Alpha Metallurgical lost $0.42/share, below estimates, with revenue down 21.6%, but insiders bought $17.99M in stock.

Alpha Metallurgical Resources (NYSE:AMR) reported a quarterly loss of $0.42 per share, missing estimates by $0.07, with revenue of $526.78 million, down 21.6% year-over-year. The company has a consensus "Reduce" rating from analysts, with an average 12-month price target of $203.67. Insiders collectively bought $17.99 million in shares over the past 90 days, led by a significant purchase by Director Michael Gorzynski, while another insider sold shares. The stock closed at $206.39, with a market cap of $2.65 billion and a negative P/E ratio of -57.97.