NASDAQ:METC - Ramaco Resources Stock Price, Forecast & News

Ramaco Resources trades on the NASDAQ under the ticker symbol "METC."

Ramaco Resources Inc (NASDAQ:METC) released its earnings results on Thursday, February, 20th. The energy company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.05. The energy company had revenue of $45.61 million for the quarter, compared to analysts' expectations of $47.24 million. Ramaco Resources had a return on equity of 15.42% and a net margin of 10.83%. View Ramaco Resources' Earnings History.

Ramaco Resources is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Ramaco Resources.

6 brokers have issued twelve-month target prices for Ramaco Resources' shares. Their forecasts range from $5.00 to $9.00. On average, they anticipate Ramaco Resources' stock price to reach $6.50 in the next year. This suggests a possible upside of 137.2% from the stock's current price. View Analyst Price Targets for Ramaco Resources.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ramaco Resources in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ramaco Resources.

News headlines about METC stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Ramaco Resources earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the energy company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Ramaco Resources.

Ramaco Resources saw a drop in short interest in January. As of January 31st, there was short interest totalling 311,800 shares, a drop of 5.1% from the January 15th total of 328,700 shares. Based on an average daily volume of 50,400 shares, the days-to-cover ratio is presently 6.2 days. Currently, 3.6% of the shares of the company are sold short. View Ramaco Resources' Current Options Chain.

Some companies that are related to Ramaco Resources include CONSOL Coal Resources (CCR), Consol Energy (CEIX), Hallador Energy (HNRG), PARINGA RESOURC/S (PNRL), Foresight Energy (FELP), New Wei (WLTGQ) and Paringa Resources (PNGZF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ramaco Resources investors own include Advanced Micro Devices (AMD), Chesapeake Energy (CHK), Invesco (IVZ), Allena Pharmaceuticals (ALNA), Comcast (CMCSA), Gilead Sciences (GILD), Genocea Biosciences (GNCA), Huntington Bancshares (HBAN), Netflix (NFLX) and Quotient (QTNT).

(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 served as the underwriters for the IPO and Clarksons Platou Securities and Seaport Global Securities were co-managers.

Ramaco Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Yorktown Energy Partners IX L.P. (28.02%), Foundry Partners LLC (0.82%), State Street Corp (0.27%), Zebra Capital Management LLC (0.08%), Denali Advisors LLC (0.06%) and Bank of New York Mellon Corp (0.06%). Company insiders that own Ramaco Resources stock include Bruce E Cryder, Jeremy R Sussman, Michael Dale Bauersachs, Patrick C Graney III and Randall Whittaker Atkins. View Institutional Ownership Trends for Ramaco Resources.

METC stock was sold by a variety of institutional investors in the last quarter, including Yorktown Energy Partners IX L.P., Foundry Partners LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Ramaco Resources.

METC stock was purchased by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Zebra Capital Management LLC, Renaissance Technologies LLC, Goldman Sachs Group Inc., State Street Corp, UBS Group AG and Barclays PLC. Company insiders that have bought Ramaco Resources stock in the last two years include Bruce E Cryder, Jeremy R Sussman, Michael Dale Bauersachs, Patrick C Graney III and Randall Whittaker Atkins. View Insider Buying and Selling for Ramaco Resources.

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

One share of METC stock can currently be purchased for approximately $2.74.

Ramaco Resources has a market capitalization of $112.20 million and generates $230.21 million in revenue each year. The energy company earns $24.93 million in net income (profit) each year or $0.61 on an earnings per share basis. Ramaco Resources employs 349 workers across the globe.View Additional Information About Ramaco Resources.

The official website for Ramaco Resources is http://www.ramacoresources.com/.

Ramaco Resources' mailing address is 250 WEST MAIN STREET SUITE 210, LEXINGTON KY, 40507. The energy company can be reached via phone at 859-244-7455.