WallStreetZenWallStreetZen

How to Buy American Resources Stock

American Resources Corp

American Resources Corporation engages in the extraction, processing, transportation, distribution, and sale of metallurgical coal to the steel industries.

American Resources stock last closed at $1.41, down 2.76% from the previous day, and has increased 6.02% in one year. It has underperformed other stocks in the Coking Coal industry by 0.63 percentage points. American Resources stock is currently +35.58% from its 52-week low of $1.04, and -34.72% from its 52-week high of $2.16.

At the moment, there are 78.27M shares of AREC outstanding. The market cap of AREC is $110.36M. In the last 24 hours, 469,479 AREC shares were traded.

How to Buy American Resources Stock

Wondering how to invest in American Resources stock? Here's how.
  1. Figure out where to buy American Resources stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy American Resources stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Choose your method of payment and add your information.
  4. Analyze American Resources stock: The American Resources ticker symbol is AREC. Is American Resources stock a good investment? Should you buy shares of AREC? How do AREC's underlying business fundamentals look? Do top analysts think American Resources is a good buy? Why has AREC's stock price moved recently? (Hint: Our stock research website can help you evaluate if AREC is a good stock to buy).
  5. Execute your AREC buy order: Decide if you will purchase AREC shares at the current market price or use a limit order to buy AREC shares at a specific price.
  6. Keep an eye on your AREC position: Create a watchlist to get live updates on your new investment in American Resources shares.

Step 1: Figure out where to buy American Resources stock

You need a brokerage account in order to access the NASDAQ market and buy AREC stock.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

In our opinion, eToro is the best brokerage. eToro gives you:

  • Invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to global financial markets: From Tech to Industrials, New York to Shanghai — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your share purchase by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, the next step is to fill out some personal info so you can buy AREC today.

How to Create a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal info to open a new brokerage account.
  1. Submit your info by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your brokerage account

Now that you have created your account on the stocks app, you need to deposit funds:

Check out the tutorial below for more details transferring funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze American Resources stock

After you have selected the best place to buy American Resources stock, it's critical to analyze their stock prior to investing, so you truly comprehend the risk as well as the opportunity.

American Resources shares at a glance

AREC Price
$1.41
1w %
-7.84%
1y %
6.02%
5y %
-67.21%
P/E
10.07x
P/B
7.51x
P/S
5.04x
PEG
N/A
Revenue
$21.36M
Earnings
$11.44M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$110.36M
Next Earnings
May 13, 2024
Next Dividend
N/A

Fundamentals of AREC

WallStreetZen was created to help part-time investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on AREC's stock page.

How is AREC stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge AREC's fair value.

Using relative valuations methods:

  • AREC could be overvalued based on its P/E ratio of 10.07x, relative to Coking Coal industry P/E ratio of 7.49x
  • AREC may be overvalued based on its P/B ratio of 7.51x, relative to Coking Coal industry P/B ratio of 2.09x

You can access more valuation analysis on AREC's stock here.

AREC Financial Health Summary

Passed Health Checks:

  • AREC earnings of $13.07M is not enough to cover its interest payments.
  • Total AREC debt is lower than 5 years ago, relative to shareholder equity.
  • AREC profit margin has gone up from -109.1% to 53.6% in the past year.

Failed Health Checks:

  • AREC has a relatively high debt to equity ratio of 6.
  • AREC's operating cash flow of $8.93M allows it to safely service it's debt of $57.19M.
  • There are more long-term liabilities than short-term assets on the AREC balance sheet.
  • There are more short-term liabilities than short-term assets on the AREC balance sheet.

Is it a good time to buy American Resources stock, according to Wall Street analysts?

Out of 1 Wall Street analysts who research AREC, the consensus analyst rating on AREC is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the American Resources stock forecast page.

AREC Momentum

SMA10
1.53
SMA20
1.57
SMA50
1.46
SMA100
1.5
SMA200
1.56
MACD
-0.01
MACD Signal
0.02
MACD Histogram
-0.03
RSI
43.18
Stochastic %K
12.4
Stochastic %D
8.3
StochRSI %K
13.33
StochRSI %D
7.06

Is AREC Growing Revenue?

Last year, AREC earnings were $11.44M. Over the past 4 year, AREC's earnings have grown by -55.98% per year. This was slower than the Coking Coal industry average of 7.78%.

Last year, AREC revenue was $21.36M. In the last five year, AREC's revenue has gone up by -5.85% per year. This was slower than the Coking Coal industry average of 8.49%.

Dig into AREC's earnings and revenue performance here.

Are AREC insiders buying or selling the stock?

In the past year, executives and large shareholders at AREC have bought more shares than they have sold.

Kirk Patrick Taylor, Chief Financial Officer of AREC, was the latest AREC insider to buy. They bought $2,175.00 worth of AREC shares on Jun 15, 2023.

Dig into more about who owns AREC stock here.

Can I get consistent income from AREC stock?

No, American Resources doesn't provide an income stream by paying out dividends.

AREC Social Trading Data

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your AREC buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.

Click the Open Trade button and your broker will place your order.

If you want additional help with investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep an eye on your AREC position

Now that you own some AREC stock, you'll want to stay up-to-date on your new shares.

Create a watchlist to get notified of important updates regarding your AREC stock.

AREC Feed

How to Buy Stock in American Resources

To reiterate, here are the 6 steps to buy stock in American Resources:

  1. Figure out where to buy American Resources stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Analyze American Resources stock
  5. Execute your AREC buy order
  6. Keep an eye on your AREC position

If you require a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get notifications regarding your investment in American Resources, get started below.

NASDAQ: AREC
$1.41-0.04 (-2.76%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: AREC
$1.41-0.04 (-2.76%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one American Resources share?

As of Mar 28, 2024, it costs $1.41 to buy one share of American Resources stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.71, you can buy 0.5 shares of AREC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy American Resources stock?

According to 1 Wall Street analysts who monitor American Resources, their consensus recommendation is to buy American Resources stock.

What is the best way to buy American Resources stock?

One way to place an order for American Resources stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.