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Alpha Metallurgical Resources Inc (NYSE: AMR) is known as a leading American coal supplier, and over the past year, delivered shocking returns for bullish traders and investors.
Since March 2021, Alpha Metallurgical stock’s 1-year return has outperformed several of the world’s most popular pharmaceutical, telecommunications stocks and cryptocurrencies: Moderna Inc (NASDAQ: NASDAQ:MRNA), Catalyst Pharmaceuticals Inc (NASDAQ: CPRX), Globalstar, Inc. (NASDAQ: GSAT) and Dogecoin (CRYPTO: DOGE).
Alpha Metallurgical is a Tennessee-based coal mining company with operations across Virginia and West Virginia. The company's portfolio of mining operations consists of underground mines, surface mines and coal preparation plants.
Alpha Metallurgical extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers and electric utilities. Alpha Metallurgical was incorporated in 2016 and is headquartered in Bristol, Tennessee.
Here's how the returns break down from March 2021 to present:
Also Read: This Emissions Cleanup Company Wants To Make Solving The Coal Ash Crisis Profitable
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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