

Audited annual filings, TTM ratios and consensus forward estimates
Wall Street price targets and rating actions
Revenue disaggregation per 10-K filing
Annual filings (FY) with consensus forward estimates (hatched)
1255 daily bars · split adjusted
Current price $1.14
Latest analyst grade actions
| Date | Firm | Action | Previous | New grade |
|---|---|---|---|---|
| Dec 1, 25 |
Daily · Wilder smoothing
| D. Boral Capital |
| maintain |
| Buy |
| Buy |
| Jan 7, 25 | D. Boral Capital | maintain | Buy | Buy |
| Nov 21, 24 | D. Boral Capital | maintain | Buy | Buy |
| Sep 30, 24 | Roth MKM | maintain | Buy | Buy |
| Jul 17, 24 | EF Hutton | maintain | Buy | Buy |
| May 24, 24 | Roth MKM | maintain | Buy | Buy |
| Nov 16, 23 | HC Wainwright & Co. | maintain | Buy | Buy |
| Aug 16, 23 | HC Wainwright & Co. | maintain | Buy | Buy |
| Jun 29, 23 | HC Wainwright & Co. | maintain | Buy | Buy |
Classic floor pivots from 2026-10-23
Computed from daily OHLCV bars
| Indicator | Value | Type | Action |
|---|---|---|---|
| RSI (14) | 18.69 | Oscillator | Buy |
| Stochastic %K (14, 3, 3) | 7.60 | Oscillator | Buy |
| Williams %R (14) | -88.73 | Oscillator | Buy |
| MACD (12, 26, 9) | -0.25 (Hist -0.02) | Oscillator | Strong Sell |
| Average Directional Index (14) | 49.87 (+DI 9.3 / -DI 37.2) | Trend | Strong Sell |
| EMA 20 | 1.42 | MA | Strong Sell |
| SMA 20 | 1.47 | MA | Strong Sell |
| EMA 50 | 1.76 | MA | Strong Sell |
| SMA 50 | 1.99 | MA | Strong Sell |
| SMA 200 | 2.41 | MA | Strong Sell |
Free float vs. closely held shares
13F institutional holdings are not available in the current data plan.
SEC Form 4 filings
| Date | Insider | Role | Type | Shares @ price | Value |
|---|---|---|---|---|---|
| Apr 15, 26 | Sauve Thomas M. | 0 | — | ||
| Nov 10, 25 | Golden Properties Ltd. | 10 percent owner | S-Sale | 10,000 @ $4.12 | $41.20K |
| Nov 10, 25 | Golden Properties Ltd. | 10 percent owner | S-Sale | 20,000 @ $4.09 | $81.80K |
| Nov 10, 25 | Golden Properties Ltd. | 10 percent owner | S-Sale | 10,000 @ $4.11 | $41.10K |
| Nov 10, 25 | Golden Properties Ltd. | 10 percent owner | S-Sale | 10,000 @ $4.11 | $41.10K |
| Nov 10, 25 | Golden Properties Ltd. | 10 percent owner | S-Sale | 10,000 @ $4.15 | $41.50K |
| Nov 10, 25 | Golden Properties Ltd. | 10 percent owner | S-Sale | 10,000 @ $4.10 | $41.00K |
| Nov 10, 25 | Golden Properties Ltd. | 10 percent owner | S-Sale | 10,000 @ $4.12 | $41.20K |
TTM vs. 5-year historical average (annual ratios)
| Metric | AREC | Historical (5Y) / ref | Status |
|---|---|---|---|
| P/E ratio (TTM) | 1.6x | -14.3x · sector 14.8x | Discount |
| Forward P/E (FY26E) | -3.6x | EPS est. -0.32 | Discount |
| Price / Book | 1.0x | 52.8x | Discount |
| Price / Sales | -3819.4x | 45.4x | Discount |
| EV / EBITDA | -8.6x | -0.7x | Elevated |
| Return on equity | -214.9% | — | Weak |
| Gross margin | 4469.8% | -106.4% | Below hist. |
| Debt / Equity | 0.09 | 14.42 | Conservative |
| Piotroski / Altman Z | 4/9 | Z -0.61 | Distress |
Discounted cash flow model
Reported EPS vs. consensus estimate
| Report date | EPS est. | EPS actual | Surprise | Revenue |
|---|---|---|---|---|
| Aug 31, 2026 | -0.08 | -0.06 | Beat 27.9% | — |
| May 20, 2026 | -0.07 | -0.06 | Beat 17.0% | -$95.35K |
| Nov 14, 2025 | -0.12 | -0.07 | Beat 41.7% | $50.16K |
| Aug 19, 2025 | -0.05 | -0.10 | Miss -100.0% | $13.26M |
| May 28, 2025 | -0.05 | -0.09 | Miss -80.0% | $31.93K |
| Mar 27, 2025 | -0.12 | -0.13 | Miss -8.3% | $2.60M |
SEC EDGAR filings · last 12 months
| Form | Filed | Accepted | Document |
|---|---|---|---|
| 8-K | Oct 7, 2026 | 2026-10-07 16:30:34 | View |
| 8-K | Oct 5, 2026 | 2026-10-05 16:30:52 | View |
| 8-K | Aug 26, 2026 | 2026-08-26 16:30:43 | View |
| 4 | Aug 20, 2026 | 2026-08-20 16:01:07 | View |
| 8-K/A | Jul 29, 2026 | 2026-07-29 11:28:59 | View |
| SC 13G | Jul 27, 2026 | 2026-07-27 16:25:23 | View |
| 8-K | Jul 24, 2026 | 2026-07-24 08:00:47 | View |
| 8-K | Jul 24, 2026 | 2026-07-24 07:45:47 | View |
| 8-K | Jul 21, 2026 | 2026-07-21 09:15:44 | View |
| 8-K | Jun 4, 2026 | 2026-06-04 10:03:44 | View |
Proxy statement (DEF 14A) disclosures