Latest revenue
$50.2K
as of 2025-09-30
Latest net income
$-6.3M
as of 2025-09-30
Net margin
-12564.1%
as of 2025-09-30
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $231.1M
- Enterprise value
- $231.1M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $7.11
- 52-wk low
- $0.61
- Beta
- —
- Shares out
- 107.0M
5-year trend
About AREC
Business description and risk factors will appear here once AREC's latest filing is fully ingested.
Profitability
Operating margin
-68.2%
12.2%Net margin
-3.7%
99.1%Return on equity
61.6%
95.6%Return on assets
-2.6%
96.6%Leverage
Debt / equity
408.87×
1745.9%Long-term debt / equity
197.25×
6389.9%Debt / assets
99.8%
4.3%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q3 2025 2025-09-30 | $50.2K | -78.7% | $-6.3M | +29.2% | -12564.1% |
Q3 2024 2024-09-30 | $235.4K | -90.7% | $-8.9M | -1342.3% | -3780.7% |
Q2 2024 2024-06-30 | $4.1K | -99.8% | $-6.6M | -561.6% | -161540.6% |
Q3 2023 2023-09-30 | $2.5M | — | $-617.2K | — | -24.3% |
Q2 2023 2023-06-30 | $2.0M | — | $-999.9K | — | -50.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Silver Ores · SIC 1220
Your notes
Keep private notes on AREC — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$2.4M
Insider selling
$10.8M
Net activity
−$8.4M
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns AREC
Institutional value
$23.2M
Total shares held
10.4M
Distinct holders
40
-42 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 3.8M | $9.2M | — | New |
| 2 | BlackRock, Inc. | 1.7M | $4.1M | +294.3K (+20.8%) | Added |
| 3 | CITIGROUP INC | 1.5M | $3.6M | +1.4M (+1495.5%) | Added |
| 4 | UBS Group AG | 819.5K | $2.0M | +188.7K (+29.9%) | Added |
| 5 | Connor, Clark & Lunn Investment Management Ltd. | 529.6K | $1.3M | — | New |
| 6 | VANGUARD FIDUCIARY TRUST CO | 456.5K | $1.1M | — | New |
| 7 | JANE STREET GROUP, LLC | 103.1K | $249.4K | -337.8K (-76.6%) | Trimmed |
| 8 | Universal- Beteiligungs- und Servicegesellschaft mbH | 100.0K | $242.0K | — | New |
| 9 | IMC-Chicago, LLC | 80.8K | $195.5K | — | New |
| 10 | Hudson Bay Capital Management LP | 60.2K | $145.6K | +22.6K (+60.1%) | Added |
| 11 | NOVARE CAPITAL MANAGEMENT LLC | 50.0K | $121.0K | +0 (+0.0%) | No change |
| 12 | BLAIR WILLIAM & CO/IL | 38.3K | $92.6K | +1.0K (+2.7%) | Added |
| 13 | Vanguard Global Advisers, LLC | 35.4K | $85.7K | — | New |
| 14 | LPL Financial LLC | 34.3K | $83.0K | +3.3K (+10.6%) | Added |
| 15 | Kestra Advisory Services, LLC | 31.5K | $76.2K | -71.5K (-69.4%) | Trimmed |
| 16 | THOMPSON INVESTMENT MANAGEMENT, INC. | 27.5K | $66.5K | +0 (+0.0%) | No change |
| 17 | Ethos Financial Group, LLC | 26.5K | $65.6K | +0 (+0.0%) | No change |
| 18 | Creative Planning | 26.7K | $64.6K | -4.0K (-13.0%) | Trimmed |
| 19 | PFG Investments, LLC | 24.1K | $58.3K | -11.3K (-31.9%) | Trimmed |
| 20 | State of Wyoming | 21.3K | $51.7K | +8.3K (+63.9%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once AREC's latest filing finishes processing.