Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI Summary - About
American Resources Corp Class A(AREC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for AREC
11/10/2026: AREC (1-star) is currently NOT-A-BUY. Pass it for now.
American Resources Corp is a diversified natural resource company that has transitioned from a traditional metallurgical coal producer into a developer of critical mineral processing technologies. The company's primary investment story centers on its subsidiary, ReElement Technologies, which aims to lead in the sustainable recovery of rare earth and battery elements. While this shift offers significant long-term growth potential in the electrification market, investors should remain cautious regarding the high execution risks, capital requirements, and ongoing reliance on volatile coal prices. The stock is best suited for risk-tolerant investors looking for exposure to domestic mineral supply chains, though the company currently pays no dividends and faces significant competition from established mining giants.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Investors must weigh the speculative nature of the technology subsidiary against core coal operations. |
| Momentum investor | Strong fit while signal remains positive | The stock can exhibit high beta and sharp price movements driven by news regarding mineral processing contracts. |
| Value investor | Weak fit | The company's earnings profile is inconsistent and heavily tied to speculative growth projects. |
| Dividend investor | Weak fit | The company pays no dividend and is in a capital-intensive development phase. |
| Low-risk investor | Weak fit | High volatility and operational risks make this unsuitable for conservative portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Commodity prices and speculative technology trends drive large swings in valuation. |
| Valuation risk | Medium / high | Valuation is sensitive to the success of future technology commercialization rather than current cash flows. |
| Competition risk (rare earth and coal) | High | AREC faces entrenched competition in both its traditional mining and new technology segments. |
| Business quality | Medium | The business model is transitioning; consistency is not yet established. |
| Dividend income | Low / none | Capital is reinvested into operations rather than distributed to shareholders. |
| Execution risk | High | Scaling complex refining technologies involves significant operational hurdles. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit -58.92% | Avg. Invested days 14 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/10/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 125.16M USD | Price to earnings Ratio - | 1Y Target Price 6 |
Price to earnings Ratio - | 1Y Target Price 6 | ||
Volume (30-day avg) 2.2M shares | Beta 1.12 | 52 Weeks Range 0.91 - 4.73 | Updated Date 11/09/2026 |
52 Weeks Range 0.91 - 4.73 | Updated Date 11/09/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.2 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Metallurgical Coal | Sale of coal to steel producers. | Provides steady but cyclical cash flow to fund technology development. |
| Rare Earth Elements (ReElement) | Processing and recovery of critical minerals. | The high-growth potential segment focused on the electric vehicle supply chain. |
Valuation
Trailing PE - | Forward PE 2.75 | Enterprise Value 48.69M | Price to Sales(TTM) 1082.72 |
Enterprise Value 48.69M | Price to Sales(TTM) 1082.72 | ||
Enterprise Value to Revenue 2992.24 | Enterprise Value to EBITDA -8.88 | Shares Outstanding 106.97M | Shares Floating 86.13M |
Shares Outstanding 106.97M | Shares Floating 86.13M | ||
Percent Insiders 19.24 | Percent Institutions 26.54 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.