American Resources operates through subsidiaries for the purpose of acquiring, rehabilitating and operating various natural resource assets including coal used in the steel making and industrial markets, rare earth elements used in the electrification economy and aggregated metal and steel products used in the recycling industries. The coal deposits under control by Co. are generally comprise of metallurgical coal (used for steel making), pulverized coal injections (used in the steel making process) and high-BTU, low sulfur, low moisture bituminous coal used for a variety of uses within several industries, including industrial customers and specialty products. We show 23 historical shares outstanding datapoints in our AREC shares outstanding history coverage, used to compute AREC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AREC market cap history over the course of time is important for investors
interested in comparing AREC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AREC versus a peer is one thing; comparing
AREC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AREC can fluctuate over the course of history.
With this page we aim to empower investors researching AREC by allowing them to research the AREC market cap history. |
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Video: The Importance of Market Cap
