Alpha Metallurgical Resources, which can be found using ticker (AMR) have now 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 210 and 199 and has a mean target at $204.50. Given that the stocks previous close was at $163.73 this indicates there is a potential upside of 24.9%. The day 50 moving average is $161.20 and the 200 moving average now moves to $153.38. The company has a market cap of $2,365m. Visit the company website at: https://www.alphametresources.com
The potential market cap would be $2,953m based on the market consensus.
Alpha Metallurgical Resources, Inc., a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. As of December 31, 2022, it operated twenty four active mines and eight 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. Alpha Metallurgical Resources, Inc. was incorporated in 2016 and is headquartered in Bristol, Tennessee.
The company has a dividend yield of 1.07% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 2.11, revenue per share of 234.5 and a 47.86% return on assets.
