3 Years Ago
1 Min Read

Off goes AMR. The stock slid today. Some more information:



Shares of Alpha Metallurgical Resources Inc (AMR) are trading -7% lower at a price of $136.12 at the time of this writing. The stock is down for several reasons, one of which is that analysts are lowering their expectations for the company's future earnings.

That being said, Alpha Metallurgical Resources' cheap valuation makes it a good investment, despite its low earnings potential in the short term. Also, the capital allocation strategy set up by the company ensures that it will be able to grow quickly in the future.

Alpha Metallurgical Resources Inc has been trading between a 52-week high of $186.5 and a 52-week low of $24.36. The stock has a market cap of $2.55 Billion.

Alpha Metallurgical Resources is a Tennessee-based mining company with operations across Virginia and West Virginia. With customers across the globe, high-quality reserves and significant port capacity, Alpha reliably supplies metallurgical products to the steel industry.