View ValuationAmerican Resources 将来の成長Future 基準チェック /56American Resourcesは、52.9%と54.9%でそれぞれ年率52.9%で利益と収益が成長すると予測される一方、EPSはgrowで53.4%年率。主要情報52.9%収益成長率53.41%EPS成長率Oil and Gas 収益成長11.3%収益成長率54.9%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日17 Apr 2026今後の成長に関する最新情報Breakeven Date Change • Mar 27Forecast breakeven date pushed back to 2028The 3 analysts covering American Resources previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of US$94.4m in 2028. Average annual earnings growth of 53% is required to achieve expected profit on schedule.Breakeven Date Change • Nov 26No longer forecast to breakevenThe 3 analysts covering American Resources no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$13.4m in 2027. New consensus forecast suggests the company will make a loss of US$566.7k in 2027.Major Estimate Revision • Nov 21Consensus revenue estimates increase by 38%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$70.0k to US$100.0k. Forecast losses expected to reduce from -US$0.393 to -US$0.343 per share. Oil and Gas industry in the US expected to see average net income growth of 25% next year. Consensus price target of US$6.67 unchanged from last update. Share price fell 11% to US$2.68 over the past week.Breakeven Date Change • Nov 20No longer forecast to breakevenThe 2 analysts covering American Resources no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$6.85m in 2027. New consensus forecast suggests the company will make a loss of US$17.3m in 2027.Breakeven Date Change • Nov 14Forecast to breakeven in 2027The 2 analysts covering American Resources expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 25% per year to 2026. The company is expected to make a profit of US$13.4m in 2027. Average annual earnings growth of 70% is required to achieve expected profit on schedule.Price Target Changed • Oct 20Price target increased by 10% to US$5.50Up from US$5.00, the current price target is an average from 2 analysts. New target price is 38% above last closing price of US$4.00. The company is forecast to post a net loss per share of US$0.38 next year compared to a net loss per share of US$0.52 last year.すべての更新を表示Recent updatesお知らせ • May 16American Resources Corporation announced delayed 10-Q filingOn 05/15/2026, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • May 01American Resources Corporation Receives Notice of Non-Compliance from NasdaqOn April 24, 2026, American Resources Corporation (the Company) received a letter from The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the Company's failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the Form 10-K). The notification has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Capital Market. In accordance with Nasdaq's Listing Rules, the Company has 60 calendar days to submit a plan to regain compliance. If Nasdaq accepts the Company's plan, Nasdaq may grant the Company an exception of up to 180 calendar days from the original due date of the Form 10-K to regain compliance. The Company is actively working with its independent registered public accounting firm to complete the Form 10-K, to reflect the deconsolidation of certain operations and a streamlined business structure, and intends to file it as soon as practicable within the applicable compliance period.お知らせ • Apr 01American Resources Corporation announced delayed annual 10-K filingOn 03/31/2026, American Resources Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.Breakeven Date Change • Mar 27Forecast breakeven date pushed back to 2028The 3 analysts covering American Resources previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of US$94.4m in 2028. Average annual earnings growth of 53% is required to achieve expected profit on schedule.お知らせ • Mar 09American Resources Corporation, Annual General Meeting, Apr 15, 2026American Resources Corporation, Annual General Meeting, Apr 15, 2026. Location: 12115 visionary way, suite 174, in 46038., fishers United Statesお知らせ • Jan 19American Resources Corporation Receives Notice of Nasdaq Noncompliance Due to Delayed Annual Meeting of ShareholdersOn January 13, 2026, American Resources Corporation (AREC" or the Company") received a letter from Nasdaq Regulation (Nasdaq") notifying the Company that it was not in compliance with Nasdaq Listing Rule 5620(a), which requires listed companies to hold an annual meeting of shareholders within twelve months of the end of their fiscal year. The Company did not hold an annual meeting of shareholders within twelve months of its fiscal year ended December 31, 2024. The notice of noncompliance has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Capital Market. Pursuant to the Nasdaq Listing Rules, the Company has 45 calendar days, or until February 27, 2026, to submit a plan to regain compliance, which must include the scheduling and timing of its annual meeting of shareholders. If Nasdaq accepts the Company's plan, Nasdaq may grant an exception of up to 180 calendar days from the Company's fiscal year end of December 31, 2025, or until June 29, 2026, for the Company to regain compliance. The delay in convening the annual meeting was administrative in nature and was not the result of any disagreement among shareholders or the Board of Directors. The Company has submitted, or intends to submit, its plan to Nasdaq and has commenced the process to convene its annual meeting of shareholders. The Company is committed to executing its compliance plan in accordance with Nasdaq Listing Rule 5810(c)(2)(G) and expects to hold its annual meeting within the timeframe permitted under any exception granted by Nasdaq. The Company does not anticipate any difficulty in satisfying the requirements of its compliance plan and expects to regain full compliance with Nasdaq Listing Rule 5620(a) following the annual meeting.分析記事 • Dec 24Is American Resources Corporation (NASDAQ:AREC) Trading At A 41% Discount?Key Insights American Resources' estimated fair value is US$4.44 based on 2 Stage Free Cash Flow to Equity American...Breakeven Date Change • Nov 26No longer forecast to breakevenThe 3 analysts covering American Resources no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$13.4m in 2027. New consensus forecast suggests the company will make a loss of US$566.7k in 2027.New Risk • Nov 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Negative equity (-US$95m). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (US$145k revenue).Major Estimate Revision • Nov 21Consensus revenue estimates increase by 38%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$70.0k to US$100.0k. Forecast losses expected to reduce from -US$0.393 to -US$0.343 per share. Oil and Gas industry in the US expected to see average net income growth of 25% next year. Consensus price target of US$6.67 unchanged from last update. Share price fell 11% to US$2.68 over the past week.Breakeven Date Change • Nov 20No longer forecast to breakevenThe 2 analysts covering American Resources no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$6.85m in 2027. New consensus forecast suggests the company will make a loss of US$17.3m in 2027.Reported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: US$0.075 loss per share (improved from US$0.12 loss in 3Q 2024). Net loss: US$6.30m (loss narrowed 32% from 3Q 2024). Revenue exceeded analyst estimates. Earnings per share (EPS) also surpassed analyst estimates by 34%. Revenue is forecast to grow 74% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.Breakeven Date Change • Nov 14Forecast to breakeven in 2027The 2 analysts covering American Resources expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 25% per year to 2026. The company is expected to make a profit of US$13.4m in 2027. Average annual earnings growth of 70% is required to achieve expected profit on schedule.お知らせ • Oct 23+ 1 more updateAmerican Resources Corporation announced that it has received $33.654 million in fundingOn October 23, 2025, American Resources Corporation closed the transaction. The transaction included participation from 2 investors.Price Target Changed • Oct 20Price target increased by 10% to US$5.50Up from US$5.00, the current price target is an average from 2 analysts. New target price is 38% above last closing price of US$4.00. The company is forecast to post a net loss per share of US$0.38 next year compared to a net loss per share of US$0.52 last year.お知らせ • Oct 17American Resources Corporation announced that it expects to receive $39.999485 million in fundingAmerican Resources Corporation announced that it has entered into securities purchase agreements pursuant to which the Company agreed to sell and issue to the Purchasers in a private placement offering an aggregate of 2,661,764 common shares at a par value of $0.0001 per share at an issue price of $5.10 per Share for gross proceeds of $13,574,996.4 and 5,181,374 pre-funded warrants to purchase up to 5,181,374 shares of Common Stock at an exercise price equal to $0.0001 per share at an issue price of $5.0999 per warrant for gross proceeds of $26,424,489.2626 raising total aggregate gross proceeds of $39,999,485.6626 on October 15, 2025. The Shares, Pre-Funded Warrants and the Pre-Funded Warrant Shares are being offered in reliance upon the exemption from the registration requirement of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) thereof and/or Rule 506(b) of Regulation D promulgated thereunder, and applicable state securities laws. The issuance of the Shares, the Pre-Funded Warrants and the Pre-Funded Warrant Shares have not been registered under the Securities Act and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act and any applicable state securities laws. The Offering is anticipated to close on or about October 16, 2025. he Company agreed to pay Maxim upon closing a cash fee (the “Cash Fee”) equal to 7.0% of the aggregate gross proceeds received in the Offering. The Company also agreed to reimburse Maxim at the closing of the Offering, for expenses incurred, including disbursements of its legal counsel, up to $100,000. In connection with the Offering, the Company’s directors and executive officers have entered into lock-up agreements for a period of sixty (60) days after the closing of the Offering, subject to limited exceptions.お知らせ • Oct 15American Resources Corporation has filed a Follow-on Equity Offering in the amount of $40.000004 million.American Resources Corporation has filed a Follow-on Equity Offering in the amount of $40.000004 million. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 7,843,138 Price\Range: $5.1 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Securities Offered: 7,843,138 Transaction Features: Registered Direct Offeringお知らせ • Oct 14American Resources Corporation announced that it expects to receive $33.654 million in fundingAmerican Resources Corporation announced a private placement to issue 9,480,000 Class A Common Shares par value $0.0001 per share at a price of $3.55 per share for aggregate gross proceeds of $33,655,001 on October 13, 2025. Maxim Group LLC acted as the sole placement agent in connection with the Offering. The Company also entered into a Placement Agency Agreement with Maxim dated October 13, 2025, pursuant to which Maxim agreed to serve as the exclusive placement agent for the Company in connection with the Offering. The Company agreed to pay Maxim upon closing a cash fee (the “Cash Fee”) equal to 7.0% of the aggregate gross proceeds received in the Offering. The Company also agreed to reimburse Maxim at the closing of the Offering, for expenses incurred, including disbursements of its legal counsel, up to $100,000. In connection with the Offering, the Company’s directors and executive officers have entered into lock-up agreements for a period of sixty (60) days after the closing of the Offering, subject to limited exceptions. Without the prior written consent of the purchasers and Maxim, from the date of execution of the Securities Purchase Agreement until sixty (60) days after the closing of the Offering, neither the Company nor any subsidiary shall (i) issue, enter into any agreement to issue or announce the issuance or proposed issuance of any Common Stock, Common Stock Equivalents, other than an Exempt Issuance (as defined therein) or (ii) file any registration statement or any amendment or supplement thereto, subject to certain exceptions. The transaction will include participation from certain Institutional Investors and is expected to close on or about October 14, 2025.