American Resources Corporation

American Resources Corporation

AREC
American Resources CorporationUS flagNASDAQ Capital Market
2.43
USD
-0.01
- -
259.94MMarket Cap
American Resources Corporation
AREC
(NASDAQ Capital Market)

Recent

price

2.43

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
0.08
0.18
26.28
8.97
1.02
0.04
0.14
0.6
0.16
- -
- -
- -
Revenue per Share
-0.38
-0.58
-0.86
-18.2
-3.71
-2.94
-0.35
-0.59
-0.02
-0.51
-0.51
- -
0.7
Basic EPS, GAAP
-0.35
-0.13
-0.12
-7.34
-1
-0.81
-0.47
-0.53
0.04
-0.31
0.01
- -
-0.11
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.46
0.62
-0.17
-45.39
-0.52
-1.19
-0.49
-0.04
- -
-0.57
-1.02
0.89
0.89
Book Value per Share
0.46
0.05
-0.17
-45.39
-0.52
-1.19
-0.49
-0.04
- -
-0.57
-1.02
0.89
0.89
Tangible Book Value per Share
- -
1
1
1
4
24
29
55
66
75
77
- -
82
Basic Weighted Avg Shares
- -
- -
- -
21
32
24
1
8
39
12
- -
- -
- -
Sales/Revenue/Turnover
- -
-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
Operating Margin (%)
- -
- -
- -
3
3
6
3
3
4
4
- -
- -
- -
Depreciation Expense
- -
- -
-1
-14
-13
-71
-10
-33
-1
-39
-39
55
57
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-680.07
-487.28
-69.01
-40.95
-289.73
-967.81
-419.12
-3.66
-325.9
-114,811.14
- -
-114,609.95
Profit Margin (%)
- -
1
- -
-33
-22
-42
-10
-1
-15
-40
-74
73
73
Working Capital
- -
- -
- -
5
8
5
20
10
8
1
2
2
2
LT Debt
- -
1
- -
-40
-9
-33
-20
-2
- -
-45
-81
93
93
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
700.09
Return on Capital (%)
- -
-134.98
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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
70
232
265

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
- -
- -
- -
- -
- -
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

  • American Resources joins Critical Minerals Institute – ICYMI

  • Adobe stock drops on surprise CEO transition

  • American Resources joins Critical Minerals Institute as inaugural platinum member

  • American Resources Corporation Joins Critical Minerals Institute as its First Platinum Member

  • American Resources Provides Update Regarding Nasdaq Filing Compliance Process

  • Futures flat as traders brace for inflation data and Nvidia

  • American Resources to participate in defense and Africa critical minerals conferences

  • American Resources Corporation and ReElement Technologies Corporation to Participate in Defense and International Critical Minerals Conferences This Week

  • American Resources' ReElement adds seven executives

  • Bitmine Immersion shares jump over 7% as crypto holdings reach $14.9B

  • ReElement Technologies Strengthens Commercial Operations Team as Marion Rare Earth and Critical Mineral Refining Campus Advances

  • American Resources Corp options imply 5.7% move in share price post-earnings

  • AREC Secures Air Permit for Four Production Lines at Marion Supersite

  • American Resources' ReElement wins air permit for Indiana rare earths plant

  • ReElement Technologies Receives Air Permits for Marion, Indiana Rare Earth and Critical Mineral Refinery

  • Wall Street to mark time ahead of producer prices print

  • American Resources' ReElement CTO named recipient of Purdue Engineering 38 by 38 Award

  • ReElement Technologies CTO Yi Ding Named a 2026 Purdue Engineering 38 by 38 Award Recipient

  • Super Micro Computer beats on earnings as margins surge

  • American Resources CEO joins Trump-hosted mining roundtable in Washington