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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation is a holding company, which conducts business through its subsidiaries. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers, and others. The Company owns approximately 17,000 acres in Sandoval County, New Mexico. The Company develops both residential lots and sites for commercial and industrial use as demand warrants. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company is focused on selling single-family detached and attached homes. The Company commenced operations in New Mexico of its internal homebuilder, Amreston Homes. The Company utilizes internal and external sales brokers for home sales.


NYSE:AXR - Post by User

AMREP Corp
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Post by mattbighamon Aug 13, 2021 12:41am
253 Views
Post# 33699258

August presentation is up

August presentation is up
August presentation

$39m CAD  in treasury
No long term debt

176 tpd mill throughput -Q2 vs.
107 tpd                 -Q1

269 m Underground development- Q2 vs.
238 m                        - Q1

93% SILVER RECOVERIES-Q2 vs.
83%                  -Q1

Expected YOY production
increases to over 5Moz Ag
in 2024

Potential move beyond one-
mine status & remaining
committed to high asset
quality and low geopolitical
risk.

https://www.alexcoresource.com/site/assets/files/4502/2021-08-axu-cp.pdf
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