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AREC – American Resources Corp


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Recommendation Rating







1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 4.75

Low: 4.5

High: 5

Total Analysts: 1

Company Profile

American Resources Corporation is a supplier of quality raw materials to the infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia. It has seven coal mining and processing operating subsidiaries: McCoy Elkhorn Coal LLC (McCoy Elkhorn), Knott County Coal LLC, Deane Mining, LLC (Deane Mining), Wyoming County Coal LLC, Quest Processing LLC (Quest Processing), Perry County Resources and ERC Mining Indiana Corporation (ERC). McCoy Elkhorn mines and sells metallurgical carbon. Deane Mining produces and sells pulverized coal injection products to the steel industry. Quest Processing manages the assets, operations, and personnel of the certain coal processing and transportation facilities.

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