
The economic significance of coal is known to all. It is considered the most authentic, affordable, and abundant source of electricity generation. Even though it is one of the largest contributors of carbon dioxide emissions as well, shifting towards renewable energy sources could take some time, and the demand for coal could remain robust in 2023.
Against this backdrop, let us probe into coal stocks Yankuang Energy Group Company Limited (YZCAY), CONSOL Energy Inc. (CEIX), and American Resources Corporation (AREC).