Alpha Metallurgical Resources, – Consensus Indicates Potential 23.1% Upside

Broker Ratings
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Alpha Metallurgical Resources, with ticker code (AMR) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 202 and 200 with the average target price sitting at 201. Given that the stocks previous close was at 163.3 this indicates there is a potential upside of 23.1%. The 50 day moving average now sits at 157.01 and the 200 day moving average is 151.03. The market capitalisation for the company is $2,485m. Company Website: https://www.alphametresources.com

The potential market cap would be $3,059m based on the market concensus.

Alpha Metallurgical Resources, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. As of December 31, 2021, it operated twenty 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.

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