AREC

American Resources Corporation

Price Chart

Latest Quote

$1.57

-0.02 (-1.26%)

Current Price

Previous Close	$1.59
Open	$1.57
Day High	$1.60
Day Low	$1.48
Volume	2,495,112

Fetched: 2026-07-18T10:18:03

Stock Information

Shares Outstanding	106.97M
Total Debt	$20.25M
Cash Equivalents	$72.17M
Net Income	$-17.81M
Sector	Basic Materials
Industry	Coking Coal
Market Cap	$167.94M
EPS (TTM)	$-0.20
Exchange	NCM

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📊 Comprehensive Analysis

Company Data

Enterprise Value	$114.43M
Income	$-17.81M
Book/sh	$0.89
Cash/sh	$0.67
Employees	7

Financial Ratios

Quick Ratio	2.15
Current Ratio	2.19
Debt/Eq	21.73

Returns & Margins

ROA	-2.94%
ROE	-290.66%

Ownership

Insider Ownership	19.24%
Institutional Ownership	27.83%
Insider & Institutional transactions data not available

Valuation Ratios

Forward P/E	1.87
P/B	1.77

Analyst Data

Recommendation	strong_buy
Target Price	$5.00

Technical Indicators

SMA20	$1.93
SMA50	$2.12
SMA200	$2.85
RSI	21.98
ATR	0.1575

Shares Float	85.71M
Short Float	12.88%
Short Ratio	3.67
Volatility	1.12
Rel Volume	0.71

Performance History

Week	-12.78%
Month	-26.64%
Quarter	-28.64%
6 Months	-57.34%
YTD	-42.28%
Year	+18.94%
3 Years	-23.79%
5 Years	-38.67%
10 Years	+57.00%

Stock Score: ⭐ Premium

Based on debt, profitability, growth, and cash flow metrics

⭐ Premium Feature

Recent Price History

Date	Close	Volume
2026-07-17	$1.57	2,507,000
2026-07-16	$1.59	4,655,500
2026-07-15	$1.82	3,388,900
2026-07-14	$1.85	3,178,600
2026-07-13	$1.79	6,433,400
2026-07-10	$1.80	1,481,400
2026-07-09	$1.82	2,205,400
2026-07-08	$1.83	2,034,400
2026-07-07	$1.89	2,457,800
2026-07-06	$1.93	2,403,300
2026-07-02	$1.96	2,619,800
2026-07-01	$1.99	2,169,100
2026-06-30	$2.15	3,066,000
2026-06-29	$2.22	3,131,000
2026-06-26	$2.08	14,226,400
2026-06-25	$1.86	2,398,700
2026-06-24	$1.97	3,951,500
2026-06-23	$2.10	2,759,700
2026-06-22	$2.24	3,481,700
2026-06-18	$2.15	1,857,500

About American Resources Corporation

American Resources Corporation engages in the production of rare earth and critical mineral concentrates for the infrastructure and electrification markets. It operates through Electrified Materials and Corporate segments. The Electrified Materials segment aggregates and processes used metals for recycling into new steel-based products for the recovery and sale of recovered metal and steels. American Resources Corporation is headquartered in Fishers, Indiana.

📰 Latest News

AREC's ReElement Gets $25M to Expand Domestic Rare Earth Refining Hub

Zacks • 2026-07-16T14:11:00Z

American Resources subsidiary Electrified Materials closes $9.5M private placement

Proactive • 2026-07-16T13:56:00Z

Nasdaq slides as chip selloff drags Wall Street lower

Proactive • 2026-07-16T12:01:00Z

American Resources affiliate ReElement tapped for NSF critical materials consortium

Proactive • 2026-07-15T13:14:00Z

Nasdaq closes higher as Apple, soft PPI lift stocks

Proactive • 2026-07-15T11:51:00Z

American Resources secures $25M U.S. defense investment for Rare Earth refining expansion

Proactive • 2026-07-14T18:18:13Z

Sector Update: Energy Stocks Decline Tuesday Afternoon

MT Newswires • 2026-07-14T17:49:23Z

American Resources’ ReElement Technologies receives $25M US investment to expand rare earth refining capacity

