American Resources (AREC) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for American Resources in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AREC shares.
View AREC analyst ratings or view top-rated stocks.

1 brokers have issued 12 month price objectives for American Resources' stock. Their AREC share price forecasts range from $3.50 to $3.50. On average, they anticipate the company's share price to reach $3.50 in the next twelve months. This suggests a possible upside of 109.6% from the stock's current price.
View analysts price targets for AREC or view top-rated stocks among Wall Street analysts.

American Resources' stock was trading at $1.32 on January 1st, 2023. Since then, AREC stock has increased by 26.5% and is now trading at $1.67.
View the best growth stocks for 2023 here.

American Resources saw a drop in short interest in September. As of September 15th, there was short interest totaling 2,940,000 shares, a drop of 7.8% from the August 31st total of 3,190,000 shares. Based on an average daily trading volume, of 201,500 shares, the days-to-cover ratio is presently 14.6 days. Currently, 5.6% of the company's stock are short sold.
View American Resources' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 21st 2023.
View our AREC earnings forecast.

American Resources Co. (NASDAQ:AREC) released its earnings results on Monday, August, 14th. The company reported ($0.01) EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.03. The firm earned $1.98 million during the quarter, compared to the consensus estimate of $18.30 million. American Resources had a negative net margin of 1.48% and a negative trailing twelve-month return on equity of 700.09%. During the same period last year, the company posted ($0.04) EPS.

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).

American Resources trades on the NASDAQ under the ticker symbol "AREC."

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.
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One share of AREC stock can currently be purchased for approximately $1.67.

American Resources (NASDAQ:AREC) has a market capitalization of $130.61 million and generates $39.47 million in revenue each year. The company earns $-1,450,000.00 in net income (profit) each year or $0.01 on an earnings per share basis.

American Resources' mailing address is 12115 VISIONARY WAY, FISHERS IN, 46038. The official website for the company is www.americanresourcescorp.com. The company can be reached via phone at (317) 855-9926, via email at investor@americanresourcescorp.com, or via fax at 606-393-0190.