About Romaco Resourcs (NASDAQ:METC)
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
Industry Coke Coal Mining
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$5.22 million
Price / Sales31.00
Price / CashN/A
Book Value$2.92 per share
Price / Book1.40
Return on Equity-16.08%
Return on Assets-10.23%
Frequently Asked Questions for Romaco Resourcs (NASDAQ:METC)
What is Romaco Resourcs' stock symbol?
Romaco Resourcs trades on the NASDAQ under the ticker symbol "METC."
How were Romaco Resourcs' earnings last quarter?
Romaco Resourcs (NASDAQ:METC) announced its quarterly earnings data on Wednesday, November, 8th. The energy company reported ($0.16) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.21. The energy company earned $14.41 million during the quarter. Romaco Resourcs had a negative net margin of 35.22% and a negative return on equity of 16.08%. View Romaco Resourcs' Earnings History.
When will Romaco Resourcs make its next earnings announcement?
Where is Romaco Resourcs' stock going? Where will Romaco Resourcs' stock price be in 2017?
5 equities research analysts have issued 12 month price targets for Romaco Resourcs' shares. Their forecasts range from $7.00 to $19.00. On average, they expect Romaco Resourcs' share price to reach $13.80 in the next year. View Analyst Ratings for Romaco Resourcs.
Who are some of Romaco Resourcs' key competitors?
Some companies that are related to Romaco Resourcs include Cloud Peak Energy (CLD), Foresight Energy LP (FELP), Arc Logistic Partners LP (ARCX), Smart Sand (SND), Natural Resource Partners LP (NRP), Amerisur Resources PLC (ASUXF), Seadrill Partners LLC (SDLP), Kimbell Royalty (KRP), Carbo Ceramics (CRR), Flotek Industries (FTK), SilverBow Resources (SBOW), Emerge Energy Services LP (EMES), Enphase Energy (ENPH), Key Energy Services (KEG), Pacific Ethanol (PEIX), Approach Resources (AREX), Blueknight Energy Partners L.P., L.L.C. (BKEP) and CSI Compressco LP (CCLP).
Who are Romaco Resourcs' key executives?
Romaco Resourcs' management team includes the folowing people:
- Randall Whittaker Atkins, Executive Chairman of the Board (Age 64)
- Michael Bauersachs, President, Chief Executive Officer, Director (Age 52)
- Marc R. Solochek, Chief Financial Officer (Age 70)
- Mark A. Clemens, Chief Operating Officer (Age 49)
- Michael P. Windisch, Chief Accounting Officer (Age 42)
- Bruce E. Cryder, Director (Age 71)
- W. Howard Keenan Jr., Director (Age 66)
- Trent Kososki, Director (Age 35)
- Bryan H. Lawrence, Director (Age 74)
- Tyler Reeder, Director (Age 43)
When did Romaco Resourcs IPO?
(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 owns Romaco Resourcs stock?
Romaco Resourcs' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Anchor Bolt Capital LP (2.14%), Alyeska Investment Group L.P. (1.39%), Foundry Partners LLC (0.95%) and Citadel Advisors LLC (0.38%). Company insiders that own Romaco Resourcs stock include Bruce E Cryder, Energy Capital Partners Mezzan, Mark Allen Clemens and Michael Dale Bauersachs. View Institutional Ownership Trends for Romaco Resourcs.
Who sold Romaco Resourcs stock? Who is selling Romaco Resourcs stock?
Who bought Romaco Resourcs stock? Who is buying Romaco Resourcs stock?
Romaco Resourcs' stock was acquired by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P. and Foundry Partners LLC. Company insiders that have bought Romaco Resourcs stock in the last two years include Bruce E Cryder, Mark Allen Clemens and Michael Dale Bauersachs. View Insider Buying and Selling for Romaco Resourcs.
How do I buy Romaco Resourcs stock?
Shares of Romaco Resourcs 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 Romaco Resourcs' stock price today?
One share of Romaco Resourcs stock can currently be purchased for approximately $4.09.
How big of a company is Romaco Resourcs?
Romaco Resourcs has a market capitalization of $161.80 million and generates $5.22 million in revenue each year. Romaco Resourcs employs 31 workers across the globe.
