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NASDAQ:METC

Ramaco Resources (METC) Stock Price, News & Analysis

$13.61
+0.47 (+3.58%)
(As of 07/26/2024 ET)
Today's Range
$13.25
$13.66
50-Day Range
$11.69
$15.32
52-Week Range
$7.65
$22.70
Volume
412,866 shs
Average Volume
559,230 shs
Market Capitalization
$722.55 million
P/E Ratio
11.63
Dividend Yield
4.04%
Price Target
$17.50

Ramaco Resources MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
28.6% Upside
$17.50 Price Target
Short Interest
Bearish
13.68% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.03mentions of Ramaco Resources in the last 14 days
Based on 16 Articles This Week
Insider Trading
Acquiring Shares
$124,993 Bought Last Quarter
Proj. Earnings Growth
35.12%
From $1.68 to $2.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.53 out of 5 stars

Oils/Energy Sector

36th out of 248 stocks

Bituminous Coal & Lignite Mining Industry

1st out of 5 stocks

METC stock logo

About Ramaco Resources Stock (NASDAQ:METC)

Ramaco Resources, Inc. engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 64,050 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres situated in southwestern Pennsylvania southern West Virginia; and the Brook Mine property that covers an area of approximately 16,000 acres located in northeastern Wyoming. The company serves blast furnace steel mills and coke plants in the United States, as well as metallurgical coal consumers internationally. Ramaco Resources, Inc. was founded in 2015 and is headquartered in Lexington, Kentucky.

METC Stock Price History

METC Stock News Headlines

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METC Dec 2024 7.000 call (METC241220C00007000)
Next opportunity for crypto millions
The Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has led to a massive bull run in the year after it happens. That means we're in the "golden window" right now…
See More Headlines
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Company Calendar

Last Earnings
11/07/2023
Ex-Dividend for 6/15 Dividend
5/31/2024
Dividend Payable
6/15/2024
Today
7/27/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Bituminous coal & lignite mining
Sub-Industry
Coal
Current Symbol
NASDAQ:METC
Fax
N/A
Employees
725
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.50
High Stock Price Target
$22.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+28.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$82.31 million
Pretax Margin
10.92%

Debt

Sales & Book Value

Annual Sales
$693.52 million
Cash Flow
$2.63 per share
Book Value
$7.02 per share

Miscellaneous

Free Float
23,911,000
Market Cap
$722.55 million
Optionable
Optionable
Beta
1.09
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Key Executives

  • Mr. Randall W. Atkins (Age 71)
    Founder, Chairman & CEO
    Comp: $2.91M
  • Mr. Jeremy Ryan Sussman (Age 41)
    Executive VP, CFO & Assistant Secretary
    Comp: $1.57M
  • Mr. Christopher L. Blanchard (Age 49)
    Executive VP & COO
    Comp: $1.49M
  • Mr. John C. Marcum (Age 59)
    Executive VP, Controller & Chief Accounting Officer
    Comp: $1.31M
  • Mr. Jason T. Fannin (Age 50)
    Executive VP, Chief Commercial Officer & Chief Marketing Officer
    Comp: $1.57M
  • Mr. James Scott Kreutzer (Age 53)
    Senior VP & Chief Administrative Officer
  • Mr. Evan H. Jenkins
    General Counsel
  • Mr. Paul Horn
    Senior VP & Chief Mine Development Officer
  • Ms. Sabrina Duba
    Senior Vice President of Operations
  • Mr. Scott Spears
    Senior Vice President of Finance

METC Stock Analysis - Frequently Asked Questions

How have METC shares performed this year?

Ramaco Resources' stock was trading at $17.18 at the beginning of the year. Since then, METC shares have decreased by 20.8% and is now trading at $13.61.
View the best growth stocks for 2024 here
.

How were Ramaco Resources' earnings last quarter?

Ramaco Resources, Inc. (NASDAQ:METC) issued its earnings results on Tuesday, November, 7th. The energy company reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.44 by $0.01. The firm's revenue for the quarter was up 36.0% on a year-over-year basis.

When did Ramaco Resources IPO?

Ramaco Resources (METC) raised $81 million in an initial public offering on Friday, February 3rd 2017. The company issued 6,000,000 shares at $12.00-$15.00 per share. Credit Suisse, Jefferies and BMO Capital Markets acted as the underwriters for the IPO and Clarksons Platou Securities and Seaport Global Securities were co-managers.

Who are Ramaco Resources' major shareholders?

Top institutional shareholders of Ramaco Resources include Bank of New York Mellon Corp (0.72%), Wedge Capital Management L L P NC (0.51%), Arkfeld Wealth Strategies L.L.C. (0.42%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include Yorktown Xi Associates Llc, Yorktown Ix Associates Llc, Yorktown Energy Partners Ix, L, Peter A Leidel, David E K Frischkorn, Evan H Jenkins, Aurelia Skipwith Giacometto and Randall Whittaker Atkins.
View institutional ownership trends
.

How do I buy shares of Ramaco Resources?

Shares of METC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ramaco Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ramaco Resources investors own include Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), Genocea Biosciences (GNCA), VBI Vaccines (VBIV), Comcast (CMCSA), Invesco (IVZ) and Rigel Pharmaceuticals (RIGL).

This page (NASDAQ:METC) was last updated on 7/27/2024 by MarketBeat.com Staff

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