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
Current SymbolNASDAQ:METC
Previous Symbol
CUSIPN/A
Phone859-244-7455
Debt
Debt-to-Equity RatioN/A
Current Ratio1.06
Quick Ratio0.88
Price-To-Earnings
Trailing P/E Ratio-12.41
Forward P/E Ratio7.83
P/E GrowthN/A
Sales & Book Value
Annual Sales$61.04 million
Price / Sales3.34
Cash FlowN/A
Price / Cash FlowN/A
Book Value$2.87 per share
Price / Book1.77
Profitability
EPS (Most Recent Fiscal Year)($0.41)
Net Income$-15,410,000.00
Net Margins9.20%
Return on Equity15.27%
Return on Assets10.81%
Miscellaneous
Employees268
Outstanding Shares40,080,000
Market Cap$207.23 million
OptionableNot Optionable
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) released its earnings results on Wednesday, November, 7th. The energy company reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.25 by $0.10. The energy company earned $62.17 million during the quarter, compared to the consensus estimate of $68.65 million. Ramaco Resources had a return on equity of 15.27% and a net margin of 9.20%. View Ramaco Resources' Earnings History.
When is Ramaco Resources' next earnings date?
What price target have analysts set for METC?
3 Wall Street analysts have issued twelve-month price targets for Ramaco Resources' stock. Their predictions range from $9.00 to $11.00. On average, they expect Ramaco Resources' share price to reach $10.00 in the next year. This suggests a possible upside of 96.5% 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.
Has Ramaco Resources been receiving favorable news coverage?
Media headlines about METC stock have trended positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ramaco Resources earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned press coverage about the energy company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
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 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 are Ramaco Resources' major shareholders?
Ramaco Resources' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Yorktown Energy Partners IX L.P. (32.36%), Foundry Partners LLC (0.96%), JPMorgan Chase & Co. (0.87%), JPMorgan Chase & Co. (0.87%), Vanguard Group Inc. (0.76%) and Man Group plc (0.37%). 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 selling Ramaco Resources stock?
Which institutional investors are buying Ramaco Resources stock?
METC stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Marshall Wace LLP, AlpInvest Partners B.V., Foundry Partners LLC, Travelers Companies Inc. and Vanguard Group Inc.. 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 $5.09.
How big of a company is Ramaco Resources?
Ramaco Resources has a market capitalization of $207.23 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.
What is Ramaco Resources' official website?
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.
