Trade American Resources Corporation - AREC CFD

Trading Conditions

• Spread: 0.0286
• Long position overnight feeLong position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position-0.026179 %(-US$1.05)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: -0.026179%
• Short position overnight feeShort position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position0.003957 %(US$0.16)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: 0.003957%
• Overnight fee time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20
• Stock exchange: United States of America
• Commission on trade: 0%

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: -0.026179 %
  (-US$1.05)

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: 0.003957 %
  (US$0.16)

Key Stats

• Prev. Close: 1.4157
• Open: 1.4257
• 1-Year Change: 20.18%
• Day's Range: 1.3857 - 1.4257

American Resources Corporation Company profile

About REX American Resources Corp

Rex American Resources Corporation is a holding company. The Company operates through two segments: ethanol and by-products, and refined coal. The Company operates through its subsidiaries, including One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen), and Big River Resources, LLC (Big River). The ethanol and by-products segment is engaged in selling of ethanol, distillers grains and non-food grade corn oil. The Company operates this segment through three companies. Refined coal segment is engaged in refined coal. The Company operates this segment through one refined coal limited liability company.

Financial summary

BRIEF: For the fiscal year ended 31 January 2022, REX American Resources Corp revenues increased from $372.7M to $774.8M. Net income before extraordinary items increased from $1.9M to $47.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Equity in income of unconsolidated affil increase from $500K to $6.6M (income).

Equity composition

Common Stock $.01 Par, 01/11, 45,000,000 auth., 29,853,000 issd., less 20,461,000 shs. in Tres. @ $193.7M. Insiders own 32.27%. PO 5/94, 2M shares (1.3M by Company) @ $16.125 byPrudential Secs. PO 5/93, 2M shares @ $14.25 by Prudential Secs. PO 9/99, 2.4M shs (1.5M by Co.) @ $32 by Salomon Smith Barney.