American Resources Corporation engages in the extraction, processing, transportation, and selling of metallurgical coal and pulverized coal injection for the steel making process. The company also provides high-BTU, low sulfur, and low moisture bituminous coal used for various industries, including industrial customers; and specialty products and thermal coal that is used for electricity generation. It operates 2 active mines, 1 idle mine, and coal preparation facilities located in Pike County, Kentucky; 1 active mine and 22 idled mining permits located in Knott County, Kentucky; 1 active underground coal mine, 1 coal preparation facilities, and 12 idled mining permits in Letcher and Knott County, Kentucky; and 2 idled underground mining permits located in Wyoming County, West Virginia. The company was formerly known as NGFC Equities, Inc. and changed its name to American Resources Corporation in February 2017. American Resources Corporation was founded in 2013 and is headquartered in Fishers, Indiana.
Industry, Sector and Symbol
Industry Miscellaneous repair services
Sub-IndustryN/A
SectorBasic Materials
CIKN/A
Phone317-855-9926
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$31.52 million
Profitability
Miscellaneous
Employees242
Next Earnings DateN/A
OptionableNot Optionable
American Resources (NASDAQ:AREC) Frequently Asked Questions
What is American Resources' stock symbol?
American Resources trades on the NASDAQ under the ticker symbol "AREC."
What price target have analysts set for AREC?
1 brokerages have issued twelve-month price objectives for American Resources' shares. Their forecasts range from $1.50 to $1.50. On average, they expect American Resources' stock price to reach $1.50 in the next year. This suggests a possible upside of 130.8% from the stock's current price. View Analyst Price Targets for American Resources.
What is the consensus analysts' recommendation for American Resources?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Resources in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for American Resources.
Has American Resources been receiving favorable news coverage?
Headlines about AREC stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. American Resources earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for American Resources.
Are investors shorting American Resources?
American Resources saw a decrease in short interest in September. As of September 30th, there was short interest totalling 25,300 shares, a decrease of 47.4% from the August 30th total of 48,100 shares. Based on an average trading volume of 80,700 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are sold short. View American Resources' Current Options Chain.
Who are some of American Resources' key competitors?
Some companies that are related to American Resources include Piedmont Lithium (PLL), Millennium Minerals (MOY), Aura Minerals (ORA), Superior Gold (SGI), Allegiance Coal (AHQ), Cornerstone Capital Resources (CGP), Supremex (SXP), Petra Diamonds (PDL), Theta Gold Mines (TGM), PFB (PFB), White Energy (WEC), Jubilee Metals Group (JLP), Peel Mining (PEX), Australian Mines (AUZ) and KGL Resources (KGL).
What other stocks do shareholders of American Resources own?
Who are American Resources' key executives?
American Resources' management team includes the folowing people:
- Mr. Mark C. Jensen, Chairman & CEO (Age 40)
- Mr. Thomas M. Sauve, Pres & Director (Age 39)
- Mr. Kirk P. Taylor CPA, CPA, Chief Financial Officer (Age 39)
- Mr. Tarlis R. Thompson, Chief Operating Officer (Age 35)
- Mr. Mark J. LaVerghetta, VP of Corp. Fin. & Communications
How do I buy shares of American Resources?
Shares of AREC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is American Resources' stock price today?
One share of AREC stock can currently be purchased for approximately $0.65.
How big of a company is American Resources?
What is American Resources' official website?
How can I contact American Resources?
American Resources' mailing address is 9002 TECHNOLOGY LANE, FISHERS IN, 46038. The company can be reached via phone at 317-855-9926 or via email at [email protected]
MarketBeat Community Rating for American Resources (NASDAQ AREC)
MarketBeat's community ratings are surveys of what our community members think about American Resources and other stocks. Vote "Outperform" if you believe AREC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AREC will underperform the S&P 500 over the long term. You may vote once every thirty days.
