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.
https://www.tipranks.com/news/article/arch-resources-the-ride-isnt-over-just-yet?utm_source=advfn.com&utm_medium=referral
Arch Resources (NYSE:ARCH)
Graphique Historique de l'Action
De Avr 2022 à Mai 2022 Plus de graphiques de la Bourse Arch Resources
Arch Resources (NYSE:ARCH)
Graphique Historique de l'Action
De Mai 2021 à Mai 2022 Plus de graphiques de la Bourse Arch Resources