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American Resources Corporation

AREC

NASDAQEnergyCoal

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Previous close

$2.68

+$0.11 · +4.28%

Aug 21, 4:00 PM ET

AREC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

56

Fair Value

Momentum

17

Strong Down

Sentiment

52

Mixed

Risk resilience

30

High Risk

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Company profile

Company website

American Resources Corporation focuses on the entire supply chain for metallurgical coal, from its initial extraction and refinement to its transportation, distribution, and final sale, primarily serving the steel manufacturing sector. The company also supplies other essential raw materials and offers specialized coal for pulverized coal injection (PCI) applications. Its operational footprint includes facilities in Kentucky's Pike, Knott, and Letcher Counties, as well as Wyoming County, West Virginia. Established in 2006, American Resources Corporation is based in Fishers, Indiana.

Industry
Coal
Sector
Energy
Headquarters
US
CEO
Mark C. Jensen
Listed since
Jun 30, 2017
Employees
7

Market position

Day range

Current $2.68

52-week range

Current $2.68

Open
$2.62
Previous close
$2.57
Volume
1.76M
0.59× average
Average volume
2.97M
Average daily volume
Market cap
286.68M USD
Beta
1.16
Market reference 1
50-day average
$2.115
+26.71% above average
200-day average
$2.6386
+1.57% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
192.82M USD
P/E (TTM)
4.29×
P/B (TTM)
2.47×
P/S (TTM)
-286,683,009×
EV / EBITDA
-12.09×
Earnings yield
25.60%
Free cash flow yield
-8.23%
Dividend yield
1.60%

Profitability & efficiency

Gross margin
158148400.00%
Operating margin
1071483400.00%
Net margin
-5730612200.00%
Return on equity
58.47%
Return on assets
32.81%
Return on invested capital
-9.97%

Financial health

Debt / equity
0.09×
Current ratio
2.19×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends1086%-3115%-7315%-11516%Gross margin, FY2021: -8.25%Gross margin, FY2022: 35.47%Gross margin, FY2023: 9.46%Gross margin, FY2024: -568.65%Operating margin, FY2021: -363.92%Operating margin, FY2022: -49.37%Operating margin, FY2023: -274.85%Operating margin, FY2024: -8634.17%Net margin, FY2021: -419.12%Net margin, FY2022: -3.66%Net margin, FY2023: -291.12%Net margin, FY2024: -10465.91%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -8.25%. Gross margin FY2022 35.47%. Gross margin FY2023 9.46%. Gross margin FY2024 -568.65%. Operating margin FY2021 -363.92%. Operating margin FY2022 -49.37%. Operating margin FY2023 -274.85%. Operating margin FY2024 -8634.17%. Net margin FY2021 -419.12%. Net margin FY2022 -3.66%. Net margin FY2023 -291.12%. Net margin FY2024 -10465.91%.

Income trends

Revenue

383.23K USD-97.10%

Operating income

−11.31M USD+65.82%

Net income

55.41M USD+95.52M USD
Income trends across reported periods64.96M USD26.76M USD−11.45M USD−49.66M USDRevenue, FY2021: 7.76M USDRevenue, FY2022: 39.47M USDRevenue, FY2023: 13.23M USDRevenue, FY2024: 383.23K USDOperating income, FY2021: −28.22M USDOperating income, FY2022: −19.49M USDOperating income, FY2023: −36.38M USDOperating income, FY2024: −33.09M USDOperating income, FY2025: −11.31M USDNet income, FY2021: −32.5M USDNet income, FY2022: −1.45M USDNet income, FY2023: −38.53M USDNet income, FY2024: −40.11M USDNet income, FY2025: 55.41M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 7.76M USD. Revenue FY2022 39.47M USD. Revenue FY2023 13.23M USD. Revenue FY2024 383.23K USD. Operating income FY2021 −28.22M USD. Operating income FY2022 −19.49M USD. Operating income FY2023 −36.38M USD. Operating income FY2024 −33.09M USD. Operating income FY2025 −11.31M USD. Net income FY2021 −32.5M USD. Net income FY2022 −1.45M USD. Net income FY2023 −38.53M USD. Net income FY2024 −40.11M USD. Net income FY2025 55.41M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue—383.23K USD13.23M USD39.47M USD7.76M USD
Cost of goods sold2.56K USD2.56M USD11.98M USD25.47M USD8.4M USD
Gross profit−2.56K USD−2.18M USD1.25M USD14M USD−639.8K USD
Research and development107.51K USD—11.31M USD28.13M USD18.1M USD
Selling, general, and administrative9.56M USD23.65M USD12.21M USD5.12M USD23.26M USD
Operating expenses11.31M USD30.91M USD37.63M USD33.49M USD27.58M USD
Interest income577.53K USD1.1M USD30.23K USD30.98K USD230.53K USD
Interest expense1.76M USD8.02M USD1.99M USD1.43M USD4.17M USD
Depreciation and amortization122.92K USD5.1M USD3.55M USD3.53M USD4.32M USD
Operating income−11.31M USD−33.09M USD−36.38M USD−19.49M USD−28.22M USD
Net income55.41M USD−40.11M USD−38.53M USD−1.45M USD−32.5M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
0.63
FY2025
Latest fiscal-year revenue
0 USD
FY2025 · -100.00% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.750.26-0.22-0.71FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend43.42M27.63M11.84M-3.95MFY21FY22FY23FY24FY25

