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Top 2 Energy Stocks That Are Ticking Portfolio Bombs - American Resources (NASDAQ:AREC), Equinox Gold (AMEX:EQX)
Benzingaยท 2025-09-16 13:10
Core Insights - Two stocks in the energy sector are showing signs of being overbought, which may concern momentum-focused investors [1][2] Company Summaries - **American Resources Corp (AREC)**: - Secured a $20 million equipment lease to expand production of rare earth, lithium, and defense minerals in Indiana [7] - Stock gained approximately 93% over the past month, reaching a 52-week high of $2.49 [7] - RSI value is at 76.3, indicating overbought conditions [7] - Price action shows shares gained 20.7% to close at $2.45 [7] - Momentum score is 99.24 [7] - **Energy Fuels Inc (UUUU)**: - Announced that U.S.-produced NdPr oxide qualified for use in EV drive motors by a major automotive supplier [8] - Stock gained around 34% over the past month, with a 52-week high of $14.12 [8] - RSI value is at 75.9, also indicating overbought conditions [8] - Price action shows shares gained 15.8% to close at $13.82 [8]