Contrasting Elemental Royalty (NASDAQ:ELE) & Alpha Metallurgical Resources (NYSE:AMR)

Alpha Metallurgical Resources (NYSE:AMR) and Elemental Royalty (NASDAQ:ELE) are both small-cap materials companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, analyst recommendations, earnings, institutional ownership, dividends, valuation and risk.

Analyst Ratings

This is a summary of recent ratings and price targets for Alpha Metallurgical Resources and Elemental Royalty, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Alpha Metallurgical Resources	1	6	0	0	1.86
Elemental Royalty	0	2	1	0	2.33

Alpha Metallurgical Resources presently has a consensus target price of $178.00, suggesting a potential upside of 24.87%. Elemental Royalty has a consensus target price of $31.00, suggesting a potential upside of 100.00%. Given Elemental Royalty’s stronger consensus rating and higher possible upside, analysts plainly believe Elemental Royalty is more favorable than Alpha Metallurgical Resources.

Institutional and Insider Ownership

84.3% of Alpha Metallurgical Resources shares are owned by institutional investors. 18.2% of Alpha Metallurgical Resources shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Alpha Metallurgical Resources and Elemental Royalty’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Alpha Metallurgical Resources	-2.23%	-2.99%	-2.01%
Elemental Royalty	4.01%	0.53%	0.46%

Valuation and Earnings

This table compares Alpha Metallurgical Resources and Elemental Royalty”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Alpha Metallurgical Resources	$2.13 billion	0.85	-$61.69 million	($3.58)	-39.82
Elemental Royalty	$71.02 million	16.69	$1.77 million	$0.08	193.75

Elemental Royalty has lower revenue, but higher earnings than Alpha Metallurgical Resources. Alpha Metallurgical Resources is trading at a lower price-to-earnings ratio than Elemental Royalty, indicating that it is currently the more affordable of the two stocks.

Summary

Elemental Royalty beats Alpha Metallurgical Resources on 9 of the 12 factors compared between the two stocks.

About Alpha Metallurgical Resources

Alpha Metallurgical Resources, Inc., a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc. and changed its name to Alpha Metallurgical Resources, Inc. in February 2021. Alpha Metallurgical Resources, Inc. was incorporated in 2016 and is headquartered in Bristol, Tennessee.

About Elemental Royalty

Elemental Royalty Corporation engages in the acquisition and generation of precious metal royalties. The company holds royalties in gold, silver, and copper projects. It operates in North America; South America; Australia; Africa; and internationally. The company was formerly known as Elemental Altus Royalties Corp. and changed its name to Elemental Royalty Corporation in November 2025. The company is headquartered in Vancouver, Canada.