American Resources CorpAREC
AREC
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 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,267% more call options, than puts
Call options by funds: $82K | Put options by funds: $6K
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
22% more capital invested
Capital invested by funds: $4.35M [Q2] → $5.29M (+$939K) [Q3]
13% more funds holding
Funds holding: 24 [Q2] → 27 (+3) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
0.01% less ownership
Funds ownership: 7.52% [Q2] → 7.51% (-0.01%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$4
274%
upside
Avg. target
$4
274%
upside
High target
$4
274%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
D. Boral Capital Jesse Sobelson 75% 1-year accuracy 12 / 16 met price target | 274%upside $4 | Buy Maintained | 21 Nov 2024 |
Roth MKM Mike Niehuser 40% 1-year accuracy 8 / 20 met price target | 274%upside $4 | Buy Maintained | 30 Sept 2024 |
Financial journalist opinion
Based on 4 articles about AREC published over the past 30 days
Neutral
Accesswire
1 day ago
American Resources Corporation Announces Record Date for Distribution of the Remaining Majority of American Infrastructure Corporation Shares
American Infrastructure Corporation is set to complete the process of becoming a standalone entity, focusing on being a diversified supplier of infrastructure raw materials FISHERS, IN / ACCESSWIRE / December 20, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") announced today that it will complete the spin-off of its subsidiary, American Infrastructure Corporation (or "AIC"), through a distribution of nearly all remaining shares of AIC currently owned by AREC. The Company previously announced its intent to spin-off AIC via a special dividend of shares ("Special Dividend").
Neutral
Accesswire
1 week ago
American Resources Corporation's ReElement Technologies to Participate in a Live Virtual Investor "What This Means" Webcast
Live moderated video webcast on Monday, December 16th at 4:00 PM ET to provide an update on economic viability of rare earth element production from carbon mine waste Access the live webcast here FISHERS, IN / ACCESSWIRE / December 13, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") announced today that its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity for rare earth and critical battery elements, will participate in a live Virtual Investor "What This Means" webcast on Monday, December 16, 2024, at 4:00 PM ET. As part of the webcast, Mark Jensen, CEO of ReElement, will provide an update on economic viability of rare earth element production from carbon mine waste.
Neutral
Accesswire
1 week ago
American Resources Corporation Provides Update on Economic Viability of Rare Earth Element Production from Carbon Mine Waste
ReElement Technologies has demonstrated technical and economic viability of producing rare earth elements from controlled carbon waste streams ReElement's proprietary refining process, combined with an abundance of controlled feedstock, provides a breakthrough in producing rare-earth elements from mine waste with planned local processing capabilities at its Kentucky Lithium facility FISHERS, IN / ACCESSWIRE / December 12, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") announced today that its wholly-owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining solutions for rare earth and critical battery elements, has successfully demonstrated the techno-economic viability of producing rare earth elements from the Company's controlled carbon mine waste streams. Updated analyses of the carbon waste-based deposits at its Wyoming County Coal project, located in southwest West Virginia, consistently show mixed rare earth oxide (MREO) concentrations at or above 500 ppm.
Neutral
Accesswire
1 week ago
American Resources Corporation's American Metals LLC Converts to C Corp and Changes Name To Electrified Materials Corporation
De-SPAC merger with AI Transportation Acquisition Corp has been terminated with Electrified Materials Corporation and is now preparing to go public via a Form 10 filing AI Transportation and its representatives have demonstrated a disregard for U.S. corporate and contractual laws and an unwillingness to fulfill their obligations under the executed business combination agreement NEW YORK, NY and FISHERS, IN / ACCESSWIRE / December 11, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources") wholly-owned subsidiary, Electrified Materials Corporation (Formerly American Metals LLC) ("EMC") announced today that it is no longer merging with AI Transportation Acquisition Corp, and will seek a direct listing of its securities in a spinoff from American Resources through a Form 10 filing with the U.S. Securities and Exchange Commission (SEC). Mark Jensen, Chairman and CEO of American Resources Corporation said, "We continue to take decisive actions to protect our shareholders while prioritizing value creation and risk mitigation.
