American Resources (NASDAQ:AREC)‘s stock had its “buy” rating restated by Maxim Group in a report issued on Wednesday, AnalystRatings.com reports. They presently have a $1.50 price objective on the stock. Maxim Group’s price target indicates a potential upside of 150.00% from the stock’s current price.
Shares of AREC traded down $0.03 during trading hours on Wednesday, hitting $0.60. The stock had a trading volume of 90,000 shares, compared to its average volume of 40,397. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.12 and a current ratio of 0.12. American Resources has a 1-year low of $0.48 and a 1-year high of $14.00.
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