Alpha Metallurgical Resources, – Consensus Indicates Potential 62.0% Upside

Broker Ratings
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Alpha Metallurgical Resources, with ticker code (AMR) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 215 and 182 with the average target price sitting at 198.5. With the stocks previous close at 122.51 this is indicating there is a potential upside of 62.0%. The 50 day MA is 148.86 while the 200 day moving average is 99.52. The market capitalisation for the company is $2,404m. Find out more information at: https://www.alphametresources.com

The potential market cap would be $3,895m 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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