# American Resources share price today (American Resources Corporation, AREC)

> American Resources Corporation's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. AREC · Materials · Coking Coal · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/arec

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## Key numbers

- Price: $1.06 (−72.5% in a year)
- P/E: 1.7×, against its own history
- Revenue (Sep 2025): $0
- Profit (Sep 2025): −$4.4 M

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the American Resources share price today? American Resources Corporation's share price was $1.06 at the close on 3 November 2026. That is 54.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between $1 and $4, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 9 weeks running. Over the last 1 year the share price moved −9% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does American Resources pay? American Resources Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is American Resources on? American Resources is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is American Resources profitable? American Resources Corporation posted a net loss of $4.4 M in the Sep 2025 quarter. The full FY24 year was a loss of $39.2 M. The same quarter a year earlier lost $11.1 M. 10 of the last 12 reported quarters were loss-making. ## How much revenue does American Resources make, and is it growing? American Resources Corporation reported $0 of revenue in the Sep 2025 quarter, −100.0% on the same quarter a year earlier. Over 3 years it has grown −83.6% a year on average. The last full year, FY24, came in at $34.0 K. FY24 revenue was $34.0 K, −99.7% on the year before. Recent pace: the last four quarters grew −9.3% on average, against −83.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −73.4%, against −89.4% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does American Resources keep? American Resources Corporation's sales have fallen to very little: FY24 revenue was $34.0 K, against $39.5 M in FY22. On sales that small an operating margin is not a useful reading, so this section is left out until sales recover. ## Is American Resources' profit turning into cash? American Resources Corporation's cash-flow history is too short to judge how much of its profit turns into cash. In FY24 its operations used $21.2 M of cash, against −$39.2 M of profit. After null of spending on assets, free cash was −$21.2 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does American Resources' cash go? American Resources Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $6.7 M on assets over the last 2 years. Averaged over those years that is 9,832.4% of FY24 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $6.7 M over the last 2 years. In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it. ## What is American Resources' P/E ratio, and how does it compare with its own history? American Resources Corporation's P/E is 1.7×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the American Resources business getting better or worse? American Resources Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 11 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does American Resources earn on its capital? American Resources Corporation earned a ROE of 48% in FY24. That is up from a low of −507% in FY22. Its return on capital used (ROIC) is left out: on sales this small it reads −28%, a number that says nothing useful about the business. ## Does American Resources have too much debt? American Resources Corporation has total debt of $20.2 M against shareholder equity of $93.2 M as of Dec 2025, so its debt is 0.22× its equity, which is very little. Year by year, that ratio went from −6.74 in FY21 to 0.22 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the American Resources shareholding pattern? 21.6% of American Resources Corporation's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 10.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is American Resources from balance-sheet trouble? For American Resources Corporation, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does American Resources rank in its industry? 34.4 out of 100, rank 5 of 5 in Coking Coal, with 41% of the evidence available. It is provisional, so it is ranked below companies with full evidence. American Resources Corporation scores 34.4 out of 100 against the 5 companies it is compared with in Coking Coal, ranking 5. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 16.8 + 6.8 + 10.8 + 0 = 34.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is American Resources compared with? American Resources ranks 5 of 5 Coking Coal companies on the 4-Factor Sector Score, with 34.4 out of 100. 1. [Warrior Met Coal, Inc.](https://www.sectoralpha.in/us/stocks/hcc) HCC · quiet · Most evidence points up · 85% evidence 75.