Number of Hedge Fund Holders: N/A
Market Cap: $245.494 million

Alpha Metallurgical Resources, Inc. (NYSE: AMR) is a Tennessee based coal mining company that produces, processes, and sells met and thermal coal to markets in Virginia and West Virginia. In 2020, the company had a total revenue of $1.4 billion and a market cap of $245.49 million. Despite facing a net loss of $55.1 million in the fourth quarter of 2020, Alpha Metallurgical Resources, Inc. (NYSE: AMR) has maintained a strong balance sheet with $139.2 million in unrestricted cash, deposits, and investments. Alpha Metallurgical Resources, Inc. (NYSE: AMR) has also undertaken a strategic shift towards becoming a pure play met company by closing a transaction to divest the Cumberland Mine and related assets. With a current stock price of $13.35 and a quarterly sales growth rate of 6.72%, there is huge potential for this stock to outperform the market. Thus, Alpha Metallurgical Resources, Inc. (NYSE: AMR) has earned the number 7 spot in the 10 best coal stocks to buy now list.