Monty Rakusen Introduction Arch Resources ( NYSE: ARCH ) is one of the major US coal miners. The company produces thermal and metallurgical coal. The 3Q24 results were published yesterday.
Revenues and profits declined YoY. The 3Q24 figures are a $6.2 million net loss, $44.
2 million adjusted Analyst’s Disclosure: I/we have a beneficial long position in the shares of ARCH either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha).
I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor.
Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
.
Business