Proactive • 2026-07-14T12:56:00Z

American Resources Chosen by U.S. DOE for Rare Earth Recovery Pilot

Zacks • 2026-07-13T12:09:00Z

American Resources selected for DOE award negotiations on rare earth recovery pilot project

Proactive • 2026-07-09T13:09:00Z

Period:

Income Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue
Reconciled Cost Of Revenue	$321,490	$542,529	$10,570,533	$25,343,779
Cost Of Revenue	$321,490	$542,529	$10,570,533	$25,472,705
Total Revenue	$0	$34,070	$11,821,899	$39,474,269
Operating Revenue	$0	$34,070	$11,821,899	$39,474,269
Expenses
Interest Expense	$1,764,115	$1,521,726	$1,988,074	$1,426,153
Total Expenses	$10,588,252	$14,253,088	$38,658,583	$63,471,633
Other Income Expense	$-6,059,655	$-299,208	$-9,930,434	$23,946,863
Other Non Operating Income Expenses	$-61,927	$110,060	$170,780	$317,045
Net Non Operating Interest Income Expense	$-1,186,589	$-1,442,935	$-1,957,845	$-1,395,171
Interest Expense Non Operating	$1,764,115	$1,521,726	$1,988,074	$1,426,153
Operating Expense	$10,266,762	$13,710,559	$28,088,050	$37,998,928
General And Administrative Expense	$10,036,339	$13,152,513	$12,212,533	$5,123,786
Other Operating Expenses	-	$991,520	$1,015,563	$1,344,047
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$-17,807,970	$-15,873,347	$-38,527,408	$-1,445,672
Net Interest Income	$-1,186,589	$-1,442,935	$-1,957,845	$-1,395,171
Interest Income	$577,526	$78,791	$30,229	$30,982
Normalized Income	$-11,894,305	$-15,873,347	$-28,988,890	$-25,075,490
Net Income From Continuing And Discontinued Operation	$55,411,737	$-39,116,156	$-38,527,408	$-1,445,672
Total Operating Income As Reported	$-11,308,535	$-14,219,018	$-36,375,202	$-19,487,321
Net Income Common Stockholders	$55,411,737	$-39,116,156	$-38,527,408	$-1,445,672
Net Income	$55,411,737	$-39,116,156	$-38,527,408	$-1,445,672
Net Income Including Noncontrolling Interests	$55,385,211	$-39,203,970	$-38,724,963	$-1,445,672
Net Income Discontinuous Operations	$73,219,707	$-23,242,809	-	-
Net Income Continuous Operations	$-17,834,496	$-15,961,161	$-38,724,963	$-1,445,672
Pretax Income	$-17,834,496	$-15,961,161	$-38,724,963	$-1,445,672
Special Income Charges	$-5,913,665	$0	$-9,538,518	$23,629,818
Earnings From Equity Interest	$-84,063	$-409,268	$-562,696	-
Interest Income Non Operating	$577,526	$78,791	$30,229	$30,982
Operating Income	$-10,588,252	$-14,219,018	$-26,836,684	$-23,997,364
Depreciation Amortization Depletion Income Statement	$122,916	$123,253	$3,546,117	$3,396,212
Depreciation And Amortization In Income Statement	$122,916	$123,253	$3,546,117	$3,396,212
Depreciation Income Statement	$122,916	$123,253	$2,323,431	$2,157,763
Gross Profit	$-321,490	$-508,459	$1,251,366	$14,001,564
Amortization Of Intangibles Income Statement	-	$1,543,226	$1,222,686	$1,238,449
Per Share
Diluted EPS	-	$-0.51	$-0.15	$-0.02
Basic EPS	-	$-0.51	$-0.15	$-0.02
Other
Tax Effect Of Unusual Items	$0	$0	$0	$0
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$-10,033,800	$-14,316,182	$-23,652,254	$-20,124,199
Total Unusual Items	$-5,913,665	$0	$-9,538,518	$23,629,818
Total Unusual Items Excluding Goodwill	$-5,913,665	$0	$-9,538,518	$23,629,818
Reconciled Depreciation	$122,916	$123,253	$3,546,117	$3,525,138
EBITDA (Bullshit earnings)	$-15,947,465	$-14,316,182	$-33,190,772	$3,505,619
EBIT	$-16,070,381	$-14,439,435	$-36,736,889	$-19,519
Diluted NI Availto Com Stockholders	$55,411,737	$-39,116,156	$-38,527,408	$-1,445,672
Minority Interests	$26,526	$87,814	$197,555	-
Other Special Charges	$5,913,665	$240,658	$11,067,926	$-3,119,775
Research And Development	$107,507	$434,793	$11,313,837	$28,134,883
Selling General And Administration	$10,036,339	$13,152,513	$12,212,533	$5,123,786
Other Gand A	$10,036,339	$13,152,513	$12,212,533	$5,123,786
Diluted Average Shares	-	$77,222,990	$75,422,390	$66,316,058
Basic Average Shares	-	$77,222,990	$75,422,390	$66,316,058
Gain On Sale Of Ppe	-	$400,000	$1,529,408	$20,510,043
Amortization	-	$1,543,226	$1,222,686	$1,238,449
Gain On Sale Of Security	-	-	$499,639	$4,866

