American Resources Corporation

American Resources Corporation

AREC
American Resources CorporationUS flagNASDAQ Capital Market
1.77
USD
+0.03
- -
189.34MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.08
0.18
26.28
8.97
1.02
0.04
0.14
0.6
0.16
- -
- -
- -
Basic EPS, GAAP
-0.38
-0.58
-0.86
-18.2
-3.71
-2.94
-0.35
-0.59
-0.02
-0.51
-0.51
- -
0.7
Free Cash Flow per Basic Share
-0.35
-0.13
-0.12
-7.34
-1
-0.81
-0.47
-0.53
0.04
-0.31
0.01
- -
-0.11
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.37
-0.69
-1.47
-53.03
-14.83
-5.11
-4.54
-3
-2.52
-3
-3.44
- -
-2.56
Tangible Book Value per Share
0.46
0.79
-0.09
-50.6
-2.62
-1.36
-0.68
-0.04
- -
-0.6
-1.05
- -
1.14
Basic Weighted Avg Shares
- -
1
1
1
4
24
29
55
66
75
77
- -
82
Sales/Revenue/Turnover
- -
- -
- -
21
32
24
1
8
39
12
- -
- -
- -
Operating Margin (%)
- -
-643.91
-210.84
-66.13
-39.03
-133.43
-1,552.09
-365.34
-60.79
-227.01
-41,734.72
- -
21,338.05
Depreciation Expense
- -
- -
- -
3
3
6
3
3
4
4
- -
- -
- -
Net Income, GAAP
- -
- -
-1
-14
-13
-71
-10
-33
-1
-39
-39
55
57
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-680.07
-487.28
-69.01
-40.95
-289.73
-967.81
-419.12
-3.66
-325.9
-114,811.14
- -
-114,609.95
Working Capital
- -
1
- -
-33
-22
-42
-10
-1
-15
-40
-74
73
73
LT Debt
- -
- -
- -
5
8
5
20
10
8
1
2
2
2
Total Equity
- -
1
- -
-40
-9
-33
-20
-2
- -
-45
-81
93
93
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-27.52
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
48
49
1
LT Borrowings
156
158
1
LT Finance Leases
22
22
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
84
86
107
Market Capitalization
66
221
203

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
10
9
134
Cash, Cash Equivalents & STI
2
2
72
Accounts Receivable, Net
- -
- -
59
Inventories
1
1
- -
Total Current Liabilities
82
84
61
Payables & Accruals
30
30
55
ST Debt
48
49
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3,974.19%
-3,248.8%
-215.17%
Free Cash Flow
359.48%
-466.11%
-1,220.26%
Net Income, GAAP
477.11%
489.26%
-241.66%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
9
2
6
- -
12
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.04
-0.1
-0.03
- -
-0.51
2024
-0.09
-0.14
-0.14
- -
-0.51
2025
-0.08
-0.1
-0.05
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Mark C. Jensen
Full Time Employees
7
Sector
Energy
Industry
Coal
Address
12115 Visionary Way Fishers IN United States of America 46038
IPO Date
Jun 30, 2017
Business
American Resources Corporation American Resources Corporation (NASDAQ: AREC), headquartered in Fishers, Indiana and founded in 2006, supplies raw materials solutions including battery metals, rare earth elements and carbon to the electrified economy, infrastructure, defense and commercial markets; the company operates through three principal segments comprising American Infrastructure Corporation (AIC), which extracts, processes, transports and distributes metallurgical coal to the steel industry; ReElement Technologies (RLMT), which refines recycled materials from permanent magnets and lithium-ion batteries alongside concentrated ores, brines and coal waste streams into separated and purified rare earth oxides such as neodymium, praseodymium, dysprosium, terbium, gadolinium and yttrium, as well as critical battery minerals including lithium, cobalt and nickel; and Electrified Materials Corporation (EMC), which aggregates and recycles used metals into steel-based products. American Resources Corporation maintains operations across the United States, with key refining facilities in Noblesville and Marion, Indiana, targeting infrastructure developers, electrification supply chains, steelmakers and advanced manufacturers in North America. The company sources critical minerals from over 120 million tons of permitted coal waste deposits in Kentucky and West Virginia, leveraging environmentally sustainable extraction technologies that minimize chemical use and repurpose mining liabilities into high-purity outputs exceeding 99.9%. Recent developments include the October 2025 closing of a $33 million PIPE financing and a subsequent $40 million private placement to accelerate rare earth mine development from coal waste; the November 2025 completion of a merger with American Infrastructure Corporation; a $1.4 billion partnership announced in November 2025 between ReElement Technologies, Vulcan Elements and the U.S. Department of War's Office of Strategic Capital, providing $700 million in matched loans ($620 million to Vulcan and $80 million to ReElement) to build domestic rare earth magnet production capacity up to 10,000 metric tons annually of neodymium-iron-boron magnets; a strategic alliance in November 2025 with TMK LLC of Uzbekistan for tungsten concentrates refining and future expansion into germanium, lithium and rare earths; long-term offtake agreements with POSCO International for rare earth oxides and ERI for recycled magnet processing; and expansions of Noblesville refining capacity by 141% to over 200 metric tons annually alongside Marion Supersite scaling to 2,500-3,500 metric tons per year of magnet-grade materials.

Company News

APIChatGPT
  • Analyzing American Resources (NASDAQ:AREC) and Western Uranium (OTCMKTS:WSTRF)

  • Nasdaq leads Wall Street higher with Tesla, Alphabet earnings on deck

  • American Resources' ReElement unit expands workforce ahead of Indiana commissioning

  • ReElement Technologies Rapidly Expands Workforce to Support Accelerating Demand for U.S. Rare Earth and Critical Mineral Refining

  • Nasdaq posts weekly loss after chip rout, Netflix miss weighs on sentiment

  • Uber’s Delivery Hero deal could strengthen cross-platform strategy

  • AREC's ReElement Gets $25M to Expand Domestic Rare Earth Refining Hub

  • American Resources subsidiary Electrified Materials closes $9.5M private placement

  • American Resources' Electrified Materials Announces Closing of its Previously Announced Private Placement for Gross Proceeds of $9.5 Million

  • UnitedHealth Group boosts earnings outlook after stronger-than-expected Q2 results

  • American Resources affiliate ReElement tapped for NSF critical materials consortium

  • U.S National Science Foundation Selects Critical Materials Crossroads Engine for up to $160 Million; ReElement Technologies Named Industry Partner

  • Nasdaq continues rally as PayPal climbs on bid, BlackRock earnings impress

  • Dow pokes ahead, Nasdaq higher after soft CPI and good bank earnings offset IBM shocker

  • Ecommerce earnings could provide catalyst for sector gains, Jefferies says

  • American Resources' ReElement Technologies receives $25M US investment to expand rare earth refining capacity

  • ReElement Technologies Announces $25 Million Department of War Investment to Expand U.S. Critical Mineral Refining Capacity

  • American Resources Chosen by U.S. DOE for Rare Earth Recovery Pilot

  • Meta to build C$13 billion AI data centre in Alberta, its first in Canada

  • Netflix heads into Q2 earnings as Jefferies sees limited upside catalyst