American Resources CorpAREC
Market Cap: $36.4M
About: 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.
Employees: 26
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
469% more call options, than puts
Call options by funds: $74K | Put options by funds: $13K
1.65% less ownership
Funds ownership: 9.09% [Q1] → 7.45% (-1.65%) [Q2]
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
29% less funds holding
Funds holding: 34 [Q1] → 24 (-10) [Q2]
57% less capital invested
Capital invested by funds: $10M [Q1] → $4.31M (-$5.73M) [Q2]
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
EF Hutton Jesse Sobelson 0% 1-year accuracy 0 / 3 met price target | 751%upside $4 | Buy Maintained | 17 Jul 2024 |
Financial journalist opinion
Based on 5 articles about AREC published over the past 30 days