AREC stock icon

American Resources Corp
AREC

$0.89
18.92%
 

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

0
Funds holding %
of 6,689 funds
Analysts bullish %
0
News positive %
of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0.3% less ownership

Funds ownership: 9.32% [Q4 2023] → 9.02% (-0.3%) [Q1 2024]

8% less capital invested

Capital invested by funds: $10.9M [Q4 2023] → $9.95M (-$912K) [Q1 2024]

13% less funds holding

Funds holding: 39 [Q4 2023] → 34 (-5) [Q1 2024]

45% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 11

60% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 15

60% less call options, than puts

Call options by funds: $88.5K | Put options by funds: $223K

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$5
461%
upside
Avg. target
$5
461%
upside
High target
$5
461%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
EF Hutton
Tim Moore
461%upside
$5
Buy
Initiated
3 Jun 2024
Roth MKM
Mike Niehuser
461%upside
$5
Buy
Maintained
24 May 2024

Financial journalist opinion

Based on 6 articles about AREC published over the past 30 days

Neutral
Accesswire
4 weeks ago
American Resources Corporation's ReElement Technologies Corporation Has Been Approved and Accepted as Member in Defense Industrial Base Consortium
The Defense Industrial Base Consortium aims to diversify and expand a robust and resilient defense industrial base to meet national security needs FISHERS, IN / ACCESSWIRE / May 17, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, announces that it has been accepted as a member of the Defense Industrial Base Consortium ("DIBC"), a members-only industry collective of companies with innovative and dynamic technologies that can serve as a conduit to the United States Federal Government for the enhancement of commercialization of technologies that, for this specific consortium, will address defense supply chain issues, develop the industrial workforce, sustain the ability to critical mineral and metals production, commercialize research and development efforts, and assist in rapidly scaling of emerging technologies to build a robust, resilient defense industrial base. With this membership in the consortium, ReElement Technologies will join a few key companies and technologies and will showcase to the federal government the ability to onshore the production of refined defense minerals, such as rare earth elements, critical minerals, and other esoteric metals that ReElement Technologies' patented chromatography process uniquely achieves.
American Resources Corporation's ReElement Technologies Corporation Has Been Approved and Accepted as Member in Defense Industrial Base Consortium