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Alpha Metallurgical Resources (AMR) Projected to Post Earnings on Friday

 

 

February 24, 2025 - Alpha Metallurgical Resources is expected to issue its quarterly earnings data before the market opens on Friday, February 28th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $658.20 million for the quarter. 


Alpha Metallurgical Resources Price Performance


NYSE:AMR traded up $4.32 during mid-day trading on Monday, reaching $158.02. 63,098 shares of the company's stock traded hands, compared to its average volume of 202,794. The company has a 50-day moving average price of $189.37 and a 200-day moving average price of $213.59. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 5.78 and a beta of 1.43. Alpha Metallurgical Resources has a 12-month low of $153.00 and a 12-month high of $452.00.


Insiders Place Their Bets


In other Alpha Metallurgical Resources news, Director Kenneth S. Courtis sold 10,621 shares of Alpha Metallurgical Resources stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $228.73, for a total transaction of $2,429,341.33. Following the sale, the director now directly owns 603,342 shares of the company's stock, valued at approximately $138,002,415.66. The trade was a 1.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 15.00% of the company's stock.


Analysts Set New Price Targets


Separately, Benchmark reissued a "hold" rating on shares of Alpha Metallurgical Resources in a research note on Monday, November 4th.


About Alpha Metallurgical Resources


Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.