Ramaco Resources, Inc. produces and sells metallurgical coal in the United States. The company's development portfolio includes the Elk Creek project consisting of approximately 18,728 acres of controlled mineral and 24 seams located in southern West Virginia; and the Berwind coal property comprising approximately 31,200 acres of controlled mineral and an area of Squire Jim seam coal deposits, which is situated on the border of West Virginia and Virginia. Its development portfolio also comprises Knox Creek property consisting of approximately 61,343 acres of controlled mineral that is located in Virginia; and RAM Mine property comprising approximately 1,567 acres of controlled mineral, which is situated in southwestern Pennsylvania. The company was founded in 2015 and is headquartered in Lexington, Kentucky.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Bituminous coal & lignite mining
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:METC
CUSIPN/A
Phone859-244-7455
Debt
Debt-to-Equity RatioN/A
Current Ratio1.09
Quick Ratio0.83
Price-To-Earnings
Trailing P/E Ratio-18.68
Forward P/E Ratio7.30
P/E GrowthN/A
Sales & Book Value
Annual Sales$61.04 million
Price / Sales5.03
Cash FlowN/A
Price / CashN/A
Book Value$2.87 per share
Price / Book2.67
Profitability
EPS (Most Recent Fiscal Year)($0.41)
Net Income$-15,410,000.00
Net Margins4.15%
Return on Equity5.55%
Return on Assets4.06%
Miscellaneous
Employees268
Outstanding Shares40,080,000
Market Cap$312.64 million
Ramaco Resources (NASDAQ:METC) Frequently Asked Questions
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) announced its quarterly earnings results on Monday, August, 6th. The energy company reported $0.27 EPS for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.09. The energy company had revenue of $65.28 million for the quarter, compared to analyst estimates of $62.37 million. Ramaco Resources had a net margin of 4.15% and a return on equity of 5.55%. View Ramaco Resources' Earnings History.
When is Ramaco Resources' next earnings date?
What price target have analysts set for METC?
3 analysts have issued 12 month price objectives for Ramaco Resources' shares. Their predictions range from $9.00 to $10.50. On average, they expect Ramaco Resources' stock price to reach $9.8333 in the next year. This suggests a possible upside of 28.4% from the stock's current price. View Analyst Price Targets for Ramaco Resources.
What is the consensus analysts' recommendation for Ramaco Resources?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ramaco Resources in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ramaco Resources.
Who are some of Ramaco Resources' key competitors?
Who are Ramaco Resources' key executives?
Ramaco Resources' management team includes the folowing people:
- Mr. Randall W. Atkins, Exec. Chairman & CFO (Age 65)
- Mr. Michael D. Bauersachs, Pres, CEO & Director (Age 53)
- Mr. Mark A. Clemens, Exec. VP & Chief Commercial Officer (Age 51)
- Mr. Christopher L. Blanchard, Sr. VP & COO (Age 43)
- Mr. Michael P. Windisch, Chief Accounting Officer (Age 42)
When did Ramaco Resources IPO?
(METC) raised $81 million in an 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 acted as the underwriters for the IPO and Clarksons Platou Securities and Seaport Global Securities were co-managers.
Has Ramaco Resources been receiving favorable news coverage?
Media stories about METC stock have been trending somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ramaco Resources earned a news and rumor sentiment score of 0.18 on Accern's scale. They also gave news stories about the energy company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Ramaco Resources.
Who are Ramaco Resources' major shareholders?
Ramaco Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Unigestion Holding SA (0.31%), Northern Trust Corp (0.20%) and GeoSphere Capital Management LLC (0.04%). Company insiders that own Ramaco Resources stock include Bruce E Cryder, Energy Capital Partners Mezzan, Mark Allen Clemens and Michael Dale Bauersachs. View Institutional Ownership Trends for Ramaco Resources.
Which institutional investors are buying Ramaco Resources stock?
METC stock was purchased by a variety of institutional investors in the last quarter, including Unigestion Holding SA, Northern Trust Corp and GeoSphere Capital Management LLC. Company insiders that have bought Ramaco Resources stock in the last two years include Bruce E Cryder, Mark Allen Clemens and Michael Dale Bauersachs. View Insider Buying and Selling for Ramaco Resources.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Ramaco Resources' stock price today?
One share of METC stock can currently be purchased for approximately $7.66.
How big of a company is Ramaco Resources?
Ramaco Resources has a market capitalization of $312.64 million and generates $61.04 million in revenue each year. The energy company earns $-15,410,000.00 in net income (profit) each year or ($0.41) on an earnings per share basis. Ramaco Resources employs 268 workers across the globe.
How can I contact Ramaco Resources?
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.
MarketBeat Community Rating for Ramaco Resources (NASDAQ METC)
MarketBeat's community ratings are surveys of what our community members think about Ramaco Resources and other stocks. Vote "Outperform" if you believe METC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe METC will underperform the S&P 500 over the long term. You may vote once every thirty days.
