American Resources Corporation shares rise 8.47% premarket after positive market sentiment and gold price increase.

American Resources Corporation rose 8.47% in premarket trading. The company's stock price increase may be attributed to the positive sentiment in the market, as indicated by the bounce in Wall Street and European stock futures due to a buy-the-dip mentality. Additionally, the heightened prospect of lower borrowing costs helped soothe concerns about the U.S. economy, which could have positively impacted the stock's performance.