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American Resources Corporation

American Resources Corporation (AREC)

1.15
-0.01
(-0.86%)
Closed June 03 4:00PM
1.16
0.01
(0.87%)
After Hours: 7:53PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
1.16
Bid
1.10
Ask
1.65
Volume
230,516
1.15 Day's Range 1.21
1.1101 52 Week Range 2.16
Market Cap
Previous Close
1.16
Open
1.20
Last Trade
58
@
1.16
Last Trade Time
Financial Volume
$ 272,557
VWAP
1.1824
Average Volume (3m)
241,055
Shares Outstanding
78,268,338
Dividend Yield
-
PE Ratio
-7.86
Earnings Per Share (EPS)
-0.15
Revenue
16.74M
Net Profit
-11.46M

About American Resources Corporation

American Resources Corp is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The firm is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare... American Resources Corp is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The firm 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. The firm has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated. Its business model provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets. Show more

Sector
Silver Ores
Industry
Silver Ores
Headquarters
Seminole, Florida, USA
Founded
1970
American Resources Corporation is listed in the Silver Ores sector of the NASDAQ with ticker AREC. The last closing price for American Resources was $1.16. Over the last year, American Resources shares have traded in a share price range of $ 1.1101 to $ 2.16.

American Resources currently has 78,268,338 shares outstanding. The market capitalization of American Resources is $90.01 million. American Resources has a price to earnings ratio (PE ratio) of -7.86.

AREC Latest News

At278 Ultra-Concentrated Ultra-Rapid Acting Insulin Demonstrates Superiority in Phase i Clinical Trial in Overweight and Obese People With Type 2 Diabetes

Arecor Therapeutics plc(β€œArecor” or β€œthe Company”) AT278 ULTRA-CONCENTRATED ULTRA-RAPID ACTING INSULIN DEMONSTRATES SUPERIORITY IN PHASE I CLINICAL TRIAL IN OVERWEIGHT AND OBESE PEOPLE WITH TYPE...

Arecor and Medtronic Diabetes establish collaboration to develop a novel thermostable insulin for implantable pump delivery

Arecor Therapeutics plc(β€œArecor” or the β€œCompany”) ARECOR AND MEDTRONIC DIABETES ESTABLISH COLLABORATION TO DEVELOP A NOVEL THERMOSTABLE INSULIN FOR IMPLANTABLE PUMP DELIVERY Medtronic to fund...

ARECOR AND TRx BIOSCIENCES ESTABLISH RESEARCH COLLABORATION TO DEVELOP ORAL GLP-1 WITH ENHANCED BIOAVAILABILITY

Arecor Therapeutics plc(β€œArecor” or the β€œCompany”) ARECOR AND TRx BIOSCIENCES ESTABLISH RESEARCH COLLABORATION TO DEVELOP ORAL GLP-1 WITH ENHANCED BIOAVAILABILITY Companies to combine...

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

Arecor Therapeutics plc(β€œArecor” or the β€œGroup”) FIRST PRODUCT INCORPORATING ARECOR’S ARESTAT TECHNOLOGY, AT220, LAUNCHED IN EUROPE First commercial sale triggers milestone payment and future...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.09-7.21.251.281.11012487301.19894379CS
4-0.37-24.18300653591.531.55951.11012694461.2777351CS
12-0.54-31.76470588241.71.781.11012410551.39477449CS
26-0.64-35.55555555561.81.81.11012284451.44131459CS
52-0.22-15.94202898551.382.161.11012222281.5395027CS
156-1.74-602.94.221.047678432.17985367CS
260-2.142-64.86977589343.3028.020.3211051403.0256912CS

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AREC Discussion

View Posts
stockcatman stockcatman 4 days ago
AREC had $90,000 in sales. Unfortunately, under a dollar is coming.
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Dubster watching Dubster watching 5 days ago
$1.24 filled looking for $1.23
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Dubster watching Dubster watching 1 week ago
Roth MKM Maintains Buy on American Res, Maintains $5 Price Target
BENZINGA 8:05 AM ET 5/24/2024
Roth MKM analyst Mike Niehuser maintains American Res with a Buy and maintains $5 price target.
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stockcatman stockcatman 2 weeks ago
Zacks Consensus Estimate

This company is expected to post quarterly loss of $0.06 per share in its upcoming report, which represents a year-over-year change of -50%.

Revenues are expected to be $0.1 million, down 98.9% from the year-ago quarter.

