Alpha Metallurgical Resources, which can be found using ticker (AMR) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 210 and 199 calculating the average target price we see $204.50. Now with the previous closing price of $155.87 this now indicates there is a potential upside of 31.2%. Also worth taking note is the 50 day moving average now sits at $161.25 and the 200 moving average now moves to $153.59. The market capitalization for the company is $2,412m. Visit the company website at: https://www.alphametresources.com
The potential market cap would be $3,165m based on the market consensus.
Alpha Metallurgical Resources, 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 and changed its name to Alpha Metallurgical Resources in February 2021. Alpha Metallurgical Resources was incorporated in 2016 and is headquartered in Bristol, Tennessee.
The company has a dividend yield of 1.13% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 2, revenue per share of 234.5 and a 47.86% return on assets.
