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 $1.33, up 0% from the previous day, and has decreased 52.33% in one year. It has underperformed other stocks in the Coking Coal industry by 1.07 percentage points. American Resources stock is currently +27.88% from its 52-week low of $1.04, and -55.67% from its 52-week high of $3.00.
At the moment, there are 78.21M shares of AREC outstanding. The market cap of AREC is $104.02M. In the last 24 hours, 138,307 AREC shares were traded.
How to Buy American Resources Stock
Wondering how to invest in American Resources stock? Here's how.
- 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.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your information.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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
- Click here to get started.
- Input your personal info to open a new brokerage account.
- Submit your info by hitting the "Create Account" button.
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.
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
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 133x, relative to Coking Coal industry P/E ratio of 5.78x
- AREC may be overvalued based on its P/B ratio of 9.69x, relative to Coking Coal industry P/B ratio of 1.75x
You can access more valuation analysis on AREC's stock here.
AREC Financial Health Summary
Passed Health Checks:
- AREC profit margin has gone up from -115.5% to 10.9% in the past year.
- Total AREC debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- AREC's operating cash flow of $8.12M allows it to safely service it's debt of $58.08M.
- There are more short-term liabilities than short-term assets on the AREC balance sheet.
- AREC earnings of $4.33M is not enough to cover its interest payments.
- AREC has a relatively high debt to equity ratio of 8.32.
- There are more long-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 2 Wall Street analysts who research AREC, the consensus analyst rating on AREC is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent AREC Analyst Forecasts
Heiko Ihle, a bottom 1% analyst from HC Wainwright & Co. reiterates AREC with a buy rating and maintains their AREC price target from $3.50 to $3.50, on Aug 16, 2023.
Mike Niehuser, a top 31% analyst from Roth MKM reiterates AREC with a strong buy rating and maintains their AREC price target from $5.00 to $5.00, on Jun 28, 2023.
You can dive deeper into what analysts are forecasting on the American Resources stock forecast page.
AREC Momentum
AREC Earnings
Last year, AREC earnings were $2.73M. Over the past 4 year, AREC's earnings have increased by -63.92% per year. This was slower than the Coking Coal industry average of 18.2%.
Last year, AREC revenue was $25.04M. During the last 5 year, AREC's revenue has grown by 0.7% per year. This was slower than the Coking Coal industry average of 10.12%.
Dig into AREC's earnings and revenue performance here.
What are AREC insiders up to?
Over the last year, executives and large shareholders at AREC have sold more shares than they have bought.
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.
Learn more about who owns AREC shares here.
Can I get consistent income from AREC stock?
No, American Resources doesn't provide an income stream by paying out dividends.
Get opinions from other investors
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Step 5: Execute your AREC buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.
Click the Open button and your broker will place the order.
If you want additional info about buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your AREC position
Now that you own some shares in AREC, you'll want to keep up with your new shares.
Make a watchlist to track the most important metrics related to your AREC stock.
AREC Feed
How to Buy Stock in American Resources
To summarize, here are the 6 steps to buy American Resources stock:
- Figure out where to buy American Resources stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Analyze American Resources stock
- Execute your AREC buy order
- Keep an eye on your AREC position
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in American Resources, add AREC to your watchlist below.
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