I guess it could be worse. Revenues could be expected to be down 99% from the year-ago quarter.
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Dubster watching Dubster watching 2 weeks ago
$1.27-$1.29 filled
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Dubster watching Dubster watching 3 weeks ago
1000 sold $1.38
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Dubster watching Dubster watching 3 weeks ago
Sold $1.36 (1000)/ 2000 to go higher, soon hopefully
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Dubster watching Dubster watching 4 weeks ago
Sold some $1.32
Looking good!
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Dubster watching Dubster watching 4 weeks ago
Not yet. Got some $1.24s average about $1.30s
Anything under is pure $
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KingOfSwing...Trading KingOfSwing...Trading 4 weeks ago
Did you get a fill at $1.23?
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Dubster watching Dubster watching 4 weeks ago
I’m still trying to get $1.23 but it’s up from here I think.
GL
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KingOfSwing...Trading KingOfSwing...Trading 4 weeks ago
I’m back in at $1.27. Good luck to all of us!
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Dubster watching Dubster watching 4 weeks ago
Jumping back up$$!
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Dubster watching Dubster watching 4 weeks ago
$1.26 filled
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Dubster watching Dubster watching 4 weeks ago
$1.28 filled! Run up pending
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Dubster watching Dubster watching 4 weeks ago
$1.31 filled
Extended has it at $1.42 nice!
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Dubster watching Dubster watching 4 weeks ago
$1.32 is a great price!
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Dubster watching Dubster watching 1 month ago
Great chart!
Will definitely take another position when it takes another break.
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Dubster watching Dubster watching 1 month ago
Amen!
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KingOfSwing...Trading KingOfSwing...Trading 1 month ago
Absolutely! Another favorable swing trade outcome for me. Time for a pullback so I can get back in for another trip to the bank.
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Dubster watching Dubster watching 1 month ago
Nice p0p
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Dubster watching Dubster watching 1 month ago
This has always paid$$
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Dubster watching Dubster watching 1 month ago
Nice pop!
Never disappoints
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stockcatman stockcatman 2 months ago
They name companies all over Africa but a domestic auto company is somehow top secret. It sounds like they have contracted to receive old EV motors and maybe batteries. They could have contracted for 10 a year for all we know. The market is betting the value of the contract is insignificant.
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murocman murocman 2 months ago
Lots of talk and great PR’s but very little in the way of actual revenue and results.

Like you say, until they an actually put up some solid results and earn some trust in being able to execute it will be more of the same.

Murocman
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stockcatman stockcatman 2 months ago
ReElement Technologies partners with domestic Auto manufacturer and crickets. Nobody trusts this management team.
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Dubster watching Dubster watching 3 months ago
Profits!
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Dubster watching Dubster watching 3 months ago
$$ never disappoints!
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stockcatman stockcatman 3 months ago
Always disappoints.
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Dubster watching Dubster watching 4 months ago
Never disappoints
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Dubster watching Dubster watching 4 months ago
$1.27 filled! Keep on coming down.
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Dubster watching Dubster watching 4 months ago
I have seen developments in the last couple of years, some were underreported. (Uncommon that you dont see a company out misleading shareholders).

Ownership of powerful resources is important in these times.
GL
Blessings
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murocman murocman 4 months ago
The question is, can AREC?

So far lots of talk but no production and no revenue.

Murocman
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Dubster watching Dubster watching 4 months ago
$1.31 is a sweet spot in my opinion.
How many companies in the US are left that can produce these important resources?
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Dubster watching Dubster watching 4 months ago
Nice way to behave!
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Dubster watching Dubster watching 4 months ago
Loaded up today.
Thankful
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Dubster watching Dubster watching 7 months ago
$$
Never has disappointed
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stockcatman stockcatman 7 months ago
Loss of .14 cents per share forecasted for 3rd qtr. That will not go over well.
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KingOfSwing...Trading KingOfSwing...Trading 8 months ago
Yup. Wash. Rinse. Repeat.
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Dubster watching Dubster watching 8 months ago
Well done!
You know I always come back for more.
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KingOfSwing...Trading KingOfSwing...Trading 8 months ago
I’ll take that double digit gain and wait in line for another ride. Thanks!
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Dubster watching Dubster watching 8 months ago
Almost gone again.
AREC never disappoints
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Dubster watching Dubster watching 8 months ago
Nice pop! Easy $
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stockcatman stockcatman 10 months ago
Less than $2 million in sales for Q2! Is that a typo?
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stockcatman stockcatman 10 months ago
Upcoming 2nd qtr results must be terrible. Those in the know are dumping.
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Monksdream Monksdream 10 months ago
American Resources Corp NASDAQ: AREC

GoSymbol lookup
Energy : Oil, Gas & Consumable Fuels | Small Cap GrowthCompany profile
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.
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stockcatman stockcatman 1 year ago
Based on today’s close I expect the 1st qtr results to be a real clunker. They’ll miss revenue expectations and have a greater loss than expected. With this company it’s always better to take the under.
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KingOfSwing...Trading KingOfSwing...Trading 1 year ago
Absolutely getting back in for another trip to the ATM!!!!
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Dubster watching Dubster watching 1 year ago
How you holding up Randy?
I pray all is well with you and your.

Thoughts on the recent filings?
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Dubster watching Dubster watching 1 year ago
Looking tasty, thoughts?
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