American Resources (NASDAQ:AREC – Get Free Report) is projected to release its earnings data before the market opens on Thursday, March 27th. Analysts expect American Resources to post earnings of ($0.12) per share and revenue of $1.30 million for the quarter.
American Resources Stock Down 3.9 %
AREC opened at $0.46 on Thursday. The stock has a market cap of $35.48 million, a PE ratio of -1.18 and a beta of 0.31. The business has a 50 day moving average of $0.63 and a 200-day moving average of $0.84. American Resources has a 52 week low of $0.41 and a 52 week high of $1.67.
Analysts Set New Price Targets
Separately, D. Boral Capital reiterated a “buy” rating and set a $4.00 price objective on shares of American Resources in a research note on Tuesday, January 7th.
American Resources Company Profile
American Resources Corporation, together with its subsidiaries, extracts, processes, transports, and sells metallurgical coal to the steel and industrial industries. It supplies raw materials; and sells coal used in pulverized coal injections. The company was founded in 2006 and is headquartered in Fishers, Indiana.
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