お知らせ • Aug 15American Resources Corporation announced delayed 10-Q filingOn 08/14/2025, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Jul 03American Resources Corporation, Annual General Meeting, Aug 29, 2025American Resources Corporation, Annual General Meeting, Aug 29, 2025. Location: 12115 visionary way, suite 174, in 46038., fishers United Statesお知らせ • May 31American Resources Receives a Letter from the Nasdaq Stock MarketOn May 29, 2025, American Resources Corporation received a letter from the Nasdaq Stock Market indicating that the company’s Form 10-Q for the fiscal year ended March 31, 2025 has not been timely filed according to Nasdaq’s Listing Rules. The notification of noncompliance has no immediate effect on the listing or trading of the Company’s stock on the Nasdaq Capital Market. Under the Listing Rules, the Company has 60 days to file a plan to file its 10-K and then 180 days post acceptance of the plan to file at which point the Company will regain compliance with the listing requirements and the common stock will continue to be eligible for listing on the Nasdaq Capital Market. The Company filed the required 10-Q on May 28 and was in compliance with Nasdaq Continued Listing Standards at the time of the issuance of the notification.お知らせ • May 16American Resources Corporation announced delayed 10-Q filingOn 05/15/2025, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • May 02American Resources Corporation Receives Non Compliance Notification from NasdaqOn April 24, 2025, American Resources Corporation (or the Company") received a letter from the Nasdaq Stock Market indicating that the company's Form 10-K for the fiscal year ended December 31, 2024 has not been timely filed according to Nasdaq's Listing Rules. The notification of noncompliance has no immediate effect on the listing or trading of the Company's stock on the Nasdaq Capital Market. Under the Listing Rules, the Company has 60 days to file a plan to file its 10-K and then 180 days post acceptance of the plan to file at which point the Company will regain compliance with the listing requirements and the common stock will continue to be eligible for listing on the Nasdaq Capital Market. The Company continues to work with its Independent Audit Firm and plans to file the required 10-K eminently. Additionally, the upcoming required March 31, 2025 Form 10Q will be filed expeditiously.お知らせ • Apr 01American Resources Corporation announced delayed annual 10-K filingOn 03/31/2025, American Resources Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.New Risk • Mar 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$15m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$53m). Revenue is less than US$1m (US$400k revenue). Minor Risk Market cap is less than US$100m (US$38.7m market cap).お知らせ • Feb 27American Resources Corporation Receives Non-Compliance Letter from Nasdaq Regarding Minimum Bid Price RequirementOn February 19, 2025, American Resources Corporation (or the Company") received a letter from the Nasdaq Stock Market indicating that for 30 consecutive business days the Company's stock has not maintained a minimum closing bid price of $1.00 per share (Minimum Bid Price Requirement") as required by Nasdaq Listing Rule 5550(a)(2). The notification of noncompliance has no immediate effect on the listing or trading of the Company's stock on the Nasdaq Capital Market. Under the Listing Rules, if during the 180 calendar days following the date of the notification, or prior to August 18, 2025, the closing bid price of the Company's stock is at or above $1.00 for a minimum of 10 consecutive business days, the Company will regain compliance with the Minimum Bid Price Requirement and the common stock will continue to be eligible for listing on the Nasdaq Capital Market. If the Company does not achieve compliance with the Minimum Bid Price Requirement by August 18, 2025, the Company may be eligible for an additional 180 day period to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, by providing a written notice of its intention to cure the deficiency during the second compliance period. If the Company meets these requirements, an additional 180 days will be granted. If the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide a notice that the Company's common stock will be subject to delisting.Price Target Changed • Feb 14Price target decreased by 11% to US$4.00Down from US$4.50, the current price target is an average from 2 analysts. New target price is 545% above last closing price of US$0.62. The company is forecast to post a net loss per share of US$0.41 next year compared to a net loss per share of US$0.15 last year.お知らせ • Nov 15American Resources Corporation announced delayed 10-Q filingOn 11/14/2024, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.Price Target Changed • Nov 14Price target decreased by 11% to US$4.00Down from US$4.50, the current price target is an average from 2 analysts. New target price is 285% above last closing price of US$1.04. The company is forecast to post a net loss per share of US$0.36 next year compared to a net loss per share of US$0.15 last year.お知らせ • Nov 08American Resources Corporation to Report Q3, 2024 Results on Nov 14, 2024American Resources Corporation announced that they will report Q3, 2024 results on Nov 14, 2024お知らせ • Aug 15American Resources Corporation announced delayed 10-Q filingOn 08/14/2024, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.Breakeven Date Change • Aug 15Forecast to breakeven in 2025The 2 analysts covering American Resources expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$17.9m in 2025. Average annual earnings growth of 99% is required to achieve expected profit on schedule.お知らせ • Aug 08American Resources Corporation to Report Q2, 2024 Results on Aug 14, 2024American Resources Corporation announced that they will report Q2, 2024 results on Aug 14, 2024お知らせ • Jun 08American Resources Corporation, Annual General Meeting, Jul 16, 2024American Resources Corporation, Annual General Meeting, Jul 16, 2024.お知らせ • May 19American Resources Corporation to Report Q1, 2024 Results on May 21, 2024American Resources Corporation announced that they will report Q1, 2024 results on May 21, 2024お知らせ • May 17American Resources Corporation announced delayed 10-Q filingOn 05/15/2024, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Apr 03American Resources Corporation Provides Updated Rare Earth Analysis from West Virginia ProjectAmerican Resources Corporation announced updated results of its rare earth deposits at its Wyoming County Coal project in West Virginia with over 550 ppm as verified from an independent third-party laboratory. The ongoing project development is being funded by the Company's previously announced $45 million tax exempt bond. Rare earth and critical minerals are used in the electric drive train (magnets and batteries) of e-mobility as well as other electronics and military applications all throughout the world. American Carbon has an agreement in place with ReElement Technologies to refine concentrated rare earth materials from unconventional coal-based resources into ultra-pure products. Over 90% of the world's rare earth elements are refined in China to date and ReElement's mission is to continually grow its footprint to provide an alternative to the world in how rare earth and critical minerals are refined.お知らせ • Apr 02American Resources Corporation announced delayed annual 10-K filingOn 04/01/2024, American Resources Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.Reported Earnings • Apr 01Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$0.15 loss per share (further deteriorated from US$0.022 loss in FY 2022). Revenue: US$16.7m (down 58% from FY 2022). Net loss: US$11.2m (loss widened US$9.76m from FY 2022). Revenue missed analyst estimates by 29%. Earnings per share (EPS) also missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$1.48, the stock trades at a trailing P/E ratio of 13.8x. Average forward P/E is 11x in the Oil and Gas industry in the US. Total loss to shareholders of 62% over the past three years.お知らせ • Mar 21American Resources Corporation to Report Q4, 2023 Results on Mar 28, 2024American Resources Corporation announced that they will report Q4, 2023 results on Mar 28, 2024Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$1.59, the stock trades at a trailing P/E ratio of 14.8x. Average forward P/E is 10x in the Oil and Gas industry in the US. Total loss to shareholders of 60% over the past three years.Seeking Alpha • Feb 14American Resources Is Misunderstood And Has An Enormous UpsideSummary American Resources Corporation is a coal company with multiple mining complexes, primarily focused on metallurgical coal. AREC has acquired mining rights to several large areas, with potential deals that could significantly increase shareholder value. AREC also has a promising processing business that could disrupt China's dominance in rare earth metals and strategically important minerals markets. Read the full article on Seeking Alpha分析記事 • Feb 06Would American Resources (NASDAQ:AREC) Be Better Off With Less Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Major Estimate Revision • Dec 20Consensus revenue estimates decrease by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$28.6m to US$23.8m. EPS estimate unchanged from -US$0.04 per share at last update. Oil and Gas industry in the US expected to see average net income growth of 5.1% next year. Consensus price target of US$4.13 unchanged from last update. Share price fell 2.8% to US$1.41 over the past week.New Risk • Dec 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 143% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 143% per year for the foreseeable future. Minor Risks High level of debt (278% net debt to equity). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (14% increase in shares outstanding).Reported Earnings • Nov 17Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: US$0.046 (up from US$0.079 loss in 3Q 2022). Revenue: US$5.83m (down 39% from 3Q 2022). Net income: US$3.48m (up US$8.71m from 3Q 2022). Profit margin: 60% (up from net loss in 3Q 2022). Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.New Risk • Nov 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$96.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (US$96.2m market cap).