Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-13.25%
0%
-13.25%
6 Months
116.19%
0%
116.19%
1 Year
109.71%
0%
109.71%
2 Years
51.05%
0%
51.05%
3 Years
77.05%
0%
77.05%
4 Years
14.89%
0%
14.89%
5 Years
32.52%
0%
32.52%
American Resources Corp. (Indiana) for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
-48.25%
EBIT Growth (5y)
-7.30%
EBIT to Interest (avg)
-9.36
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-2.36
Sales to Capital Employed (avg)
0.44
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
10.91%
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
-0.63
EV to EBIT
-7.40
EV to EBITDA
-9.08
EV to Capital Employed
2.20
EV to Sales
254.20
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-29.77%
ROE (Latest)
Negative BV
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Shareholding Snapshot : Mar 2025
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 7 Schemes (5.42%)
Foreign Institutions
Held by 10 Foreign Institutions (0.26%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-5.50
-3.50
-57.14%
Interest
2.10
1.80
16.67%
Exceptional Items
-0.10
-0.10
Consolidate Net Profit
-8.70
-6.70
-29.85%
Operating Profit Margin (Excl OI)
-506,246.10%
-154,234.80%
-35,201.13%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is 0.00% vs 0.00% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is -29.85% vs 63.39% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
0.40
13.20
-96.97%
Operating Profit (PBDIT) excl Other Income
-27.20
-22.20
-22.52%
Interest
8.00
2.00
300.00%
Exceptional Items
-0.20
-11.10
98.20%
Consolidate Net Profit
-40.20
-38.70
-3.88%
Operating Profit Margin (Excl OI)
-86,757.40%
-2,027.80%
-8,472.96%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -96.97% vs -66.58% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -3.88% vs -2,664.29% in Dec 2023
About American Resources Corp. (Indiana) 
American Resources Corp. (Indiana)
Miscellaneous
American Resources Corporation is a supplier of raw materials to the global infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where metallurgical carbon deposits are concentrated. The Company’s mining operations include McCoy Elkhorn Coal, Deane Mining, Knott County Coal, Gold Star Mine and Wyoming County Coal. McCoy Elkhorn Coal mines and sells metallurgical carbon. Deane Mining produces and sells pulverized coal injection (PCI) products to the steel industry. Knott County Coal mines and sells PCI and industrial product to the infrastructure industry. Gold Star Mine consists of a box-cut underground mine. Wyoming County Coal is a mid vol and high vol metallurgical carbon complex with an onsite preparation plant and rail loadout on the Norfolk Southern railroad.
Company Coordinates 
Company Details
12115 VISIONARY WAY, SUITE 174 , FISHERS IN : 46038
Registrar Details