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.0/35 · Revenue 37.5% · Profit 100% · Operating margin change 15.9 points · 95% evidence Capital efficiency 17.7/25 · ROCE 8.6% · Operating margin 18.5% · 76% evidence Valuation 11.7/20 · P/E 19.5× · PEG 1.21 · 65% evidence Relative strength 12.4/20 · Lead over its industry 15.5% · Lead over S&P 500 -13.4% · 1 year -0.7% · 100% evidence · 6 of 12 weeks ahead Exact sum: 34 + 17.7 + 11.7 + 12.4 = 75.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [SunCoke Energy, Inc.](https://www.sectoralpha.in/us/stocks/sxc) SXC · leader · Evidence leans up · 75% evidence 52.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.4/35 · Revenue 2.8% · Profit -174.3% · Operating margin change 2.8 points · 95% evidence Capital efficiency 11.8/25 · ROCE 3.1% · Operating margin 6.1% · 76% evidence Valuation 11.5/20 · P/E -12.5× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 66.3% · Lead over S&P 500 26.8% · 1 year 58.6% · 100% evidence · 11 of 12 weeks ahead Exact sum: 9.4 + 11.8 + 11.5 + 20 = 52.7 · What this means: Relative strength against the index is 26.8%, and revenue and profit growth are weak. 3. [Alpha Metallurgical Resources, Inc.](https://www.sectoralpha.in/us/stocks/amr) AMR · losing its lead · Evidence leans down · 67% evidence 42.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.8/35 · Revenue -12.9% · Profit n/a · Operating margin change -2.7 points · 71% evidence Capital efficiency 8.0/25 · ROCE -2.5% · Operating margin -2.9% · 76% evidence Valuation 10.0/20 · P/E 8.4× · PEG n/a · 15% evidence Relative strength 12.7/20 · Lead over its industry 5.6% · Lead over S&P 500 -21.5% · 1 year -9.9% · 100% evidence · 7 of 12 weeks ahead Exact sum: 11.8 + 8 + 10 + 12.7 = 42.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Ramaco Resources, Inc.](https://www.sectoralpha.in/us/stocks/metc) METC · basing · Most evidence points down · 67% evidence 29.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.6/35 · Revenue -17.6% · Profit n/a · Operating margin change -3.5 points · 71% evidence Capital efficiency 6.2/25 · ROCE -7.9% · Operating margin -12.6% · 76% evidence Valuation 8.5/20 · P/E 58.6× · PEG n/a · 15% evidence Relative strength 6.3/20 · Lead over its industry -38% · Lead over S&P 500 -54.8% · 1 year -72.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 8.6 + 6.2 + 8.5 + 6.3 = 29.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. American Resources Corporation this page AREC · quiet · Too little evidence to rank firmly · 41% evidence 34.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue n/a · Profit n/a · Operating margin change -2616381.8 points · 19% evidence Capital efficiency 6.8/25 · ROCE -13.6% · Operating margin n/a · 46% evidence Valuation 10.8/20 · P/E -4.2× · PEG n/a · 15% evidence Relative strength 0.0/20 · Lead over its industry -42.4% · Lead over S&P 500 -57.9% · 1 year -73.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 16.8 + 6.8 + 10.8 + 0 = 34.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Coking Coal](https://www.sectoralpha.in/us/sectors/coking-coal), all 5 compared on one page. ## Which companies are close to American Resources in size? American Resources is the 5th largest of 5 Coking Coal companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Warrior Met Coal, Inc., Alpha Metallurgical Resources, Inc., SunCoke Energy, Inc. and Ramaco Resources, Inc. It is the smallest. ### Coking Coal companies close in size

1. [Warrior Met Coal, Inc.](https://www.sectoralpha.in/us/stocks/hcc) $4.3 billion
2. [Alpha Metallurgical Resources, Inc.](https://www.sectoralpha.in/us/stocks/amr) $1.9 billion
3. [SunCoke Energy, Inc.](https://www.sectoralpha.in/us/stocks/sxc) $912 million
4. [Ramaco Resources, Inc.](https://www.sectoralpha.in/us/stocks/metc) $429 million
5. American Resources Corporation $114 million

[All 5 Coking Coal companies, largest first](https://www.sectoralpha.in/us/sectors/coking-coal#all-companies)

## What else do people ask about American Resources? ### What were American Resources's latest quarterly results? American Resources Corporation reported revenue of $0 and a net loss of $4.4 M for the Sep 2025 quarter. Earnings per share were −$0.05 (as of 3 November 2026). ### What is American Resources's market cap? American Resources Corporation's market capitalisation is $114 M at a stock price of $1.06. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is American Resources performing? American Resources Corporation's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 9 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will American Resources's stock price go up? This page does not forecast American Resources Corporation's stock price. What it shows instead: the stock price is $1.06. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### What could break the American Resources story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is American Resources a stock worth studying right now? What the numbers show: American Resources Corporation's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.