お知らせ • Nov 09American Resources Corporation to Report Q3, 2023 Results on Nov 14, 2023American Resources Corporation announced that they will report Q3, 2023 results on Nov 14, 2023分析記事 • Sep 27Does American Resources (NASDAQ:AREC) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Sep 07American Resources Corporation Appoints Josh Hawes as Independent DirectorAmerican Resources Corporation announced that its Board of Directors has appointed Josh Hawes as an independent director. Mr. Hawes brings over 20 years of experience in the areas of capital market construction, organizational and product strategy and driving shareholder returns. Mr. Hawes will replace Michael Layman as an independent director of the board of directors as well as a member of the Board's Audit Committee effective immediately. Mr. Layman will continue to advise the Company as a member of its Advisory Board. Mr. Hawes most recently served as Chief Strategy Officer of USA Rare Earth from 2021 to 2023 and Chief of Staff from 2020 and 2021 where he oversaw an exceptional ten-fold increase in the company's value and spearheaded the creation of the Magnet Manufacturing Tax Credit, while leading their magnet manufacturing transition team in Stillwater, Oklahoma. Furthermore, Mr. Hawes built the first ex-China, North American magnet supply chain network through strategic partnerships and collaboration, allowing for the future capture of hundreds of millions in revenue. Mr. Hawes has over 15-years of leadership experience with specific focus on commodities, buy-side and sell-side investment sectors of the financial industry, and advanced technologies. Before his tenure at USA Rare Earth, Mr. Hawes held executive leadership roles for investment firms Delta1X and Hawking Alpha. He has led entrepreneurial capital integration for several companies by leading seamless combination of entrepreneurial spirit with Wall Street expertise to empower businesses of all sizes. Mr. Hawes' vision includes leveraging technology and global markets for corporate and shareholder growth. This approach has led to the creation of new markets and remarkable revenue growth of 200-1,000%. He has also advised gubernatorial and executive leadership in the White House and DoD, along with private sector leaders on integrated economic supply chain implications. Mr. Hawes holds several professional designations, including Chartered Market Technician, Certified Hedge Fund Professional, and Qualified Family Office Professional. Hawes holds licenses spanning commodities, investment banking, public, and private securities including Series 3, 63, 65, 7, 79, 82, and SIE. A graduate of Auburn University in Wireless Software Engineering with a minor in Business, Mr. Hawes actively supports Auburn's FMA program by speaking at the Business School. He has made media appearances, including a feature on Trend Following Radio, where he shared insights into the trading industry with a focus on risk management and a passion for mathematics. Mr. Hawes serves on the Board of an international missions organization and is a dedicated supporter of Metro Ministries in Tampa, Florida. Outside of his professional pursuits, he cherishes time spent with his wife, family, and two golden retrievers while fostering children for West Florida Foster Care Services.Reported Earnings • Aug 15Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: US$0.013 loss per share (improved from US$0.037 loss in 2Q 2022). Revenue: US$1.98m (down 88% from 2Q 2022). Net loss: US$999.9k (loss narrowed 59% from 2Q 2022). Revenue missed analyst estimates by 89%. Earnings per share (EPS) exceeded analyst estimates by 67%. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 12American Resources Corporation Names Tarlis Thompson as CEO of American Carbon’s Mining DivisionAmerican Resources Corporation announced that its Strategic Committee has approved the appointment of Tarlis Thompson as the Chief Executive Officer of its American Carbon subsidiary. Tarlis Thompson is a Kentucky born native that has spent over 23 years in the mining industry ranging from coal production, process, testing and leadership positions. Prior to his appointment as CEO he was the president in charge of overseeing all daily operations at American Carbon's Central Appalachian subsidiaries, which includes McCoy Elkhorn, Deane Mining, Wyoming County, Perry County and Knott County Coal. In this role, he manages the activities at the Company's various processing facilities and loadout, coordinates production at the Company's various mining operations, manages environmental compliance and reclamation, and is responsible for quality control and shipments to customers. Prior to joining American Resources Tarlis spent over 15 years at companies such as Massey Energy, Commercial Testing & Engineering, SGS Minerals and CAM Mining.お知らせ • Aug 08American Resources Corporation to Report Q2, 2023 Results on Aug 14, 2023American Resources Corporation announced that they will report Q2, 2023 results on Aug 14, 2023お知らせ • Jun 09American Resources Corporation, Annual General Meeting, Jul 18, 2023American Resources Corporation, Annual General Meeting, Jul 18, 2023, at 10:30 US Eastern Standard Time. Agenda: To elect the five nominees named in the proxy statement as directors to hold office until the 2023 annual meeting of shareholders; to approve bf borgers cpa pc as independent registered public accounting firm for the fiscal 2023; and to transact such other business as may properly come before the annual meeting of shareholders, or any adjournment or postponement thereof.分析記事 • Jun 08With American Resources Corporation (NASDAQ:AREC) It Looks Like You'll Get What You Pay ForWhen close to half the companies in the Oil and Gas industry in the United States have price-to-sales ratios (or "P/S...Price Target Changed • May 18Price target decreased by 8.1% to US$4.25Down from US$4.63, the current price target is an average from 2 analysts. New target price is 185% above last closing price of US$1.49. Stock is down 1.3% over the past year. The company is forecast to post a net loss per share of US$0.08 next year compared to a net loss per share of US$0.022 last year.Reported Earnings • May 17First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: US$0.043 loss per share (further deteriorated from US$0.042 loss in 1Q 2022). Revenue: US$8.87m (down 2.3% from 1Q 2022). Net loss: US$3.10m (loss widened 13% from 1Q 2022). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 33%. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • May 09American Resources Corporation to Report Q1, 2023 Results on May 15, 2023American Resources Corporation announced that they will report Q1, 2023 results on May 15, 2023Buying Opportunity • Apr 11Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be US$1.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 48% over the last 3 years. Earnings per share has grown by 83%. Revenue is forecast to grow by 85% in a year. Earnings is forecast to decline by 391% in the next year.分析記事 • Apr 03Here's Why American Resources (NASDAQ:AREC) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Apr 02Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: US$0.022 loss per share (improved from US$0.59 loss in FY 2021). Revenue: US$39.5m (up 409% from FY 2021). Net loss: US$1.45m (loss narrowed 96% from FY 2021). Revenue missed analyst estimates by 29%. Earnings per share (EPS) exceeded analyst estimates by 86%. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 06American Resources Corporation Receives Advanced Roof Control Plan Approval for Carnegie Metallurgical Carbon MinesAmerican Resources Corporation announced that it has received approval from the Mine Safety and Health Administration for an advanced roof control plan at both its Carnegie 1 and Carnegie 2 mines in Pike County, Kentucky. The new roof control plan, which was issued due to the mine conditions and excellent work performed by its operating teams, will reduce operating costs by an estimated $2.00 per ton. Carnegie 1 and Carnegie 2 mines are underground room and pillar mines that are set up in a manner that will provide significant growth over the course of the next few years. The Company will achieve such growth and efficiencies with minimal capex by optimizing the operations through methods such as adding additional mining sections, now that mining has advanced further into the seam, and through deep cut mine plans at Carnegie 2, similar to those recently announced at Carnegie 1. The Company believes that the strength in the current carbon market will be further exemplified in 2023 for metallurgical carbon for steel production as China slowly emerges from COVID-related lock downs. American Resources continues to focus on running efficient streamlined operations in being a new-aged supplier of raw materials to the infrastructure and electrification marketplace in the most sustainable of ways, while also helping the world achieve its goals of carbon neutrality. By operating with low or no legacy costs and having one of the largest and most innovative growth pipelines in the industry, American Resources Corporation works to maximize value for its investors by positioning its large asset base to best fit a new-aged economy, while being able to scale its operations to meet the growth of the markets it serves.Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: US$0.079 loss per share (improved from US$0.15 loss in 3Q 2021). Revenue: US$9.51m (up 238% from 3Q 2021). Net loss: US$5.23m (loss narrowed 41% from 3Q 2021). Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 167%. Revenue is forecast to grow 95% p.a. on average during the next 2 years, compared to a 6.7% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.Breakeven Date Change • Nov 16Forecast to breakeven in 2023The 2 analysts covering American Resources expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 74% to 2022. The company is expected to make a profit of US$25.4m in 2023. Average annual earnings growth of 171% is required to achieve expected profit on schedule.お知らせ • Nov 12Indiana Economic Development Corporation Awards Grants for American Resources CorporationAmerican Resources Corporation announced that it has been awarded a $200,000, state-level, advanced manufacturing grant from the Indiana Economic Development Corporation for its patented critical battery element purification and separation technology being commercialized in Noblesville, Indiana. The Company is in the final stages of site selection for its second facility in either Indiana or West Virginia. The Company has begun the initial planning and design of such facility which at full capacity will be capable of processing approximately 95,000 tons of critical battery materials annually (over 4,000 tons of lithium carbonate or hydroxide) and 6,000 tons of rare earth magnets annually (2,000 tons of high purity REEs) by 2025.お知らせ • Nov 09American Resources Corporation to Report Q3, 2022 Results on Nov 15, 2022American Resources Corporation announced that they will report Q3, 2022 results on Nov 15, 2022お知らせ • Aug 30American Resources Corporation (NasdaqCM:AREC) announces an Equity Buyback for $10 million worth of its shares.American Resources Corporation (NasdaqCM:AREC) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares of common stock outstanding. The program will expire on September 15, 2023.Seeking Alpha • Aug 29American Resources rallies on $10M share repurchase programAmerican Resources (NASDAQ:AREC) has announced that its Board of Directors has authorized a stock repurchase program for up to $10M of its shares of common stock outstanding. Under the Program, the Co. is authorized to repurchase shares through the open market, in privately-negotiated transactions, or otherwise in accordance with applicable federal securities laws. The share repurchase authorization will be used at management's discretion and will expire on Sept. 15, 2023. "We have the financial flexibility to continue to execute our business plans, and believe that launching this stock buyback program reflects our confidence in the prospects of the businesses and provides us an opportunity to create value for our long-term shareholders." said Kirk Taylor, CFO. AREC shares +8.45% to $3.21.Price Target Changed • Aug 17Price target increased to US$4.75Up from US$3.63, the current price target is provided by 1 analyst. New target price is 100% above last closing price of US$2.37. Stock is up 24% over the past year. The company is forecast to post earnings per share of US$0.03 next year compared to a net loss per share of US$0.59 last year.Seeking Alpha • Aug 15American Resources GAAP EPS of -$0.04 beats by $0.01, revenue of $16.2M misses by $2.8MAmerican Resources press release (NASDAQ:AREC): Q2 GAAP EPS of -$0.04 beats by $0.01. Revenue of $16.2M (+312.2% Y/Y) misses by $2.8M. Shares +3.5%.