Maxim Group began coverage on shares of American Resources (NASDAQ:AREC) in a research report released on Tuesday, BenzingaRatingsTable reports. The firm issued a buy rating and a $1.50 price target on the stock.
Shares of American Resources stock traded down $0.05 on Tuesday, hitting $0.75. 49,111 shares of the company were exchanged, compared to its average volume of 139,529. American Resources has a 1-year low of $0.48 and a 1-year high of $14.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.12 and a current ratio of 0.12.
About American Resources
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