ReElement Technologies (AREC, Financial) has teamed up with Ivy Tech Community College of Indiana to enhance workforce development, an initiative funded by the U.S. Department of Labor's Apprenticeship Building America Grant Program. The collaboration aims to boost apprenticeship opportunities, especially for underserved communities in Indiana. By joining forces, ReElement will contribute to the design and execution of training programs that meet the demands of advanced manufacturing and clean energy industries in the region.
ReElement will also help shape the labor market strategy to ensure that apprenticeship curricula align with the skills needed by employers. Throughout the program, the company will support apprentices by enhancing their employment capabilities and helping them overcome barriers to secure successful careers in their chosen fields.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for American Resources Corp (AREC, Financial) is $4.00 with a high estimate of $4.00 and a low estimate of $4.00. The average target implies an upside of 497.10% from the current price of $0.67. More detailed estimate data can be found on the American Resources Corp (AREC) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, American Resources Corp's (AREC, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for American Resources Corp (AREC, Financial) in one year is $0.02, suggesting a downside of 97.01% from the current price of $0.6699. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the American Resources Corp (AREC) Summary page.
