American Resources Corporation (AREC) To Go Ex-Dividend on August 14th

American Resources Corporation (NASDAQ:AREC) declared a dividend on Friday, July 24th. Stockholders of record on Saturday, August 15th will be paid a dividend of 0.0431 per share on Tuesday, August 25th. The ex-dividend date is Friday, August 14th.

American Resources Trading Down 1.7%

Shares of American Resources stock opened at $1.74 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.19 and a quick ratio of 2.19. The stock’s 50 day simple moving average is $2.05 and its 200-day simple moving average is $2.60. The stock has a market cap of $186.13 million, a P/E ratio of -4.24 and a beta of 1.11. American Resources has a 1-year low of $1.00 and a 1-year high of $7.11.

American Resources (NASDAQ:AREC) last posted its quarterly earnings results on Tuesday, May 19th. The company reported $0.75 EPS for the quarter. The company had revenue of ($0.10) million during the quarter. Analysts predict that American Resources will post -0.44 EPS for the current fiscal year.

American Resources Company Profile

American Resources Corporation (NASDAQ:AREC) is a diversified energy and critical minerals company focused on reclaiming coal refuse and mining high‐quality steam and metallurgical coal. The firm employs a vertically integrated business model that encompasses raw material extraction, on‐site processing and product delivery, supplying coal to power generators, steel manufacturers and industrial users.

Operating primarily in the Central Appalachian region of the United States, American Resources holds mining leases and reclamation permits across multiple sites in Kentucky, West Virginia and Indiana.