Neutral
Accesswire
1 month ago
American Resources Corporation's ReElement Technologies and POSCO International Come Together to Develop a Sustainable Rare Earth Element and Magnet Supply Chain
Companies enter into a Memorandum of Understanding (MOU) to develop a commercial partnership for rare earth element refining, recycling and offtake ReElement will utilize its proprietary technology for rare-earth magnet recycling and ore purification to produce magnet-grade rare earth oxides to power POSCO's magnet manufacturing FISHERS, IN / ACCESSWIRE / November 21, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") announced today that its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity for rare earth and critical battery elements, has signed a Memorandum of Understanding (MOU) with POSCO International ("POSCO"). This collaboration will integrate ReElement's efficient magnet recycling and rare earth ore refining processes into POSCO's global rare earth magnet manufacturing network.
Neutral
Seeking Alpha
1 month ago
American Resources Corporation (AREC) Q3 2024 Earnings Call Transcript
American Resources Corporation (NASDAQ:AREC ) Q3 2023 Results Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Mark LaVerghetta - Vice President of Corporate Finance and Communications Mark Jensen - Chairman and Chief Executive Officer Tom Sauve - President Conference Call Participants Kyle Gallagher - Merrill Lynch Steve Segal - KBB Asset Management Michael Samuels - Berthel Fisher & Company Financial Services Mark Stone - Private Investor Steve Martin - Private Investor Operator Greetings. And welcome to the American Resources Corporation Third Quarter 2024 Conference Call.
Negative
Zacks Investment Research
1 month ago
American Resources Corporation (AREC) Reports Q3 Loss, Tops Revenue Estimates
American Resources Corporation (AREC) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to earnings of $0.05 per share a year ago.
Neutral
Accesswire
1 month ago
November, 2024 Letter to Shareholders
Building The Only Rare Earth and Critical Mineral Refining Platform From the Depths of a Metallurgical Carbon Business - A True Energy Transformation Play FISHERS, IN / ACCESSWIRE / November 14, 2024 / American Resources Corporation (NASDAQ:AREC) To our shareholders: First, I want to extend my heartfelt thanks to all our shareholders. Recently, I reconnected with a mentor, friend, and someone I consider family - a person of great wisdom who has overcome immense challenges and always emerged stronger.
Neutral
Accesswire
1 month ago
American Resources Corporation Reports Third Quarter 2024 Financial Results and Provides Business Outlook
The first domestic, commercial producer of separated and high-purity REEs from ores and recycled permanent magnets and high-purity battery elements from ores, concentrated brines and recycled feedstocks Company's patented chromatographic separation and purification process leading the world in efficient, environmentally-safe critical mineral refining Company is rapidly adding strategic partners to synthesize a robust critical mineral supply chain Company continues execution on subsidiary spin-offs; announces record date for ReElement spin-off Company to host update conference call today at 4:30 PM ET FISHERS, IN / ACCESSWIRE / November 14, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the modern infrastructure and electrification sectors, today announced financial results for the third quarter of 2024. The Company will host a conference call and webcast, today, November 14, 2024, at 4:30 PM ET (details below).
Neutral
Accesswire
1 month ago
American Resources Corporation Sets Record Date of December 31, 2024 for Special Dividend and Closes Initial Investments of Private Funding for ReElement Technologies Corporation
ReElement Technologies closes initial investments of its private investment round into ReElement from group of investors including members of management American Resources is distributing 1 share of ReElement Technologies for every 3 shares of American Resources Corporation as of the Record Date FISHERS, IN / ACCESSWIRE / November 14, 2024 / FISHERS, IN / ACCESSWIRE / November 14, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the modern infrastructure and electrification sectors, today announced a special dividend of shares in its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement") ("Special Dividend"). The Special Dividend will be distributed on or about February 15, 2025 to shareholders of record as of December 31, 2024 ("Record Date").
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