お知らせ • Aug 10American Resources Corporation to Report Q2, 2022 Results on Aug 15, 2022American Resources Corporation announced that they will report Q2, 2022 results on Aug 15, 2022お知らせ • Aug 05American Resources Corporation Announces Management Changes for ReElement Technologies LLC DivisionAmerican Resources Corporation announced that its majority-owned ReElement Technologies LLC division (ReElement) has promoted Jeff Peterson to Chief Operating Officer and expanded the ReElement team with the appointments of Dr. Yi Ding as Director of Research & Development and Chris Moorman as Chief Commercial Officer. Jeff Peterson - Chief Operating Officer: Jeff brings nearly 20 years of experience including operations, engineering, sales, and product development to ReElement Technologies LLC. He began his career as a Commissioned Officer in the United States Navy serving onboard nuclear-powered submarines. After resigning his Commission, Jeff joined Westinghouse Electric Company where he served as part of the engineering and licensing team in the design and U.S. Nuclear Regulatory Commission approved licensing of a first-of-its-kind Generation III+ pressurized water reactor for commercial electricity generation. Jeff then joined Cyient where he was rapidly promoted to sales, strategy, and product development leadership roles. He most recently worked with Hitachi Vantara as part of the North American sales team, selling digital transformation initiatives into key industrial markets. Jeff is a graduate of Purdue University and has his Master of Business Administration from the Joseph M. Katz Graduate School of Business at the University of Pittsburgh. Dr. Yi Ding - Director of Research & Development: Dr. Yi Ding received his bachelor's degree in chemical engineering from Tsinghua University in Beijing in 2016 and Ph.D. from Purdue University in 2021. Before joining ReElement, he worked as a postdoctoral research associate at Purdue University. His research focused on multi-dimensional, multi-mode chromatography for the separation and purification of critical materials including authoring and co-authoring 9 journal publications as well as serving as co-inventor for 3 provisional patent applications. Yi is also the recipient of the 2021 American Institute of Chemical Engineering Separation Division Graduate Student Research Award. Through his research and development efforts, Yi has set out to prove the clean and efficient chromatography processes for critical materials purification can provide the driving force for a sustainable and circular economy. Chris Moorman - Chief Commercial Officer: Chris Moorman brings a wide range of experience to his role as Chief Commercialization Officer. Since learning risk management as a commodity options market maker on the floor of the NYMEX, Chris has founded and exited several companies in a variety of industries from data center development to consumer package goods to artificial intelligence platform design. His experience in new market development will be critical in the formation of the domestic circular supply chain for the electrification economy. He is a graduate of Purdue University and serves on the boards of Fishing's Future, a national leader in Angler Education, and the Kurt Vonnegut Memorial Library.Seeking Alpha • Jul 19American Resources cheers significant estimated Y/Y growth in Q2 revenueAmerican Resources (NASDAQ:AREC) surges 11% in premarket after it estimates Q2 revenue to be $16.196M compared to $9.08M in Q1 and $393,210 in year ago quarter. Analysts consensus estimates for revenue stands ay $19M. "Our extensive asset base, reserves and permits put us in a unique position to capitalize in these incredibly strong markets and provide supply growth to our customer base. We feel our preliminary results for Q2 of this year showcase the beginning of a significant infliction point for our carbon business at a time that we continue to drive significant innovation in the critical and rare earth element space," CFO Kirk Taylor commented. Q2 results are scheduled for Aug.15.Seeking Alpha • Jul 01American Resources' reELEMENT secures working capital facilityAmerican Resources (NASDAQ:AREC) has announced that reELEMENT Technologies has put in place an independent working capital facility that will enable the division to expand to revenue and cash flow generation. This initial working capital facility of $2M will be used to expand the production capabilities of rare earth and battery element recycling. Its also enables reELEMENT Technologies to establish credit history and provides low cost, non-dilutive, growth capital to expand current rare earth and battery element purification facility. "We're impressed by the revolutionary technology that they're commercializing and believe our capital is a cost effective way to leverage their asset base and expand their magnet and battery recycling capacity." said Mike Dance, COO of Maxus Capital.Price Target Changed • May 24Price target decreased to US$3.63Down from US$4.50, the current price target is an average from 2 analysts. New target price is 135% above last closing price of US$1.54. Stock is down 41% over the past year. The company is forecast to post earnings per share of US$0.03 next year compared to a net loss per share of US$0.59 last year.Reported Earnings • May 18First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: US$0.042 loss per share (up from US$0.14 loss in 1Q 2021). Revenue: US$9.08m (up US$9.07m from 1Q 2021). Net loss: US$2.75m (loss narrowed 57% from 1Q 2021). Revenue missed analyst estimates by 66%. Earnings per share (EPS) also missed analyst estimates by 47%. Over the next year, revenue is forecast to grow 624%, compared to a 19% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.お知らせ • May 17American Resources Corporation, Annual General Meeting, Jun 28, 2022American Resources Corporation, Annual General Meeting, Jun 28, 2022, at 10:30 Eastern Standard Time. Agenda: to elect the five nominees named in the proxy statement as directors to hold office until the 2023 annual meeting of shareholders; to approve BF Borgers Cpa Pc as our independent registered public accounting firm for the fiscal 2022.Price Target Changed • Apr 27Price target increased to US$4.50Up from US$3.75, the current price target is provided by 1 analyst. New target price is 147% above last closing price of US$1.82. Stock is down 47% over the past year. The company is forecast to post earnings per share of US$0.18 next year compared to a net loss per share of US$0.59 last year.お知らせ • Apr 08+ 1 more updateAmerican Resources Corporation (NasdaqCM : AREC) entered into a binding letter of intent to acquire Energy Technologies Inc.American Resources Corporation (NasdaqCM : AREC) entered into a binding letter of intent to acquire Energy Technologies Inc. on April 1, 2022. Pursuant to the term sheet and closing of the transaction, American Resources will provide the following consideration for all of the outstanding shares of Energy Technologies: i) $1,500,000 cash paid at the closing of the transaction; plus ii) $250,000 cash paid three months after the closing of the transaction and another $250,000 cash paid six months after the closing; plus iii) $3,000,000 paid at the closing of the transaction in the form of class a common stock of american resources corporation at a value of $3.50 per share. The transaction is expected to close within the next 45 days upon the full execution of a stock purchase agreement between American Resources Corporation and Energy Technologies Inc.Price Target Changed • Mar 31Price target increased to US$4.50Up from US$4.00, the current price target is provided by 1 analyst. New target price is 75% above last closing price of US$2.57. Stock is down 32% over the past year. The company is forecast to post a net loss per share of US$0.01 next year compared to a net loss per share of US$0.59 last year.Reported Earnings • Mar 30Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: US$0.59 loss per share (down from US$0.35 loss in FY 2020). Revenue: US$7.76m (up US$6.70m from FY 2020). Net loss: US$32.4m (loss widened 216% from FY 2020). Revenue missed analyst estimates by 98%. Earnings per share (EPS) exceeded analyst estimates by 117%. Over the next year, revenue is forecast to grow 2,316%, compared to a 23% growth forecast for the oil industry in the US. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.分析記事 • Jan 13Is American Resources (NASDAQ:AREC) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Nov 17Third quarter 2021 earnings released: US$0.15 loss per share (vs US$0.005 profit in 3Q 2020)Third quarter 2021 results: Net loss: US$8.91m (down US$9.04m from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.分析記事 • Sep 24Is American Resources (NASDAQ:AREC) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Price Target Changed • Aug 20Price target decreased to US$3.65Down from US$6.00, the current price target is an average from 2 analysts. New target price is 99% above last closing price of US$1.83. Stock is up 42% over the past year.Reported Earnings • Aug 18Second quarter 2021 earnings released: US$0.13 loss per share (vs US$0.049 profit in 2Q 2020)Second quarter 2021 results: Net loss: US$6.65m (down US$7.96m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Jun 10American Resources Corporation has completed a Follow-on Equity Offering in the amount of $30.1 million.American Resources Corporation has completed a Follow-on Equity Offering in the amount of $30.1 million. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 8,600,000 Price\Range: $3.5 Discount Per Security: $0.245 Security Name: Warrants Security Type: Equity Warrant Securities Offered: 4,300,000 Transaction Features: Registered Direct OfferingMajor Estimate Revision • May 19Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from US$72.0m to US$61.2m. EPS estimate unchanged from -US$0.54 per share at last update. Oil and Gas industry in the US expected to see average net income growth of 37% next year. Consensus price target down from US$6.13 to US$6.00. Share price fell 5.0% to US$2.83 over the past week.Reported Earnings • May 15First quarter 2021 earnings released: US$0.14 loss per share (vs US$0.12 loss in 1Q 2020)First quarter 2021 results: Net loss: US$6.39m (loss widened 96% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Breakeven Date Change • May 15Forecast breakeven pushed back to 2022The 2 analysts covering American Resources previously expected the company to break even in 2021. New consensus forecast suggests losses will reduce by 31% to 2021. The company is expected to make a profit of US$15.1m in 2022. Average annual earnings growth of 103% is required to achieve expected profit on schedule.業績と収益の成長予測NasdaqCM:AREC - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202866294-6595212/31/202729-185922212/31/20263-26-268-21312/31/20250-29-28-1839/30/20250-21-15-13N/A6/30/20250-27-18-17N/A3/31/20250-39-18-18N/A12/31/20240-39-22-21N/A9/30/2024-5-53-24-21N/A6/30/20241-46-25-22N/A3/31/20243-42-21-17N/A12/31/202312-39-23-20N/A9/30/202321-5-2-1N/A6/30/202325-7-10N/A3/31/202339-211N/A12/31/202239-133N/A9/30/202239-21-24-24N/A6/30/202233-25-29-27N/A3/31/202217-29-31-28N/A12/31/20218-33-32-29N/A9/30/20213-30-32-29N/A6/30/20211-21-24-23N/A3/31/20211-13-22-21N/A12/31/20201-10-14-14N/A9/30/20207-42-10-10N/A6/30/20209-49-12-13N/A3/31/202018-60-13-13N/A12/31/201924-71-20-19N/A9/30/201926-36-11-11N/A6/30/201934-32N/A-8N/A3/31/201931-25N/A-8N/A12/31/201832-13N/A-3N/A9/30/201829-12N/A-9N/A6/30/201824-10N/A-8N/A3/31/201822-13N/A-7N/A12/31/201721-13N/A-6N/A9/30/201721-10N/A-3N/A6/30/201718-12N/A-4N/A3/31/201713-17N/A-5N/A12/31/20168-22N/A-6N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ARECは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 3.5% ) よりも高い成長率であると考えられます。収益対市場: AREC今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: AREC今後 3 年以内に収益を上げることが予想されます。収益対市場: ARECの収益 ( 54.9% ) US市場 ( 11.7% ) よりも速いペースで成長すると予測されています。高い収益成長: ARECの収益 ( 54.9% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ARECの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/18 08:49終値2026/05/15 00:00収益2025/09/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋American Resources Corporation 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Jason KolbertD. Boral Capital LLC.Tate SullivanMaxim GroupRichard NiehuserRoth Capital Partners1 その他のアナリストを表示
Breakeven Date Change • Mar 27Forecast breakeven date pushed back to 2028The 3 analysts covering American Resources previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of US$94.4m in 2028. Average annual earnings growth of 53% is required to achieve expected profit on schedule.
