Alpha Metallurgical Resources, – Consensus Indicates Potential 40.6% Upside

Broker Ratings

Alpha Metallurgical Resources, with ticker code (AMR) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 191 and 189 calculating the average target price we see 190. Given that the stocks previous close was at 135.16 this is indicating there is a potential upside of 40.6%. The day 50 moving average is 142.5 and the 200 moving average now moves to 119.06. The company has a market cap of $2,263m. Company Website: https://www.alphametresources.com

The potential market cap would be $3,181m based on the market concensus.

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Alpha Metallurgical Resources, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. As of December 31, 2021, it operated twenty active mines and eight coal preparation and load-out facilities. The company was formerly known as Contura Energy and changed its name to Alpha Metallurgical Resources in February 2021. Alpha Metallurgical Resources was incorporated in 2016 and is headquartered in Bristol, Tennessee.

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