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home / news releases / AREC - American Resources Corporation: Nowhere Near Being A Gold Mine

AREC - American Resources Corporation: Nowhere Near Being A Gold Mine

American Resources Corporation
  • It had consecutive years of net losses due to higher cost of goods sold alone against a low revenue dragging income.
  • Higher current and net liabilities present issues with liquidity and solvency.
  • Not advisable to invest in the stock as the company has a lot of challenges. AREC also needs to capitalize on its opportunities.
  • The stock price is currently under correction; gains from a high-move rally in February almost erased in correction from February to May 2021.

For further details see:

American Resources Corporation: Nowhere Near Being A Gold Mine
Stock Information
Company Name: American Resources Corporation
Stock Symbol: AREC
Market: OTC
Website: americanresourcescorp.com
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