Vmbook Online ordering

Arabian American Development Company

Arabian American Development Company, which trades under the stock symbol ARSD on the OTCQX market, is a company focused on the exploration, development, and production of mineral resources. The company's primary asset is the Golden Hope heap leach gold project, located in the state of Texas, USA.

When analyzing a company, there are several key financial metrics to consider, including revenue, net income, and earnings growth.

Revenue: Revenue, or sales, is the total amount of money that a company generates from its business activities. For Arabian American Development Company, its revenue for the most recent fiscal year (2021) was approximately $8.9 million, representing an increase of 25% compared to the previous fiscal year.

Net Income: Net income, also known as net earnings or profit, is the amount of money that a company earns after deducting all of its expenses. For Arabian American Development Company, its net income for the most recent fiscal year (2021) was approximately $2.3 million, representing an increase of 52% compared to the previous fiscal year.

Earnings Growth: Earnings growth is a measure of a company's ability to increase its profits over time. For Arabian American Development Company, its earnings growth has been strong in recent years, with the company reporting an earnings per share (EPS) of $0.16 for the most recent fiscal year (2021), representing an increase of 71% compared to the previous fiscal year.

It is important to note that these figures are historical and do not necessarily indicate future performance. Additionally, investing in the stock market always carries risks and it is recommended to conduct thorough research and/or consult with a financial advisor before making any investment decisions.

    Market basic-materials chemicals-major-diversified arabian-american-development-company arsd