2024 Oil Boom
There is a much better way to profit from oil in 2024. It's NOT oil stocks, futures, or anything you've likely heard about. In fact, one man used it build a small $1,000 investment into a $100,000 income stream over fifty years.
| Open | 0.53 | Prev Close | 0.59 |
| High | 0.72 | Low | 0.53 |
| Volume | 967,555 | Volume (Avg) | 414,289 |
| 52 Week High | 8.02 | 52 Week Low | 0.77 |
| Market Cap | 227.6M | PE Ratio | -1.97 |
General
| Name | American Resources Corporation |
| Ticker | AREC |
| Exchange | NASDAQ |
| Sector | Energy |
| Industry | Thermal Coal |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 10 |
About American Resources Corporation
American Resources Corporation supplies raw materials for the global infrastructure marketplace. The company focuses on the extraction and processing of metallurgical carbon used in steelmaking. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia. The company was founded in 2006 and is headquartered in Fishers, Indiana.
Highlights
| Analyst Target | 6.13 |
| Market Cap | 227,602,816 |
| PE Ratio | -1.97 |
| EBITDA | -15,069,621 |
Valuation
| Trailing PE | 0.16 |
| Price/Sales (Trailing 12 Mt.) | 120.24 |
| Price/Book (Most Recent Quarter) | 2.19 |
Technicals
| Beta | -10.12 |
| 52 Week High | 8.02 |
| 52 Week Low | 0.77 |
| 50 Day Average | 4.91 |
| 200 Day Average | 2.53 |
Earnings
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