Ramaco Resources, Inc. is a development-stage company. The Company is a developer of metallurgical coal in central and southern West Virginia, southwestern Virginia and southwestern Pennsylvania. The Company's project portfolio includes Elk Creek, Berwind, RAM Mine and Knox Creek. As of December 29, 2016, the Elk Creek property in southern West Virginia consisted of approximately 17,128 acres of controlled mineral. The Berwind coal property sits on the border of West Virginia and Virginia. As of December 29, 2016, the Berwind coal property consisted of approximately 31,200 acres of controlled mineral. As of December 29, 2016, the Knox Creek property consisted of approximately 43,281 acres of controlled mineral. The RAM Mine property is located in southwestern Pennsylvania. As of December 29, 2016, the RAM Mine property consisted of approximately 1,567 acres of controlled mineral.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: N/A
- Sub-Industry: N/A
- Symbol: NASDAQ:METC
- CUSIP: N/A
- Web: www.ramacollc.com
- Market Cap: $260.15 million
- Outstanding Shares: 39,062,000
- 50 Day Moving Avg: $7.33
- 200 Day Moving Avg: $9.21
- 52 Week Range: $5.66 - $14.78
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 4.76
- P/E Growth: 0.00
- Annual Revenue: $16.75 million
- Price / Sales: 15.53
- Book Value: $3.20 per share
- Price / Book: 2.08
- Average Volume: 226,998 shs.
- Short Ratio: 5.28
Frequently Asked Questions for Ramaco Resources (NASDAQ:METC)
What is Ramaco Resources' stock symbol?
Ramaco Resources trades on the NASDAQ under the ticker symbol "METC."
How were Ramaco Resources' earnings last quarter?
Ramaco Resources Inc (NASDAQ:METC) posted its earnings results on Wednesday, May, 10th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by $0.11. The business earned $11.54 million during the quarter, compared to analysts' expectations of $8.50 million. View Ramaco Resources' Earnings History.
Where is Ramaco Resources' stock going? Where will Ramaco Resources' stock price be in 2017?
5 brokers have issued twelve-month target prices for Ramaco Resources' shares. Their forecasts range from $14.00 to $19.00. On average, they anticipate Ramaco Resources' stock price to reach $15.40 in the next year. View Analyst Ratings for Ramaco Resources.
Who are some of Ramaco Resources' key competitors?
Some companies that are related to Ramaco Resources include Sunrun (RUN), Sanchez Energy Corp (SN), California Resources Corp (CRC), Pengrowth Energy Corp (PGH), Stone Energy (SGY), Key Energy Services (KEG), Azure Power Global Ltd (AZRE), Premier Oil PLC (PMOIY), CNX Coal Resources LP (CNXC), TETRA Technologies (TTI), 8Point3 Energy Partners LP (CAFD), Natural Resource Partners LP (NRP), Vivint Solar (VSLR), JA Solar Holdings Co. (JASO), Emerge Energy Services LP (EMES), Natural Gas Services Group (NGS), Kimbell Royalty Partners LP (KRP) and Southcross Energy Partners LP (SXE).
When did Ramaco Resources IPO?
(METC) raised $81 million in an initial public offering (IPO) on Friday, February 3rd 2017. The company issued 6,000,000 shares at a price of $12.00-$15.00 per share. Credit Suisse, Jefferies and BMO Capital Markets served as the underwriters for the IPO and Clarksons Platou Securities and Seaport Global Securities were co-managers.
Who owns Ramaco Resources stock?
Ramaco Resources' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Yorktown Energy Partners IX L.P. (37.82%), Yorktown Energy Partners XI L.P. (14.30%), Yorktown Energy Partners X L.P. (9.45%), Teachers Advisors LLC (1.41%), Wellington Management Group LLP (1.31%) and Precocity Capital LP (0.70%). View Institutional Ownership Trends for Ramaco Resources.
Who bought Ramaco Resources stock? Who is buying Ramaco Resources stock?
Ramaco Resources' stock was purchased by a variety of institutional investors in the last quarter, including Yorktown Energy Partners IX L.P., Yorktown Energy Partners XI L.P., Yorktown Energy Partners X L.P., Teachers Advisors LLC, Wellington Management Group LLP, Precocity Capital LP, TIAA CREF Investment Management LLC and Citadel Advisors LLC. View Insider Buying and Selling for Ramaco Resources.
How do I buy Ramaco Resources stock?
Shares of Ramaco Resources can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Ramaco Resources stock cost?
One share of Ramaco Resources stock can currently be purchased for approximately $6.66.
Earnings History for Ramaco Resources (NASDAQ:METC)Earnings History by Quarter for Ramaco Resources (NASDAQ:METC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/10/2017||Q1 2017||$0.01||($0.10)||$8.50 million||$11.54 million||View||N/A|
Earnings Estimates for Ramaco Resources (NASDAQ:METC)
Current Year EPS Consensus Estimate: $0.60 EPS
Next Year EPS Consensus Estimate: $1.40 EPS
Dividend History for Ramaco Resources (NASDAQ:METC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Ramaco Resources (NASDAQ:METC)Insider Trades by Quarter for Ramaco Resources (NASDAQ:METC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/8/2017||Energy Capital Partners Mezzan||Major Shareholder||Sell||1,460,060||$13.50||$19,710,810.00|| |
Headline Trends for Ramaco Resources (NASDAQ:METC)
Latest Headlines for Ramaco Resources (NASDAQ:METC)
Ramaco Resources (METC) Chart for Friday, May, 26, 2017