How can I contact Romaco Resourcs?
Romaco Resourcs' 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 Romaco Resourcs (METC)MarketBeat's community ratings are surveys of what our community members think about Romaco Resourcs and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Romaco Resourcs (NASDAQ:METC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 5 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$13.80 (237.41% upside)|
Consensus Price Target History for Romaco Resourcs (NASDAQ:METC)
Analysts' Ratings History for Romaco Resourcs (NASDAQ:METC)
(Data available from 11/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/10/2017||BMO Capital Markets||Lower Price Target||Outperform||$11.00 -> $7.00||N/A|
|5/17/2017||Jefferies Group LLC||Reiterated Rating||Buy||$16.00 -> $15.00||Medium|
|2/28/2017||Clarkson Capital||Initiated Coverage||Buy||$19.00||N/A|
|2/28/2017||Seaport Global Securities||Initiated Coverage||Buy -> Buy||$14.00||N/A|
|2/28/2017||Credit Suisse Group||Initiated Coverage||Outperform -> Outperform||$14.00||N/A|
Earnings History and Estimates Chart for Romaco Resourcs (NASDAQ:METC)
Earnings History by Quarter for Romaco Resourcs (NASDAQ METC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/27/2018|| || || || || || || || |
|11/8/2017||Q3 2017||$0.05||($0.16)||$14.41 million||View||N/A|
|8/14/2017||Q2 2017||$0.05||($0.09)||$17.60 million||$11.07 million||View||N/A|
|5/10/2017||Q1 2017||$0.01||($0.10)||$8.50 million||$11.54 million||View||N/A|
Earnings Estimates for Romaco Resourcs (NASDAQ:METC)
Current Year EPS Consensus Estimate: $-0.17 EPS
Next Year EPS Consensus Estimate: $0.93 EPS
Dividend History for Romaco Resourcs (NASDAQ:METC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Romaco Resourcs (NASDAQ METC)
Institutional Ownership Percentage: 76.61%
Insider Trades by Quarter for Romaco Resourcs (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|
|11/16/2017||Mark Allen Clemens||COO||Buy||15,000||$4.26||$63,900.00|| |
|11/15/2017||Michael Dale Bauersachs||Insider||Buy||25,000||$3.96||$99,000.00|| |
|11/13/2017||Bruce E Cryder||Director||Buy||5,868||$4.27||$25,056.36|| |
|8/18/2017||Michael Dale Bauersachs||Insider||Buy||14,000||$6.98||$97,720.00|| |
|8/17/2017||Bruce E Cryder||Director||Buy||860||$6.99||$6,011.40|| |
|2/8/2017||Energy Capital Partners Mezzan||Major Shareholder||Sell||1,460,060||$13.50||$19,710,810.00|| |
Latest Headlines for Romaco Resourcs (NASDAQ METC)
|Romaco Resourcs (METC) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - November 23 at 3:36 AM
|Romaco Resourcs (METC) Expected to Announce Earnings of $0.22 Per Share|
www.americanbankingnews.com - November 22 at 7:47 AM
|Insider Buying: Romaco Resourcs (METC) COO Purchases 15,000 Shares of Stock|
www.americanbankingnews.com - November 17 at 9:28 PM
|Romaco Resourcs (METC) Insider Michael Dale Bauersachs Buys 25,000 Shares|
www.americanbankingnews.com - November 16 at 9:02 PM
|Insider Buying: Romaco Resourcs (METC) Director Acquires 5,868 Shares of Stock|
www.americanbankingnews.com - November 15 at 10:48 PM
|BMO Capital Markets Trims Romaco Resourcs (METC) Target Price to $7.00|
www.americanbankingnews.com - November 12 at 8:32 AM
|Romaco Resourcs (METC) Releases Quarterly Earnings Results|
www.americanbankingnews.com - November 10 at 7:09 PM
|Ramaco Resources, Inc. Announces Third Quarter 2017 Results|
finance.yahoo.com - November 8 at 5:53 PM
| Brokerages Expect Romaco Resourcs (METC) to Post $0.05 EPS|