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

7 ratings
Strong buy00%
Buy686%
Hold114%
Sell00%
Strong sell00%

AREC news

https://thefly.com

American Resources Corp options imply 5.7% move in share price post-earnings

Pre-earnings options volume in American Resources Corp is 1.1x normal with puts leading calls 6:5. Implied volatility suggests the market is anticipating a move near 5.7%, or 15c, after results are released. Median move…

Read source
zacks.com

AREC Secures Air Permit for Four Production Lines at Marion Supersite

American Resources clears a key regulatory hurdle for its Marion Supersite, paving the way for four Phase I lines targeting multiple critical minerals.

Read source
proactiveinvestors.com

American Resources' ReElement wins air permit for Indiana rare earths plant

American Resources Corp (NASDAQ:AREC) said its minority holding ReElement Technologies Corporation has received a Minor Source air permit covering all planned production lines at its Marion, Indiana Supersite. The permit…

Read source
accessnewswire.com

ReElement Technologies Receives Air Permits for Marion, Indiana Rare Earth and Critical Mineral Refinery

Milestone Completes the Air Permitting Required for All Four Phase I Production Lines and Advances the Marion Supersite Toward Multi-Element Commercial Operations Germanium and Heavy Rare Earths (Y, Gd, Sm, Dy, Tb) Make…

Read source
proactiveinvestors.com

Wall Street to mark time ahead of producer prices print

US stock futures were barely moving on Thursday morning, with contracts on the Dow Jones Industrial Average, S&P 500 and Nasdaq-100 all sitting just above...

Read source
proactiveinvestors.com

American Resources' ReElement CTO named recipient of Purdue Engineering 38 by 38 Award

American Resources Corp (NASDAQ:AREC) announced that the chief technology officer of its minority-held ReElement Technologies, Dr. Yi Ding, has been named a recipient of the 2026 Purdue Engineering 38 by 38 Award.

Read source

Corporate actions

Corporate action history

Dividend

Ex-dividend Aug 14, 2026

$0.043

Irregular

Record Aug 15, 2026 · Payment Aug 25, 2026

ETFs holding AREC

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
5.78M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
5.72M
Weight
0.01%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
2.06M
Weight
0.01%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
1.64M
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
888.92K
Weight
0.00%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
Avantis U.S. Small Cap Value ETF logoAvantis U.S. Small Cap Value ETFAVUV
Market value
831.59K
Weight
—
AUM
31.27B USD
Expense ratio
0.25%
Price / 1D
$126.45+0.66%
iShares Micro-Cap ETF logoiShares Micro-Cap ETFIWC
Market value
792.91K
Weight
0.05%
AUM
1.53B USD
Expense ratio
0.60%
Price / 1D
$198.39+1.10%
Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF logoGoldman Sachs ActiveBeta U.S. Small Cap Equity ETFGSSC
Market value
243.2K
Weight
0.02%
AUM
1.08B USD
Expense ratio
0.20%
Price / 1D
$91.32+0.82%

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