Revealing a significant insider sell on May 15, Lee Roger Nicholson, CAO at Alpha Metallurgical (NYSE:AMR), as per the latest SEC filing.
What Happened: Nicholson’s recent move involves selling 3,593 shares of Alpha Metallurgical. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value is $1,042,549.
Alpha Metallurgical’s shares are actively trading at $287.62, experiencing a down of 0.69% during Thursday’s morning session.
All You Need to Know About Alpha Metallurgical
Alpha Metallurgical Resources Inc 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. It produces low-ash metallurgical coal, including High-Vol. A, Mid-Vol., High-Vol. B, and Low-Vol. coal, which is shipped to domestic and international coke and steel producers. The reportable segments of the company are Met. It 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.
Breaking Down Alpha Metallurgical’s Financial Performance
Decline in Revenue: Over the 3 months period, Alpha Metallurgical faced challenges, resulting in a decline of approximately -5.18% in revenue growth as of 31 March, 2024. This signifies a reduction in the company’s top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Materials sector.
Key Insights into Profitability Metrics:
Gross Margin: Achieving a high gross margin of 20.07%, the company performs well in terms of cost management and profitability within its sector.
Earnings per Share (EPS): Alpha Metallurgical’s EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 9.77.
Debt Management: Alpha Metallurgical’s debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.01.
Market Valuation:
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 6.92 is lower than the industry average, indicating potential undervaluation for the stock.
Price to…
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