3.25 in the next twelve months. This suggests a possible upside of 81.6% 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 2023?: American Resources' stock was trading at $1.32 at the beginning of the year. Since then, AREC stock has increased by 35.6% and is now trading at $1.79.
View the best growth stocks for 2023 here.
Are investors shorting American Resources?: American Resources saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 3,290,000 shares, an increase of 5.1% from the October 31st total of 3,130,000 shares. Based on an average daily volume of 200,200 shares, the short-interest ratio is presently 16.4 days. Approximately 6.3% of the company's shares are sold short.
View American Resources' Short Interest.
When is American Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 4th 2024.
View our AREC earnings forecast.

How were American Resources' earnings last quarter?: American Resources Co. (NASDAQ:AREC) released its quarterly earnings results on Monday, August, 14th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.03. The business had revenue of $1.98 million for the quarter, compared to analyst estimates of $18.30 million. American Resources had a negative trailing twelve-month return on equity of 95.82% and a net margin of 39.04%. During the same period last year, the firm posted ($0.04) EPS.
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 many different institutional and retail investors. Top institutional investors include Simplex Trading LLC (0.00%), Group One Trading L.P. (0.00%), Jump Financial LLC (0.03%), GTS Securities LLC (0.00%), Cutler Group LLC CA (0.00%) 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:AREC) was last updated on 11/30/2023 by MarketBeat.com Staff

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American Resources Stock Price, News & Analysis (NASDAQ:AREC)

American Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About American Resources Stock (NASDAQ:AREC)

AREC Stock Price History

AREC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AREC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™