Fetched: 2026-07-06

Balance Sheet (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Net Tangible Assets	$94,777,118	$-79,355,308	$-43,531,447	$284,696
Total Assets	$168,907,706	$281,651,874	$64,725,176	$55,916,349
Total Non Current Assets	$34,642,993	$188,755,871	$26,923,034	$43,148,896
Other Non Current Assets	$380,770	$184,375,179	$1,521,412	$2,122,263
Non Current Note Receivables	$0	$280,000	$379,022	$99,022
Current Assets	$134,264,713	$92,896,003	$37,802,142	$12,767,453
Other Current Assets	$2,635,151	$620,042	$1,729,651	$786,576
Assets Held For Sale Current	$0	$9,830,195	-	-
Receivables	$59,457,495	$81,656,953	$741,243	$660,755
Accrued Interest Receivable	$85,991	$85,991	$0	-
Accounts Receivable	$59,371,504	$81,570,962	$0	$660,755
Allowance For Doubtful Accounts Receivable	$-62,030,311	$0	-	-
Gross Accounts Receivable	$121,401,815	$81,570,962	-	-
Cash Cash Equivalents And Short Term Investments	$72,172,067	$788,813	$2,666,761	$10,873,432
Cash And Cash Equivalents	$31,701,916	$201,456	$1,318,854	$10,873,432
Restricted Cash	-	$6,853,473	$32,534,496	$0
Inventory	-	$959,989	$129,991	$446,690
Other Receivables	-	$6,675	-	-
Cash Financial	-	-	$2,666,638	$10,873,432
Prepaid Assets	-	-	-	$786,576
Debt
Total Debt	$3,727,945	$2,591,322	$47,100,300	$23,493,415
Long Term Debt And Capital Lease Obligation	$2,340,876	$1,826,851	$1,336,019	$7,902,642
Long Term Debt	$965,286	$151,841,169	$486,556	-
Current Debt And Capital Lease Obligation	$1,387,069	$764,471	$45,764,281	$15,590,773
Net Debt	-	$196,950,764	$44,843,189	$831,497
Current Debt	-	$45,714,080	$45,675,487	$11,704,929
Other Current Borrowings	-	$45,714,080	$45,675,487	$11,704,929
Liabilities
Total Liabilities Net Minority Interest	$75,718,780	$362,568,848	$109,730,475	$55,631,653
Total Non Current Liabilities Net Minority Interest	$14,508,412	$196,169,734	$31,458,933	$28,198,276
Other Non Current Liabilities	$12,167,536	$5,894,110	$30,122,914	$20,295,634
Liabilities Heldfor Sale Non Current	$0	$188,448,773	-	-
Current Liabilities	$61,210,368	$166,399,114	$78,271,542	$27,433,377
Other Current Liabilities	$4,349,613	$142,576,361	$8,853,599	-
Payables And Accrued Expenses	$55,473,686	$23,058,282	$23,653,662	$11,842,604
