Alpha Metallurgical Resources Inc. (NYSE:AMR) traded today at a new 52-week high of $80.84. This new high was reached on below average trading volume as 76,000 shares traded hands, while the average 30-day volume is approximately 316,000 shares.
Alpha Metallurgical Resources Inc is a Tennessee-based coal mining company with operations across Virginia and West Virginia. The company’s portfolio of mining operations consists of underground mines, surface mines and coal preparation plants. It produces low-ash metallurgical coal, including High-Vol. A, Mid-Vol., High-Vol. B, and Low-Vol. coal, which is shipped to domestic and international coke and steel producers. The reportable segments of the company are Met and CAPP – Thermal, of which key revenue is derived from the Met segment. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities.
Alpha Metallurgical Resources Inc. share prices have moved between a 52-week high of $80.84 and a 52-week low of $11.13 and are now trading 611% above that low price at $79.11 per share.
Alpha Metallurgical Resources Inc. has overhead space with shares priced $79.11, or 83.6% below the average consensus analyst price target of $483.32.
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