Breakeven Date Change • Nov 26No longer forecast to breakevenThe 3 analysts covering American Resources no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$13.4m in 2027. New consensus forecast suggests the company will make a loss of US$566.7k in 2027.
Major Estimate Revision • Nov 21Consensus revenue estimates increase by 38%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$70.0k to US$100.0k. Forecast losses expected to reduce from -US$0.393 to -US$0.343 per share. Oil and Gas industry in the US expected to see average net income growth of 25% next year. Consensus price target of US$6.67 unchanged from last update. Share price fell 11% to US$2.68 over the past week.
Breakeven Date Change • Nov 20No longer forecast to breakevenThe 2 analysts covering American Resources no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$6.85m in 2027. New consensus forecast suggests the company will make a loss of US$17.3m in 2027.
Breakeven Date Change • Nov 14Forecast to breakeven in 2027The 2 analysts covering American Resources expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 25% per year to 2026. The company is expected to make a profit of US$13.4m in 2027. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
Price Target Changed • Oct 20Price target increased by 10% to US$5.50Up from US$5.00, the current price target is an average from 2 analysts. New target price is 38% above last closing price of US$4.00. The company is forecast to post a net loss per share of US$0.38 next year compared to a net loss per share of US$0.52 last year.
お知らせ • May 16American Resources Corporation announced delayed 10-Q filingOn 05/15/2026, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • May 01American Resources Corporation Receives Notice of Non-Compliance from NasdaqOn April 24, 2026, American Resources Corporation (the Company) received a letter from The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the Company's failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the Form 10-K). The notification has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Capital Market. In accordance with Nasdaq's Listing Rules, the Company has 60 calendar days to submit a plan to regain compliance. If Nasdaq accepts the Company's plan, Nasdaq may grant the Company an exception of up to 180 calendar days from the original due date of the Form 10-K to regain compliance. The Company is actively working with its independent registered public accounting firm to complete the Form 10-K, to reflect the deconsolidation of certain operations and a streamlined business structure, and intends to file it as soon as practicable within the applicable compliance period.
お知らせ • Apr 01American Resources Corporation announced delayed annual 10-K filingOn 03/31/2026, American Resources Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.
Breakeven Date Change • Mar 27Forecast breakeven date pushed back to 2028The 3 analysts covering American Resources previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of US$94.4m in 2028. Average annual earnings growth of 53% is required to achieve expected profit on schedule.
お知らせ • Mar 09American Resources Corporation, Annual General Meeting, Apr 15, 2026American Resources Corporation, Annual General Meeting, Apr 15, 2026. Location: 12115 visionary way, suite 174, in 46038., fishers United States
お知らせ • Jan 19American Resources Corporation Receives Notice of Nasdaq Noncompliance Due to Delayed Annual Meeting of ShareholdersOn January 13, 2026, American Resources Corporation (AREC" or the Company") received a letter from Nasdaq Regulation (Nasdaq") notifying the Company that it was not in compliance with Nasdaq Listing Rule 5620(a), which requires listed companies to hold an annual meeting of shareholders within twelve months of the end of their fiscal year. The Company did not hold an annual meeting of shareholders within twelve months of its fiscal year ended December 31, 2024. The notice of noncompliance has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Capital Market. Pursuant to the Nasdaq Listing Rules, the Company has 45 calendar days, or until February 27, 2026, to submit a plan to regain compliance, which must include the scheduling and timing of its annual meeting of shareholders. If Nasdaq accepts the Company's plan, Nasdaq may grant an exception of up to 180 calendar days from the Company's fiscal year end of December 31, 2025, or until June 29, 2026, for the Company to regain compliance. The delay in convening the annual meeting was administrative in nature and was not the result of any disagreement among shareholders or the Board of Directors. The Company has submitted, or intends to submit, its plan to Nasdaq and has commenced the process to convene its annual meeting of shareholders. The Company is committed to executing its compliance plan in accordance with Nasdaq Listing Rule 5810(c)(2)(G) and expects to hold its annual meeting within the timeframe permitted under any exception granted by Nasdaq. The Company does not anticipate any difficulty in satisfying the requirements of its compliance plan and expects to regain full compliance with Nasdaq Listing Rule 5620(a) following the annual meeting.
分析記事 • Dec 24Is American Resources Corporation (NASDAQ:AREC) Trading At A 41% Discount?Key Insights American Resources' estimated fair value is US$4.44 based on 2 Stage Free Cash Flow to Equity American...
Breakeven Date Change • Nov 26No longer forecast to breakevenThe 3 analysts covering American Resources no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$13.4m in 2027. New consensus forecast suggests the company will make a loss of US$566.7k in 2027.
New Risk • Nov 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Negative equity (-US$95m). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (US$145k revenue).
Major Estimate Revision • Nov 21Consensus revenue estimates increase by 38%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$70.0k to US$100.0k. Forecast losses expected to reduce from -US$0.393 to -US$0.343 per share. Oil and Gas industry in the US expected to see average net income growth of 25% next year. Consensus price target of US$6.67 unchanged from last update. Share price fell 11% to US$2.68 over the past week.
Breakeven Date Change • Nov 20No longer forecast to breakevenThe 2 analysts covering American Resources no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$6.85m in 2027. New consensus forecast suggests the company will make a loss of US$17.3m in 2027.
Reported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: US$0.075 loss per share (improved from US$0.12 loss in 3Q 2024). Net loss: US$6.30m (loss narrowed 32% from 3Q 2024). Revenue exceeded analyst estimates. Earnings per share (EPS) also surpassed analyst estimates by 34%. Revenue is forecast to grow 74% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
Breakeven Date Change • Nov 14Forecast to breakeven in 2027The 2 analysts covering American Resources expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 25% per year to 2026. The company is expected to make a profit of US$13.4m in 2027. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
お知らせ • Oct 23+ 1 more updateAmerican Resources Corporation announced that it has received $33.654 million in fundingOn October 23, 2025, American Resources Corporation closed the transaction. The transaction included participation from 2 investors.
Price Target Changed • Oct 20Price target increased by 10% to US$5.50Up from US$5.00, the current price target is an average from 2 analysts. New target price is 38% above last closing price of US$4.00. The company is forecast to post a net loss per share of US$0.38 next year compared to a net loss per share of US$0.52 last year.
お知らせ • Oct 17American Resources Corporation announced that it expects to receive $39.999485 million in fundingAmerican Resources Corporation announced that it has entered into securities purchase agreements pursuant to which the Company agreed to sell and issue to the Purchasers in a private placement offering an aggregate of 2,661,764 common shares at a par value of $0.0001 per share at an issue price of $5.10 per Share for gross proceeds of $13,574,996.4 and 5,181,374 pre-funded warrants to purchase up to 5,181,374 shares of Common Stock at an exercise price equal to $0.0001 per share at an issue price of $5.0999 per warrant for gross proceeds of $26,424,489.2626 raising total aggregate gross proceeds of $39,999,485.6626 on October 15, 2025. The Shares, Pre-Funded Warrants and the Pre-Funded Warrant Shares are being offered in reliance upon the exemption from the registration requirement of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) thereof and/or Rule 506(b) of Regulation D promulgated thereunder, and applicable state securities laws. The issuance of the Shares, the Pre-Funded Warrants and the Pre-Funded Warrant Shares have not been registered under the Securities Act and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act and any applicable state securities laws. The Offering is anticipated to close on or about October 16, 2025. he Company agreed to pay Maxim upon closing a cash fee (the “Cash Fee”) equal to 7.0% of the aggregate gross proceeds received in the Offering. The Company also agreed to reimburse Maxim at the closing of the Offering, for expenses incurred, including disbursements of its legal counsel, up to $100,000. In connection with the Offering, the Company’s directors and executive officers have entered into lock-up agreements for a period of sixty (60) days after the closing of the Offering, subject to limited exceptions.