Interest Payable	$54,849	$68,465	$485,431	$106,886
Payables	$53,178,883	$20,141,682	$8,753,152	$11,735,718
Other Payable	$474,407	$471,566	$949,942	$2,524,243
Accounts Payable	$1,093,529	$2,137,054	$3,372,106	$4,916,243
Current Notes Payable	-	-	-	-
Equity
Common Stock Equity	$94,777,118	$-79,355,308	$-43,531,447	$284,696
Total Equity Gross Minority Interest	$93,188,926	$-80,916,974	$-45,005,299	$284,696
Stockholders Equity	$94,777,118	$-79,355,308	$-43,531,447	$284,696
Retained Earnings	$-210,358,542	$-265,770,279	$-225,292,335	$-167,239,243
Long Term Equity Investment	$32,361,173	$1,706,244	$3,477,300	$18,780,000
Other
Ordinary Shares Number	$106,919,830	$78,017,047	$76,247,370	$66,777,620
Share Issued	$106,919,830	$78,017,047	$76,247,370	$66,777,620
Tangible Book Value	$94,777,118	$-79,355,308	$-43,531,447	$284,696
Invested Capital	$95,742,404	$-79,355,308	$2,630,596	$11,989,625
Working Capital	$73,054,345	$-73,503,111	$-40,469,400	$-14,665,924
Capital Lease Obligations	$2,762,659	$2,591,322	$938,257	$11,788,486
Total Capitalization	$95,742,404	$-79,355,308	$-43,044,891	$284,696
Minority Interest	$-1,588,192	$-1,561,666	$-1,473,852	-
Additional Paid In Capital	$305,124,968	$186,407,169	$181,753,261	$167,517,259
Capital Stock	$10,692	$7,802	$7,627	$6,680
Common Stock	$10,692	$7,802	$7,627	$6,680
Long Term Capital Lease Obligation	$1,375,590	$1,826,851	$849,463	$7,902,642
Current Capital Lease Obligation	$1,387,069	$764,471	$88,794	$3,885,844
Current Accrued Expenses	$2,294,803	$2,916,600	$14,900,510	$106,886
Dueto Related Parties Current	$51,610,947	$17,533,062	$4,431,104	$4,295,232
Investments And Advances	$32,361,173	$1,706,244	$3,477,300	$18,780,000
Net PPE	$1,901,050	$2,394,448	$21,545,300	$22,147,611
Accumulated Depreciation	$-601,743	$-478,828	$-21,459,548	$-5,199,480
Gross PPE	$2,502,793	$2,873,276	$43,004,848	$27,347,091
Construction In Progress	$129,812	$92,516	$16,528,410	$0
Other Properties	$1,757,981	$2,165,760	$982,728	$13,033,889
Land And Improvements	$615,000	$615,000	$12,820,409	$1,617,435
Other Short Term Investments	$40,470,151	$587,357	$1,347,907	-
Buildings And Improvements	-	$54,202	$54,202	-
Duefrom Related Parties Current	-	$1,081,243	$741,243	-
Machinery Furniture Equipment	-	-	-	$0

