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

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

American Resources Trading Up 1.8%

Shares of American Resources stock opened at $2.90 on Wednesday. American Resources has a fifty-two week low of $1.18 and a fifty-two week high of $7.11. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.19 and a current ratio of 2.19. The firm has a market capitalization of $310.22 million, a price-to-earnings ratio of -7.07 and a beta of 1.16. The stock has a 50 day moving average of $2.02 and a 200 day moving average of $2.47.

American Resources (NASDAQ:AREC) last announced its quarterly earnings results on Tuesday, May 19th. The company reported $0.75 EPS for the quarter. The business had revenue of ($0.10) million during the quarter. As a group, research analysts predict that American Resources will post -0.44 earnings per share for the current year.

About American Resources

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.