American Resources Corp
AREC
$1.39
Closing
▲2.21%
1D
▼-6.71%
YTD
Market cap
$110.06M
52 week high
$2.15
52 week low
$1.04
Volume
29,716
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Market cap
$110.06M
Analysts' Rating
BUY
Price Target (Mean)
4.125
Total Analysts
1
P/E
11.36
Operating Margin
18.74%
Beta
0.43
Revenue Growth (Annual)
409.00%
52 week high
$2.15
52 week low
$1.04
Div. Yield
%
EPS Annual Growth
-600.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
American Resources Corporation is a supplier of high raw materials to the new infrastructure market. The Company 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. It 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 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.
