AMREP Corp T.AXR

Primary Symbol: AXR

AMREP Corporation, through its subsidiaries, is a holder of land, developer of real estate and homebuilder in New Mexico. 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. Activities conducted or arranged by the Company include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. 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 focuses on selling single-family detached and attached homes.

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AMREP Corp > Is this company hedged at all?

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Comment by Correctionoron Jul 23, 2020 1:26pm

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RE:Is this company hedged at all?

@Terry21 Alexco has a 5 to one, or thereabouts, beta to silver. It offers plenty of exposure to the price of silver which is great for anyone seeking that. Does that help? Hedges are minimal, if any.

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