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Arch Resources: Another Attractive Coal Company
ARCHArch Resources(ARCH) Seeking Alpha·2024-11-07 03:08

Core Viewpoint - Arch Resources reported a net loss of 6.2millionandanadjustedprofitof6.2 million and an adjusted profit of 44.2 million for Q3 2024, indicating a year-over-year decline in revenues and profits [1]. Financial Performance - The company experienced a net loss of 6.2millioninQ32024[1].Adjustedprofitsforthesameperiodwerereportedat6.2 million in Q3 2024 [1]. - Adjusted profits for the same period were reported at 44.2 million [1]. Company Overview - Arch Resources is recognized as one of the major coal miners in the United States, producing both thermal and metallurgical coal [1].