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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.


NYSE:AXR - Post by User

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Post by mattbighamon May 13, 2021 11:33am
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Post# 33191777

3 keys

3 keys
"At Bermingham, we expect to begin underground ore extraction late in the second quarter following completion of the vent raise...."

“In parallel, we are completing an updated mineral reserve estimate,which we expect to file in the near term."

"Our exploration team is also busy overseeing operations of four drill rigs conducting focused directional drilling of the Bermingham Northeast Deep zone."
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