Fetched: 2026-07-06

Cash Flow Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Free Cash Flow
Free Cash Flow	$-10,449,142	$1,991,801	$-23,135,647	$2,549,189
Operating Activities
Operating Cash Flow	$-10,411,845	$1,991,801	$-19,518,781	$2,549,189
Cash Flow From Continuing Operating Activities	$-10,411,845	$1,991,801	$-19,518,781	$2,539,627
Operating Gains Losses	$84,063	$409,268	$-966,712	$-5,813,960
Investing Activities
Capital Expenditure	$-37,297	$-1,059,062	$-3,616,866	-
Investing Cash Flow	$-39,360,615	$945,968	$-31,743,043	$-1,125,759
Cash Flow From Continuing Investing Activities	$-39,360,615	$945,968	$-31,743,043	$-1,125,759
Net Other Investing Changes	-	-	$222,822	$250,978
Financing Activities
Issuance Of Capital Stock	$68,123,675	$0	-	$0
Financing Cash Flow	$81,272,921	$-4,351,968	$45,348,555	$-1,015,848
Cash Flow From Continuing Financing Activities	$81,272,921	$-4,351,968	$45,348,555	$-1,015,848
Net Other Financing Charges	$4,658,960	$-4,541,207	$45,125,733	-
Net Common Stock Issuance	$68,123,675	$0	$0	$-93,435
Common Stock Issuance	$68,123,675	$0	-	$0
Repurchase Of Capital Stock	-	-	$0	$-93,435
Other
Issuance Of Debt	$965,286	$0	$1,381,250	$2,563,000
End Cash Position	$37,893,065	$4,113,329	$5,077,560	$12,995,695
Beginning Cash Position	$4,113,329	$5,077,560	$10,990,829	$12,588,113
Changes In Cash	$33,779,736	$-964,231	$-5,913,269	$407,582
Cash Flow From Discontinued Operation	$2,279,276	$449,968	-	-
Proceeds From Stock Option Exercised	$7,525,000	$189,239	$0	$0
Net Issuance Payments Of Debt	$965,286	$0	$222,822	$-922,413
Net Long Term Debt Issuance	$965,286	$0	$222,822	$-922,413
Long Term Debt Issuance	$965,286	$0	$1,381,250	$2,563,000
Net Investment Purchase And Sale	$-39,323,318	$715,036	$-29,655,585	$0
Sale Of Investment	$0	$715,036	$641,617	$0
Purchase Of Investment	$-39,323,318	$0	$-30,297,202	$0
Net PPE Purchase And Sale	$-37,297	$230,932	$-2,087,458	$16,908,129
Purchase Of PPE	$-37,297	$-1,059,062	$-3,616,866	-
Change In Working Capital	$-7,017,580	$13,505,868	$11,692,786	$4,827,361
Change In Other Working Capital	$579,116	$374,265	$2,756	-
Change In Payables And Accrued Expense	$-3,611,491	$4,690,406	$11,907,375	$3,086,174
Change In Accrued Expense	$-621,796	$589,825	$14,792,385	$363,684
Change In Interest Payable	$-13,616	$44,969	$377,306	$363,684
Change In Payable	$-2,989,695	$4,100,581	$-2,885,010	$2,722,490
Change In Account Payable	$-2,989,695	$4,100,581	$-2,885,010	$2,722,490
Change In Prepaid Assets	$-2,015,109	$69,667	$-942,557	$-161,971
Change In Receivables	$-1,970,096	$8,371,530	$308,513	$2,514,880
Changes In Account Receivables	$-1,970,096	$8,457,521	$660,756	$2,514,880
Other Non Cash Items	$4,717,875	$143,575	$1,174,834	$1,465,884
Stock Based Compensation	$9,235,377	$3,274,760	$3,292,129	-
Provisionand Write Offof Assets	$280,000	$0	$0	-
Depreciation Amortization Depletion	$122,916	$123,253	$3,546,117	$3,525,138
Depreciation And Amortization	$122,916	$123,253	$3,546,117	$3,525,138
Depreciation	$122,916	$123,253	$3,546,117	$3,525,138
Earnings Losses From Equity Investments	$84,063	$409,268	$562,696	-
Net Income From Continuing Operations	$-17,834,496	$-15,961,161	$-38,724,963	$-1,445,672
Sale Of PPE	-	$230,932	$1,625,000	-
Change In Other Current Liabilities	-	$0	$100,000	$0
Change In Inventory	-	$-829,998	$316,699	$-446,690
Unrealized Gain Loss On Investment Securities	-	$45,514	$-7,472	$-9,562
Amortization Cash Flow	-	$1,543,226	$1,222,686	-
Amortization Of Intangibles	-	$1,543,226	$1,222,686	-
Gain Loss On Investment Securities	-	$409,268	$562,696	$1,742,145
Gain Loss On Sale Of PPE	-	$-400,000	$-1,529,408	$-4,510,043
Repayment Of Debt	-	-	$-1,158,428	$-3,485,413
Common Stock Payments	-	-	$0	$-93,435
Long Term Debt Payments	-	-	$-1,158,428	$-3,485,413
Net Business Purchase And Sale	-	-	$0	$-18,284,866
Purchase Of Business	-	-	$0	$-18,284,866
Change In Other Current Assets	-	-	$752,783	$-165,032
Interest Paid Supplemental Data	-	-	-	$23,166

Fetched: 2026-07-06