S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Laser breakthrough could send stock soaring 2,467% (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Laser breakthrough could send stock soaring 2,467% (Ad)
How major US stock indexes fared Friday, 9/29/2023
MarketBeat Week in Review – 9/25 - 9/29
Laser breakthrough could send stock soaring 2,467% (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Closing prices for crude oil, gold and other commodities
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Laser breakthrough could send stock soaring 2,467% (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Laser breakthrough could send stock soaring 2,467% (Ad)
How major US stock indexes fared Friday, 9/29/2023
MarketBeat Week in Review – 9/25 - 9/29
Laser breakthrough could send stock soaring 2,467% (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Closing prices for crude oil, gold and other commodities
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Laser breakthrough could send stock soaring 2,467% (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Laser breakthrough could send stock soaring 2,467% (Ad)
How major US stock indexes fared Friday, 9/29/2023
MarketBeat Week in Review – 9/25 - 9/29
Laser breakthrough could send stock soaring 2,467% (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Closing prices for crude oil, gold and other commodities
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Laser breakthrough could send stock soaring 2,467% (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Laser breakthrough could send stock soaring 2,467% (Ad)
How major US stock indexes fared Friday, 9/29/2023
MarketBeat Week in Review – 9/25 - 9/29
Laser breakthrough could send stock soaring 2,467% (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Closing prices for crude oil, gold and other commodities
NASDAQ:AREC

American Resources (AREC) Stock Forecast, Price & News

$1.67
+0.08 (+5.03%)
(As of 09/29/2023 ET)
Compare
Today's Range
$1.57
$1.73
50-Day Range
$1.20
$1.97
52-Week Range
$1.04
$3.00
Volume
217,858 shs
Average Volume
177,533 shs
Market Capitalization
$130.61 million
P/E Ratio
167.00
Dividend Yield
N/A
Price Target
$3.50

American Resources MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
109.6% Upside
$3.50 Price Target
Short Interest
Bearish
5.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.44mentions of American Resources in the last 14 days
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

130th out of 168 stocks

Bituminous Coal & Lignite Mining Industry

4th out of 5 stocks


AREC stock logo

About American Resources (NASDAQ:AREC) Stock

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 Price History

AREC Stock News Headlines

LTHM, PLL and AREC are among materials movers
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
4 Analysts Have This to Say About American Res
2 Coal Stocks to Buy, 1 to Get Rid Of
See More Headlines
Receive AREC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for American Resources and its competitors with MarketBeat's FREE daily newsletter.

AREC Company Calendar

Last Earnings
8/14/2023
Today
9/30/2023
Next Earnings (Estimated)
11/21/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Bituminous coal & lignite mining
Sub-Industry
N/A
Current Symbol
NASDAQ:AREC
Employees
11
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.50
High Stock Price Forecast
$3.50
Low Stock Price Forecast
$3.50
Forecasted Upside/Downside
+109.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-1,450,000.00
Pretax Margin
-1.40%

Debt

Sales & Book Value

Annual Sales
$39.47 million

Miscellaneous

Free Float
65,073,000
Market Cap
$130.61 million
Optionable
Not Optionable
Beta
0.46
The Best High-Yield Dividend Stocks for 2023 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Key Executives

  • Mr. Mark C. JensenMr. Mark C. Jensen (Age 44)
    Chairman & CEO
    Comp: $350k
  • Mr. Thomas M. SauveMr. Thomas M. Sauve (Age 43)
    Pres & 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
    VP of Corp. Fin. & Communications
  • Dr. Gregory Quest Jensen J.D.
    Ph.D., Gen. Counsel
  • Ms. Lisa Little
    Head of HR
  • 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 - Frequently Asked Questions

Should I buy or sell American Resources stock right now?

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.

What is American Resources' stock price forecast for 2023?

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.

How have AREC shares performed in 2023?

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
.

Are investors shorting American Resources?

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
.

When is American Resources' next earnings date?

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

How were American Resources' earnings last quarter?

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.

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).

What is American Resources' stock symbol?

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

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.

What is American Resources' stock price today?

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

How much money does American Resources make?

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.

How can I contact American Resources?

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.

This page (NASDAQ:AREC) was last updated on 9/30/2023 by MarketBeat.com Staff

My Account -