Alpha Metallurgical Resources (AMR) Expected to Announce Earnings on Friday

Alpha Metallurgical Resources (NYSE:AMR - Get Free Report) is expected to announce its earnings results before the market opens on Friday, February 28th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $658.20 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Alpha Metallurgical Resources Stock Down 4.7 %

Shares of Alpha Metallurgical Resources stock traded down $7.62 during trading hours on Friday, reaching $153.55. 289,367 shares of the stock traded hands, compared to its average volume of 207,142. The company has a 50 day moving average price of $190.87 and a 200 day moving average price of $214.80. Alpha Metallurgical Resources has a one year low of $153.00 and a one year high of $452.00. The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of 5.63 and a beta of 1.43.

Insider Buying and Selling

In other Alpha Metallurgical Resources news, Director Kenneth S. Courtis sold 10,621 shares of the firm's stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $228.73, for a total value of $2,429,341.33. Following the transaction, the director now directly owns 603,342 shares of the company's stock, valued at $138,002,415.66. This trade represents a 1.73 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 15.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Benchmark reiterated a "hold" rating on shares of Alpha Metallurgical Resources in a research report on Monday, November 4th.

Alpha Metallurgical Resources Company Profile

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.