American Resources (NASDAQ:AREC – Get Free Report) is anticipated to post its quarterly earnings results 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 Performance
Shares of American Resources stock opened at $0.59 on Wednesday. American Resources has a 1 year low of $0.41 and a 1 year high of $1.63. The company has a market capitalization of $45.85 million, a P/E ratio of -1.52 and a beta of 0.31. The company’s fifty day moving average is $0.61 and its two-hundred day moving average is $0.84.
Wall Street Analyst Weigh In
Separately, D. Boral Capital reaffirmed a “buy” rating and set a $4.00 price target on shares of American Resources in a report 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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