| American Resources operates through subsidiaries for the purpose of acquiring, rehabilitating and operating various natural resource assets including coal, oil and natural gas. Co.'s subsidiary, Quest Energy Inc, has the following coal mining and processing operating subsidiaries: McCoy Elkhorn Coal LLC, Knott County Coal LLC, Deane Mining, LLC, Wyoming County Coal LLC, Quest Processing LLC, and Perry County Resources LLC located in eastern Kentucky and western West Virginia within the Central Appalachian coal basin, and ERC Mining Indiana Corporation located in southwest Indiana within the Illinois coal basin. The AREC average annual return since 2017 is shown above.
The Average Annual Return on the AREC average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether AREC average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AREC average annual return calculation with any dividends reinvested as applicable (on ex-dates).