AMR - Lee Roger Nicholson Executes Sell Order: Offloads $1.04M In Alpha Metallurgical Stock | Benzinga
Revealing a significant insider sell on May 15, Lee Roger Nicholson, CAO at Alpha Metallurgical (NYSE:AMR), as per the latest SEC filing.
What Happened: Nicholson's recent move involves selling 3,593 shares of Alpha Metallurgical. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value is $1,042,549.
Alpha Metallurgical's shares are actively trading at $287.62, experiencing a down of 0.69% during Thursday's morning session.
All You Need to Know About Alpha Metallurgical
Alpha Metallurgical Resources Inc is a Tennessee-based coal mining company with operations across Virginia and West Virginia. The company's portfolio of mining operations consists of underground mines, surface mines and coal preparation plants. It produces low-ash metallurgical coal, including High-Vol. A, Mid-Vol., High-Vol. B, and Low-Vol. coal, which is shipped to domestic and international coke and steel producers. The reportable segments of the company are Met. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities.
Breaking Down Alpha Metallurgical's Financial Performance
Decline in Revenue: Over the 3 months period, Alpha Metallurgical faced challenges, resulting in a decline of approximately -5.18% in revenue growth as ...