American Resources Corp. engages in the extraction, processing, transportation, and distribution of metallurgical coal to the steel industry. The company is headquartered in Fishers, Indiana and currently employs 21 full-time employees. The company went IPO on 2015-08-03. 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 company has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia. Its subsidiaries include American Carbon Corp. American Carbon Corp. has over seven coal mining and processing operating subsidiaries: McCoy Elkhorn Coal LLC, Knott County Coal LLC, Deane Mining, LLC (Deane Mining), Wyoming County Coal LLC (Wyoming County), Quest Processing LLC (Quest Processing), Perry County Resources, located in eastern Kentucky and western West Virginia within the Central Appalachian coal basin, and ERC Mining Indiana Corporation (ERC) located in southwest Indiana within the Illinois coal basin.
Follow-Up Questions
Who is the CEO of American Resources Corp?
Mr. Mark Jensen is the Chairman of the Board of American Resources Corp, joining the firm since 2017.
What is the price performance of AREC stock?
The current price of AREC is $2.9, it has increased 1.08% in the last trading day.
What are the primary business themes or industries for American Resources Corp?
American Resources Corp belongs to Energy industry and the sector is Energy
What is American Resources Corp market cap?
American Resources Corp's current market cap is $245.4M
Is American Resources Corp a buy, sell, or hold?
According to wall street analysts, 3 analysts have made analyst ratings for American Resources Corp, including 2 strong buy, 4 buy, 1 hold, 0 sell, and 2 strong sell