お知らせ • Oct 15American Resources Corporation has filed a Follow-on Equity Offering in the amount of $40.000004 million.American Resources Corporation has filed a Follow-on Equity Offering in the amount of $40.000004 million. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 7,843,138 Price\Range: $5.1 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Securities Offered: 7,843,138 Transaction Features: Registered Direct Offering
お知らせ • Oct 14American Resources Corporation announced that it expects to receive $33.654 million in fundingAmerican Resources Corporation announced a private placement to issue 9,480,000 Class A Common Shares par value $0.0001 per share at a price of $3.55 per share for aggregate gross proceeds of $33,655,001 on October 13, 2025. Maxim Group LLC acted as the sole placement agent in connection with the Offering. The Company also entered into a Placement Agency Agreement with Maxim dated October 13, 2025, pursuant to which Maxim agreed to serve as the exclusive placement agent for the Company in connection with the Offering. The Company agreed to pay Maxim upon closing a cash fee (the “Cash Fee”) equal to 7.0% of the aggregate gross proceeds received in the Offering. The Company also agreed to reimburse Maxim at the closing of the Offering, for expenses incurred, including disbursements of its legal counsel, up to $100,000. In connection with the Offering, the Company’s directors and executive officers have entered into lock-up agreements for a period of sixty (60) days after the closing of the Offering, subject to limited exceptions. Without the prior written consent of the purchasers and Maxim, from the date of execution of the Securities Purchase Agreement until sixty (60) days after the closing of the Offering, neither the Company nor any subsidiary shall (i) issue, enter into any agreement to issue or announce the issuance or proposed issuance of any Common Stock, Common Stock Equivalents, other than an Exempt Issuance (as defined therein) or (ii) file any registration statement or any amendment or supplement thereto, subject to certain exceptions. The transaction will include participation from certain Institutional Investors and is expected to close on or about October 14, 2025.
お知らせ • Aug 15American Resources Corporation announced delayed 10-Q filingOn 08/14/2025, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Jul 03American Resources Corporation, Annual General Meeting, Aug 29, 2025American Resources Corporation, Annual General Meeting, Aug 29, 2025. Location: 12115 visionary way, suite 174, in 46038., fishers United States
お知らせ • May 31American Resources Receives a Letter from the Nasdaq Stock MarketOn May 29, 2025, American Resources Corporation received a letter from the Nasdaq Stock Market indicating that the company’s Form 10-Q for the fiscal year ended March 31, 2025 has not been timely filed according to Nasdaq’s Listing Rules. The notification of noncompliance has no immediate effect on the listing or trading of the Company’s stock on the Nasdaq Capital Market. Under the Listing Rules, the Company has 60 days to file a plan to file its 10-K and then 180 days post acceptance of the plan to file at which point the Company will regain compliance with the listing requirements and the common stock will continue to be eligible for listing on the Nasdaq Capital Market. The Company filed the required 10-Q on May 28 and was in compliance with Nasdaq Continued Listing Standards at the time of the issuance of the notification.
お知らせ • May 16American Resources Corporation announced delayed 10-Q filingOn 05/15/2025, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • May 02American Resources Corporation Receives Non Compliance Notification from NasdaqOn April 24, 2025, American Resources Corporation (or the Company") received a letter from the Nasdaq Stock Market indicating that the company's Form 10-K for the fiscal year ended December 31, 2024 has not been timely filed according to Nasdaq's Listing Rules. The notification of noncompliance has no immediate effect on the listing or trading of the Company's stock on the Nasdaq Capital Market. Under the Listing Rules, the Company has 60 days to file a plan to file its 10-K and then 180 days post acceptance of the plan to file at which point the Company will regain compliance with the listing requirements and the common stock will continue to be eligible for listing on the Nasdaq Capital Market. The Company continues to work with its Independent Audit Firm and plans to file the required 10-K eminently. Additionally, the upcoming required March 31, 2025 Form 10Q will be filed expeditiously.
お知らせ • Apr 01American Resources Corporation announced delayed annual 10-K filingOn 03/31/2025, American Resources Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.
New Risk • Mar 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$15m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$53m). Revenue is less than US$1m (US$400k revenue). Minor Risk Market cap is less than US$100m (US$38.7m market cap).
お知らせ • Feb 27American Resources Corporation Receives Non-Compliance Letter from Nasdaq Regarding Minimum Bid Price RequirementOn February 19, 2025, American Resources Corporation (or the Company") received a letter from the Nasdaq Stock Market indicating that for 30 consecutive business days the Company's stock has not maintained a minimum closing bid price of $1.00 per share (Minimum Bid Price Requirement") as required by Nasdaq Listing Rule 5550(a)(2). The notification of noncompliance has no immediate effect on the listing or trading of the Company's stock on the Nasdaq Capital Market. Under the Listing Rules, if during the 180 calendar days following the date of the notification, or prior to August 18, 2025, the closing bid price of the Company's stock is at or above $1.00 for a minimum of 10 consecutive business days, the Company will regain compliance with the Minimum Bid Price Requirement and the common stock will continue to be eligible for listing on the Nasdaq Capital Market. If the Company does not achieve compliance with the Minimum Bid Price Requirement by August 18, 2025, the Company may be eligible for an additional 180 day period to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, by providing a written notice of its intention to cure the deficiency during the second compliance period. If the Company meets these requirements, an additional 180 days will be granted. If the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide a notice that the Company's common stock will be subject to delisting.
Price Target Changed • Feb 14Price target decreased by 11% to US$4.00Down from US$4.50, the current price target is an average from 2 analysts. New target price is 545% above last closing price of US$0.62. The company is forecast to post a net loss per share of US$0.41 next year compared to a net loss per share of US$0.15 last year.
お知らせ • Nov 15American Resources Corporation announced delayed 10-Q filingOn 11/14/2024, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Price Target Changed • Nov 14Price target decreased by 11% to US$4.00Down from US$4.50, the current price target is an average from 2 analysts. New target price is 285% above last closing price of US$1.04. The company is forecast to post a net loss per share of US$0.36 next year compared to a net loss per share of US$0.15 last year.
お知らせ • Nov 08American Resources Corporation to Report Q3, 2024 Results on Nov 14, 2024American Resources Corporation announced that they will report Q3, 2024 results on Nov 14, 2024
お知らせ • Aug 15American Resources Corporation announced delayed 10-Q filingOn 08/14/2024, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Breakeven Date Change • Aug 15Forecast to breakeven in 2025The 2 analysts covering American Resources expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$17.9m in 2025. Average annual earnings growth of 99% is required to achieve expected profit on schedule.
お知らせ • Aug 08American Resources Corporation to Report Q2, 2024 Results on Aug 14, 2024American Resources Corporation announced that they will report Q2, 2024 results on Aug 14, 2024
お知らせ • Jun 08American Resources Corporation, Annual General Meeting, Jul 16, 2024American Resources Corporation, Annual General Meeting, Jul 16, 2024.
お知らせ • May 19American Resources Corporation to Report Q1, 2024 Results on May 21, 2024American Resources Corporation announced that they will report Q1, 2024 results on May 21, 2024
お知らせ • May 17American Resources Corporation announced delayed 10-Q filingOn 05/15/2024, American Resources Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Apr 03American Resources Corporation Provides Updated Rare Earth Analysis from West Virginia ProjectAmerican Resources Corporation announced updated results of its rare earth deposits at its Wyoming County Coal project in West Virginia with over 550 ppm as verified from an independent third-party laboratory. The ongoing project development is being funded by the Company's previously announced $45 million tax exempt bond. Rare earth and critical minerals are used in the electric drive train (magnets and batteries) of e-mobility as well as other electronics and military applications all throughout the world. American Carbon has an agreement in place with ReElement Technologies to refine concentrated rare earth materials from unconventional coal-based resources into ultra-pure products. Over 90% of the world's rare earth elements are refined in China to date and ReElement's mission is to continually grow its footprint to provide an alternative to the world in how rare earth and critical minerals are refined.
お知らせ • Apr 02American Resources Corporation announced delayed annual 10-K filingOn 04/01/2024, American Resources Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.
Reported Earnings • Apr 01Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$0.15 loss per share (further deteriorated from US$0.022 loss in FY 2022). Revenue: US$16.7m (down 58% from FY 2022). Net loss: US$11.2m (loss widened US$9.76m from FY 2022). Revenue missed analyst estimates by 29%. Earnings per share (EPS) also missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$1.48, the stock trades at a trailing P/E ratio of 13.8x. Average forward P/E is 11x in the Oil and Gas industry in the US. Total loss to shareholders of 62% over the past three years.
お知らせ • Mar 21American Resources Corporation to Report Q4, 2023 Results on Mar 28, 2024American Resources Corporation announced that they will report Q4, 2023 results on Mar 28, 2024
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$1.59, the stock trades at a trailing P/E ratio of 14.8x. Average forward P/E is 10x in the Oil and Gas industry in the US. Total loss to shareholders of 60% over the past three years.
Seeking Alpha • Feb 14American Resources Is Misunderstood And Has An Enormous UpsideSummary American Resources Corporation is a coal company with multiple mining complexes, primarily focused on metallurgical coal. AREC has acquired mining rights to several large areas, with potential deals that could significantly increase shareholder value. AREC also has a promising processing business that could disrupt China's dominance in rare earth metals and strategically important minerals markets. Read the full article on Seeking Alpha
分析記事 • Feb 06Would American Resources (NASDAQ:AREC) Be Better Off With Less Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Major Estimate Revision • Dec 20Consensus revenue estimates decrease by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$28.6m to US$23.8m. EPS estimate unchanged from -US$0.04 per share at last update. Oil and Gas industry in the US expected to see average net income growth of 5.1% next year. Consensus price target of US$4.13 unchanged from last update. Share price fell 2.8% to US$1.41 over the past week.
New Risk • Dec 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 143% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 143% per year for the foreseeable future. Minor Risks High level of debt (278% net debt to equity). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (14% increase in shares outstanding).
Reported Earnings • Nov 17Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: US$0.046 (up from US$0.079 loss in 3Q 2022). Revenue: US$5.83m (down 39% from 3Q 2022). Net income: US$3.48m (up US$8.71m from 3Q 2022). Profit margin: 60% (up from net loss in 3Q 2022). Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$96.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (US$96.2m market cap).