www.americanbankingnews.com - November 2 at 11:26 AM
|ROMACO RESOURCS (METC) to Release Quarterly Earnings on Wednesday|
www.americanbankingnews.com - November 1 at 10:02 AM
|Romaco Resourcs (METC) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - October 29 at 3:08 AM
|Ramaco Resources, Inc. to Release Third Quarter 2017 Earnings on November 8, 2017 and Host Conference Call and Webcast on November 9, 2017|
finance.yahoo.com - October 28 at 8:06 AM
|FY2017 EPS Estimates for ROMACO RESOURCS Increased by Analyst (METC)|
www.americanbankingnews.com - October 16 at 4:02 AM
| Brokerages Anticipate Romaco Resourcs (METC) Will Announce Earnings of $0.05 Per Share|
www.americanbankingnews.com - October 14 at 6:04 AM
|Romaco Resourcs Expected to Earn FY2018 Earnings of $1.47 Per Share (METC)|
www.americanbankingnews.com - October 13 at 1:30 PM
|Romaco Resourcs (METC) Given Consensus Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - October 4 at 4:52 AM
|Romaco Resourcs (METC) Expected to Announce Earnings of $0.05 Per Share|
www.americanbankingnews.com - September 25 at 2:16 PM
|Romaco Resourcs (METC) Given Consensus Rating of "Buy" by Brokerages|
www.americanbankingnews.com - September 9 at 4:30 AM
|Romaco Resourcs (METC) Expected to Post Earnings of $0.05 Per Share|
www.americanbankingnews.com - September 6 at 10:20 PM
|Insider Buying: Romaco Resourcs (METC) Insider Buys 14,000 Shares of Stock|
www.americanbankingnews.com - August 21 at 8:10 PM
|Jefferies Group Comments on ROMACO RESOURCS's FY2017 Earnings (METC)|
www.americanbankingnews.com - August 21 at 5:10 AM
|ROMACO RESOURCS (METC) Forecasted to Post FY2018 Earnings of $1.51 Per Share|
www.americanbankingnews.com - August 18 at 12:52 PM
|BMO Capital Markets Reiterates $11.00 Price Target for Romaco Resourcs (METC)|
www.americanbankingnews.com - August 15 at 11:16 AM
|Romaco Resourcs (NASDAQ:METC) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - August 15 at 4:32 AM
|Ramaco Resources, Inc. Announces Second Quarter 2017 Results|
finance.yahoo.com - August 15 at 1:28 AM
|Romaco Resourcs (NASDAQ:METC) Posts Quarterly Earnings Results, Misses Expectations By $0.14 EPS|
www.americanbankingnews.com - August 14 at 8:22 PM
|Romaco Resourcs (METC) Scheduled to Post Earnings on Monday|
www.americanbankingnews.com - August 7 at 7:46 AM
|1st new Wyoming coal mine in decades faces strong opposition|
finance.yahoo.com - August 4 at 1:38 AM
|1st new Wyoming coal mine in decades faces strong opposition|
marketbeat.com - August 1 at 8:40 PM
|Romaco Resourcs' Lock-Up Period Will Expire Tomorrow (NASDAQ:METC)|
www.americanbankingnews.com - August 1 at 12:28 PM
|Romaco Resourcs (METC) Receives Average Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - July 21 at 9:26 AM
|Jefferies Group Comments on ROMACO RESOURCS's FY2017 Earnings (NASDAQ:METC)|
www.americanbankingnews.com - July 13 at 10:51 AM
|Ramaco Resources, Inc. (METC) to Buy Southwestern Virginia Coal Properties|
www.streetinsider.com - March 30 at 5:12 AM
|Ramaco Resources, Inc. Announces Acquisition of Southwestern Virginia Coal Properties|
us.rd.yahoo.com - March 29 at 7:08 PM
|5:01 pm Ramaco Resources to acquire Southwestern Virginia Coal Properties|
us.rd.yahoo.com - March 29 at 7:08 PM
|US IPO Weekly Recap: 2 lackluster debuts ahead of busy week|
www.nasdaq.com - March 10 at 7:47 PM
Financials are not available for this stock.
Romaco Resourcs (NASDAQ METC) Chart for Friday, November, 24, 2017