Alliance Resource Partners L.P. (NASDAQ:ARLP) traded today at a new 52-week high of $16.14. So far today approximately 253,000 shares have been exchanged, as compared to an average 30-day volume of 649,000 shares.
Based on a current price of $15.97, Alliance Resource Partners L.P. is currently 0.4% above its average consensus analyst price target of $15.91.
Alliance Resource Partners LP operates as a coal mining company based in the United States. It has four segments Illinois Basin, Appalachia, Oil & Gas Royalties and Coal Royalties. The Illinois Basin comprises underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia and it makes up for most of the company’s revenue-generating operations. The Appalachia segment comprises the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining mining complex. The Oil & Gas Royalties has oil & gas mineral interests held by AR Midland and AllDale I & II and includes Alliance Minerals’ equity interests in both AllDale III and Cavalier Minerals. The Coal Royalties has includes coal mineral reserves and resources owned or leased by Alliance Resource Properties.
Alliance Resource Partners L.P. share prices have moved between a 52-week high of $16.14 and a 52-week low of $5.33 and are now trading 200% above that low price at $15.97 per share.
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