お知らせ • Nov 09American Resources Corporation to Report Q3, 2023 Results on Nov 14, 2023American Resources Corporation announced that they will report Q3, 2023 results on Nov 14, 2023
分析記事 • Sep 27Does American Resources (NASDAQ:AREC) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Sep 07American Resources Corporation Appoints Josh Hawes as Independent DirectorAmerican Resources Corporation announced that its Board of Directors has appointed Josh Hawes as an independent director. Mr. Hawes brings over 20 years of experience in the areas of capital market construction, organizational and product strategy and driving shareholder returns. Mr. Hawes will replace Michael Layman as an independent director of the board of directors as well as a member of the Board's Audit Committee effective immediately. Mr. Layman will continue to advise the Company as a member of its Advisory Board. Mr. Hawes most recently served as Chief Strategy Officer of USA Rare Earth from 2021 to 2023 and Chief of Staff from 2020 and 2021 where he oversaw an exceptional ten-fold increase in the company's value and spearheaded the creation of the Magnet Manufacturing Tax Credit, while leading their magnet manufacturing transition team in Stillwater, Oklahoma. Furthermore, Mr. Hawes built the first ex-China, North American magnet supply chain network through strategic partnerships and collaboration, allowing for the future capture of hundreds of millions in revenue. Mr. Hawes has over 15-years of leadership experience with specific focus on commodities, buy-side and sell-side investment sectors of the financial industry, and advanced technologies. Before his tenure at USA Rare Earth, Mr. Hawes held executive leadership roles for investment firms Delta1X and Hawking Alpha. He has led entrepreneurial capital integration for several companies by leading seamless combination of entrepreneurial spirit with Wall Street expertise to empower businesses of all sizes. Mr. Hawes' vision includes leveraging technology and global markets for corporate and shareholder growth. This approach has led to the creation of new markets and remarkable revenue growth of 200-1,000%. He has also advised gubernatorial and executive leadership in the White House and DoD, along with private sector leaders on integrated economic supply chain implications. Mr. Hawes holds several professional designations, including Chartered Market Technician, Certified Hedge Fund Professional, and Qualified Family Office Professional. Hawes holds licenses spanning commodities, investment banking, public, and private securities including Series 3, 63, 65, 7, 79, 82, and SIE. A graduate of Auburn University in Wireless Software Engineering with a minor in Business, Mr. Hawes actively supports Auburn's FMA program by speaking at the Business School. He has made media appearances, including a feature on Trend Following Radio, where he shared insights into the trading industry with a focus on risk management and a passion for mathematics. Mr. Hawes serves on the Board of an international missions organization and is a dedicated supporter of Metro Ministries in Tampa, Florida. Outside of his professional pursuits, he cherishes time spent with his wife, family, and two golden retrievers while fostering children for West Florida Foster Care Services.
Reported Earnings • Aug 15Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: US$0.013 loss per share (improved from US$0.037 loss in 2Q 2022). Revenue: US$1.98m (down 88% from 2Q 2022). Net loss: US$999.9k (loss narrowed 59% from 2Q 2022). Revenue missed analyst estimates by 89%. Earnings per share (EPS) exceeded analyst estimates by 67%. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 12American Resources Corporation Names Tarlis Thompson as CEO of American Carbon’s Mining DivisionAmerican Resources Corporation announced that its Strategic Committee has approved the appointment of Tarlis Thompson as the Chief Executive Officer of its American Carbon subsidiary. Tarlis Thompson is a Kentucky born native that has spent over 23 years in the mining industry ranging from coal production, process, testing and leadership positions. Prior to his appointment as CEO he was the president in charge of overseeing all daily operations at American Carbon's Central Appalachian subsidiaries, which includes McCoy Elkhorn, Deane Mining, Wyoming County, Perry County and Knott County Coal. In this role, he manages the activities at the Company's various processing facilities and loadout, coordinates production at the Company's various mining operations, manages environmental compliance and reclamation, and is responsible for quality control and shipments to customers. Prior to joining American Resources Tarlis spent over 15 years at companies such as Massey Energy, Commercial Testing & Engineering, SGS Minerals and CAM Mining.
お知らせ • Aug 08American Resources Corporation to Report Q2, 2023 Results on Aug 14, 2023American Resources Corporation announced that they will report Q2, 2023 results on Aug 14, 2023
お知らせ • Jun 09American Resources Corporation, Annual General Meeting, Jul 18, 2023American Resources Corporation, Annual General Meeting, Jul 18, 2023, at 10:30 US Eastern Standard Time. Agenda: To elect the five nominees named in the proxy statement as directors to hold office until the 2023 annual meeting of shareholders; to approve bf borgers cpa pc as independent registered public accounting firm for the fiscal 2023; and to transact such other business as may properly come before the annual meeting of shareholders, or any adjournment or postponement thereof.
分析記事 • Jun 08With American Resources Corporation (NASDAQ:AREC) It Looks Like You'll Get What You Pay ForWhen close to half the companies in the Oil and Gas industry in the United States have price-to-sales ratios (or "P/S...
Price Target Changed • May 18Price target decreased by 8.1% to US$4.25Down from US$4.63, the current price target is an average from 2 analysts. New target price is 185% above last closing price of US$1.49. Stock is down 1.3% over the past year. The company is forecast to post a net loss per share of US$0.08 next year compared to a net loss per share of US$0.022 last year.
Reported Earnings • May 17First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: US$0.043 loss per share (further deteriorated from US$0.042 loss in 1Q 2022). Revenue: US$8.87m (down 2.3% from 1Q 2022). Net loss: US$3.10m (loss widened 13% from 1Q 2022). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 33%. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • May 09American Resources Corporation to Report Q1, 2023 Results on May 15, 2023American Resources Corporation announced that they will report Q1, 2023 results on May 15, 2023
Buying Opportunity • Apr 11Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be US$1.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 48% over the last 3 years. Earnings per share has grown by 83%. Revenue is forecast to grow by 85% in a year. Earnings is forecast to decline by 391% in the next year.
分析記事 • Apr 03Here's Why American Resources (NASDAQ:AREC) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Apr 02Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: US$0.022 loss per share (improved from US$0.59 loss in FY 2021). Revenue: US$39.5m (up 409% from FY 2021). Net loss: US$1.45m (loss narrowed 96% from FY 2021). Revenue missed analyst estimates by 29%. Earnings per share (EPS) exceeded analyst estimates by 86%. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 06American Resources Corporation Receives Advanced Roof Control Plan Approval for Carnegie Metallurgical Carbon MinesAmerican Resources Corporation announced that it has received approval from the Mine Safety and Health Administration for an advanced roof control plan at both its Carnegie 1 and Carnegie 2 mines in Pike County, Kentucky. The new roof control plan, which was issued due to the mine conditions and excellent work performed by its operating teams, will reduce operating costs by an estimated $2.00 per ton. Carnegie 1 and Carnegie 2 mines are underground room and pillar mines that are set up in a manner that will provide significant growth over the course of the next few years. The Company will achieve such growth and efficiencies with minimal capex by optimizing the operations through methods such as adding additional mining sections, now that mining has advanced further into the seam, and through deep cut mine plans at Carnegie 2, similar to those recently announced at Carnegie 1. The Company believes that the strength in the current carbon market will be further exemplified in 2023 for metallurgical carbon for steel production as China slowly emerges from COVID-related lock downs. American Resources continues to focus on running efficient streamlined operations in being a new-aged supplier of raw materials to the infrastructure and electrification marketplace in the most sustainable of ways, while also helping the world achieve its goals of carbon neutrality. By operating with low or no legacy costs and having one of the largest and most innovative growth pipelines in the industry, American Resources Corporation works to maximize value for its investors by positioning its large asset base to best fit a new-aged economy, while being able to scale its operations to meet the growth of the markets it serves.
Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: US$0.079 loss per share (improved from US$0.15 loss in 3Q 2021). Revenue: US$9.51m (up 238% from 3Q 2021). Net loss: US$5.23m (loss narrowed 41% from 3Q 2021). Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 167%. Revenue is forecast to grow 95% p.a. on average during the next 2 years, compared to a 6.7% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
Breakeven Date Change • Nov 16Forecast to breakeven in 2023The 2 analysts covering American Resources expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 74% to 2022. The company is expected to make a profit of US$25.4m in 2023. Average annual earnings growth of 171% is required to achieve expected profit on schedule.
お知らせ • Nov 12Indiana Economic Development Corporation Awards Grants for American Resources CorporationAmerican Resources Corporation announced that it has been awarded a $200,000, state-level, advanced manufacturing grant from the Indiana Economic Development Corporation for its patented critical battery element purification and separation technology being commercialized in Noblesville, Indiana. The Company is in the final stages of site selection for its second facility in either Indiana or West Virginia. The Company has begun the initial planning and design of such facility which at full capacity will be capable of processing approximately 95,000 tons of critical battery materials annually (over 4,000 tons of lithium carbonate or hydroxide) and 6,000 tons of rare earth magnets annually (2,000 tons of high purity REEs) by 2025.
お知らせ • Nov 09American Resources Corporation to Report Q3, 2022 Results on Nov 15, 2022American Resources Corporation announced that they will report Q3, 2022 results on Nov 15, 2022
お知らせ • Aug 30American Resources Corporation (NasdaqCM:AREC) announces an Equity Buyback for $10 million worth of its shares.American Resources Corporation (NasdaqCM:AREC) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares of common stock outstanding. The program will expire on September 15, 2023.
Seeking Alpha • Aug 29American Resources rallies on $10M share repurchase programAmerican Resources (NASDAQ:AREC) has announced that its Board of Directors has authorized a stock repurchase program for up to $10M of its shares of common stock outstanding. Under the Program, the Co. is authorized to repurchase shares through the open market, in privately-negotiated transactions, or otherwise in accordance with applicable federal securities laws. The share repurchase authorization will be used at management's discretion and will expire on Sept. 15, 2023. "We have the financial flexibility to continue to execute our business plans, and believe that launching this stock buyback program reflects our confidence in the prospects of the businesses and provides us an opportunity to create value for our long-term shareholders." said Kirk Taylor, CFO. AREC shares +8.45% to $3.21.
