Arch Resources: The Ride Isn’t Over Just Yet
10 Décembre 2021 - 05:19PM
TipRanks
Arch resources (ARCH) is a thermal and metallurgical coal producer.
The company operates various open-pit and underground mines
throughout America. I am bullish on the stock. (See Analysts’ Top
Stocks on TipRanks) Recent Performance and Tailwinds Arch Resources
stock has almost doubled in value (year-over-year) as coal prices
were sent flying. The past year has seen a recovery in the coal
space as voids in the global energy mix had to be filled amid
supply-chain disruptions. Arch also produces high-quality coking
coal, which directly correlates with the steel industry that saw
strong recoveries as well during 2021 as prices rose sharply.
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Arch Resources (NYSE:ARCH)
Graphique Historique de l'Action
De Avr 2022 à Mai 2022
Arch Resources (NYSE:ARCH)
Graphique Historique de l'Action
De Mai 2021 à Mai 2022