tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Major Shareholder Sells Massive Stake in American Resources!

Major Shareholder Sells Massive Stake in American Resources!

New insider activity at American Resources ( (AREC) ) has taken place on August 1, 2025.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Significant shareholder GOLDEN PROPERTIES LTD. has offloaded 1,000,000 shares of American Resources stock, amounting to a transaction value of $1,120,000.

Recent Updates on AREC stock

American Resources’ ReElement Technologies has announced several strategic developments, including a Memorandum of Understanding with the American Samoa Economic Development Authority to explore a critical mineral refinery focusing on deep sea nodules. This initiative aims to establish a sustainable, non-China critical mineral supply chain in the U.S. Additionally, ReElement has entered into a collaboration with Blackion to create a vertically integrated supply chain for lithium-ion battery recycling, emphasizing domestic production and refining of battery-grade lithium carbonate. These partnerships are part of a broader strategy to enhance the U.S. critical mineral value chain and reduce reliance on foreign sources. The company also reaffirmed its compliance with Nasdaq listing standards and expanded its team with key hires to support its growth initiatives.

Spark’s Take on AREC Stock

According to Spark, TipRanks’ AI Analyst, AREC is a Neutral.

The overall stock score is primarily driven by significant financial instability, characterized by high leverage and poor cash flow generation. Although technical indicators show some positive momentum, the financial challenges and negative valuation metrics weigh heavily on the overall score.

To see Spark’s full report on AREC stock, click here.

More about American Resources

YTD Price Performance: 69.70%

Average Trading Volume: 1,773,605

Technical Sentiment Signal: Buy

Current Market Cap: $92.15M

Disclaimer & DisclosureReport an Issue

1