Price Target Changed • Aug 17Price target increased to US$4.75Up from US$3.63, the current price target is provided by 1 analyst. New target price is 100% above last closing price of US$2.37. Stock is up 24% over the past year. The company is forecast to post earnings per share of US$0.03 next year compared to a net loss per share of US$0.59 last year.
Seeking Alpha • Aug 15American Resources GAAP EPS of -$0.04 beats by $0.01, revenue of $16.2M misses by $2.8MAmerican Resources press release (NASDAQ:AREC): Q2 GAAP EPS of -$0.04 beats by $0.01. Revenue of $16.2M (+312.2% Y/Y) misses by $2.8M. Shares +3.5%.
お知らせ • Aug 10American Resources Corporation to Report Q2, 2022 Results on Aug 15, 2022American Resources Corporation announced that they will report Q2, 2022 results on Aug 15, 2022
お知らせ • Aug 05American Resources Corporation Announces Management Changes for ReElement Technologies LLC DivisionAmerican Resources Corporation announced that its majority-owned ReElement Technologies LLC division (ReElement) has promoted Jeff Peterson to Chief Operating Officer and expanded the ReElement team with the appointments of Dr. Yi Ding as Director of Research & Development and Chris Moorman as Chief Commercial Officer. Jeff Peterson - Chief Operating Officer: Jeff brings nearly 20 years of experience including operations, engineering, sales, and product development to ReElement Technologies LLC. He began his career as a Commissioned Officer in the United States Navy serving onboard nuclear-powered submarines. After resigning his Commission, Jeff joined Westinghouse Electric Company where he served as part of the engineering and licensing team in the design and U.S. Nuclear Regulatory Commission approved licensing of a first-of-its-kind Generation III+ pressurized water reactor for commercial electricity generation. Jeff then joined Cyient where he was rapidly promoted to sales, strategy, and product development leadership roles. He most recently worked with Hitachi Vantara as part of the North American sales team, selling digital transformation initiatives into key industrial markets. Jeff is a graduate of Purdue University and has his Master of Business Administration from the Joseph M. Katz Graduate School of Business at the University of Pittsburgh. Dr. Yi Ding - Director of Research & Development: Dr. Yi Ding received his bachelor's degree in chemical engineering from Tsinghua University in Beijing in 2016 and Ph.D. from Purdue University in 2021. Before joining ReElement, he worked as a postdoctoral research associate at Purdue University. His research focused on multi-dimensional, multi-mode chromatography for the separation and purification of critical materials including authoring and co-authoring 9 journal publications as well as serving as co-inventor for 3 provisional patent applications. Yi is also the recipient of the 2021 American Institute of Chemical Engineering Separation Division Graduate Student Research Award. Through his research and development efforts, Yi has set out to prove the clean and efficient chromatography processes for critical materials purification can provide the driving force for a sustainable and circular economy. Chris Moorman - Chief Commercial Officer: Chris Moorman brings a wide range of experience to his role as Chief Commercialization Officer. Since learning risk management as a commodity options market maker on the floor of the NYMEX, Chris has founded and exited several companies in a variety of industries from data center development to consumer package goods to artificial intelligence platform design. His experience in new market development will be critical in the formation of the domestic circular supply chain for the electrification economy. He is a graduate of Purdue University and serves on the boards of Fishing's Future, a national leader in Angler Education, and the Kurt Vonnegut Memorial Library.
Seeking Alpha • Jul 19American Resources cheers significant estimated Y/Y growth in Q2 revenueAmerican Resources (NASDAQ:AREC) surges 11% in premarket after it estimates Q2 revenue to be $16.196M compared to $9.08M in Q1 and $393,210 in year ago quarter. Analysts consensus estimates for revenue stands ay $19M. "Our extensive asset base, reserves and permits put us in a unique position to capitalize in these incredibly strong markets and provide supply growth to our customer base. We feel our preliminary results for Q2 of this year showcase the beginning of a significant infliction point for our carbon business at a time that we continue to drive significant innovation in the critical and rare earth element space," CFO Kirk Taylor commented. Q2 results are scheduled for Aug.15.
Seeking Alpha • Jul 01American Resources' reELEMENT secures working capital facilityAmerican Resources (NASDAQ:AREC) has announced that reELEMENT Technologies has put in place an independent working capital facility that will enable the division to expand to revenue and cash flow generation. This initial working capital facility of $2M will be used to expand the production capabilities of rare earth and battery element recycling. Its also enables reELEMENT Technologies to establish credit history and provides low cost, non-dilutive, growth capital to expand current rare earth and battery element purification facility. "We're impressed by the revolutionary technology that they're commercializing and believe our capital is a cost effective way to leverage their asset base and expand their magnet and battery recycling capacity." said Mike Dance, COO of Maxus Capital.
Price Target Changed • May 24Price target decreased to US$3.63Down from US$4.50, the current price target is an average from 2 analysts. New target price is 135% above last closing price of US$1.54. Stock is down 41% over the past year. The company is forecast to post earnings per share of US$0.03 next year compared to a net loss per share of US$0.59 last year.
Reported Earnings • May 18First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: US$0.042 loss per share (up from US$0.14 loss in 1Q 2021). Revenue: US$9.08m (up US$9.07m from 1Q 2021). Net loss: US$2.75m (loss narrowed 57% from 1Q 2021). Revenue missed analyst estimates by 66%. Earnings per share (EPS) also missed analyst estimates by 47%. Over the next year, revenue is forecast to grow 624%, compared to a 19% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
お知らせ • May 17American Resources Corporation, Annual General Meeting, Jun 28, 2022American Resources Corporation, Annual General Meeting, Jun 28, 2022, at 10:30 Eastern Standard Time. Agenda: to elect the five nominees named in the proxy statement as directors to hold office until the 2023 annual meeting of shareholders; to approve BF Borgers Cpa Pc as our independent registered public accounting firm for the fiscal 2022.
Price Target Changed • Apr 27Price target increased to US$4.50Up from US$3.75, the current price target is provided by 1 analyst. New target price is 147% above last closing price of US$1.82. Stock is down 47% over the past year. The company is forecast to post earnings per share of US$0.18 next year compared to a net loss per share of US$0.59 last year.
お知らせ • Apr 08+ 1 more updateAmerican Resources Corporation (NasdaqCM : AREC) entered into a binding letter of intent to acquire Energy Technologies Inc.American Resources Corporation (NasdaqCM : AREC) entered into a binding letter of intent to acquire Energy Technologies Inc. on April 1, 2022. Pursuant to the term sheet and closing of the transaction, American Resources will provide the following consideration for all of the outstanding shares of Energy Technologies: i) $1,500,000 cash paid at the closing of the transaction; plus ii) $250,000 cash paid three months after the closing of the transaction and another $250,000 cash paid six months after the closing; plus iii) $3,000,000 paid at the closing of the transaction in the form of class a common stock of american resources corporation at a value of $3.50 per share. The transaction is expected to close within the next 45 days upon the full execution of a stock purchase agreement between American Resources Corporation and Energy Technologies Inc.
Price Target Changed • Mar 31Price target increased to US$4.50Up from US$4.00, the current price target is provided by 1 analyst. New target price is 75% above last closing price of US$2.57. Stock is down 32% over the past year. The company is forecast to post a net loss per share of US$0.01 next year compared to a net loss per share of US$0.59 last year.
Reported Earnings • Mar 30Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: US$0.59 loss per share (down from US$0.35 loss in FY 2020). Revenue: US$7.76m (up US$6.70m from FY 2020). Net loss: US$32.4m (loss widened 216% from FY 2020). Revenue missed analyst estimates by 98%. Earnings per share (EPS) exceeded analyst estimates by 117%. Over the next year, revenue is forecast to grow 2,316%, compared to a 23% growth forecast for the oil industry in the US. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
分析記事 • Jan 13Is American Resources (NASDAQ:AREC) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Nov 17Third quarter 2021 earnings released: US$0.15 loss per share (vs US$0.005 profit in 3Q 2020)Third quarter 2021 results: Net loss: US$8.91m (down US$9.04m from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
分析記事 • Sep 24Is American Resources (NASDAQ:AREC) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Price Target Changed • Aug 20Price target decreased to US$3.65Down from US$6.00, the current price target is an average from 2 analysts. New target price is 99% above last closing price of US$1.83. Stock is up 42% over the past year.
Reported Earnings • Aug 18Second quarter 2021 earnings released: US$0.13 loss per share (vs US$0.049 profit in 2Q 2020)Second quarter 2021 results: Net loss: US$6.65m (down US$7.96m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Jun 10American Resources Corporation has completed a Follow-on Equity Offering in the amount of $30.1 million.American Resources Corporation has completed a Follow-on Equity Offering in the amount of $30.1 million. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 8,600,000 Price\Range: $3.5 Discount Per Security: $0.245 Security Name: Warrants Security Type: Equity Warrant Securities Offered: 4,300,000 Transaction Features: Registered Direct Offering
Major Estimate Revision • May 19Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from US$72.0m to US$61.2m. EPS estimate unchanged from -US$0.54 per share at last update. Oil and Gas industry in the US expected to see average net income growth of 37% next year. Consensus price target down from US$6.13 to US$6.00. Share price fell 5.0% to US$2.83 over the past week.
Reported Earnings • May 15First quarter 2021 earnings released: US$0.14 loss per share (vs US$0.12 loss in 1Q 2020)First quarter 2021 results: Net loss: US$6.39m (loss widened 96% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Breakeven Date Change • May 15Forecast breakeven pushed back to 2022The 2 analysts covering American Resources previously expected the company to break even in 2021. New consensus forecast suggests losses will reduce by 31% to 2021. The company is expected to make a profit of US$15.1m in 2022. Average annual earnings growth of 103% is required to achieve expected profit on schedule.