AMERICAN RESOURCES CORP (AREC)
American Resources Corporation (AREC) is a mining and environmental services company focused on the extraction and processing of vital raw materials used in the steel, energy, and technology sectors. The company emphasizes sustainable practices and the development of sustainable supply chains for critical minerals, including rare earth elements, cobalt, and other strategic metals essential for modern industries.
Company News
American Resources Corporation announced a private placement deal to sell 7,843,138 shares at $5.10 per share, expecting to raise approximately $40 million in gross proceeds, which drove its stock price up 3.18% in after-hours trading.
Denison Mine reported a quarterly loss of $0.01 per share, in line with the Zacks Consensus Estimate. The company's revenues of $0.97 million surpassed the consensus estimate by 21.13%. The stock has underperformed the S&P 500 so far this year.
Arecor Therapeutics plc(“Arecor” or “the Company”)
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