Alpha Metallurgical Director Courtis Keeps Buying as He Adds Another $1.1 Million Shares
Courtis now holds over 1 million shares directly as stock surges 49% over past year. Mining company maintains $2.7 billion market cap amid $46.1 million net loss.
Kenneth S. Courtis, a Director at Alpha Metallurgical Resources, Inc. (NYSE:AMR), recently increased his stake in the company by purchasing an additional 5,000 shares on August 25, 2026. The transaction, as reported in a SEC Form 4 filing, had a weighted average purchase price of $216.53 per share, resulting in a total cost of $1.1 million.
The current market value of the shares, based on the company's closing price on the same day, is $215.63 per share. Alpha Metallurgical Resources is a vertically integrated coal producer with a strong presence in the Appalachian region, operating 27 mining and preparation facilities. The company specializes in metallurgical-grade coal, which commands higher prices compared to thermal coal.
As of the trailing twelve months, Alpha Metallurgical Resources reported revenue of $2.1 billion and a market capitalization of $2.7 billion. Despite facing headwinds in the industry, the company remains a notable player in the North American coal sector.
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