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 quarterly earnings data on Tuesday, May, 7th. The energy company reported $0.17 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.19. The energy company had revenue of $57.46 million for the quarter, compared to analyst estimates of $71.12 million. View Ramaco Resources' Earnings History.

Ramaco Resources is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Ramaco Resources.

Ramaco Resources will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 brokers have issued 1 year price targets for Ramaco Resources' stock. Their forecasts range from $5.00 to $9.00. On average, they anticipate Ramaco Resources' share price to reach $7.00 in the next year. This suggests a possible upside of 131.8% from the stock's current price. View Analyst Price Targets for Ramaco Resources.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ramaco Resources in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ramaco Resources.

Media headlines about METC stock have been trending extremely negative on Sunday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 -5.0 on InfoTrie's scale. They also assigned media headlines about the energy company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Ramaco Resources.

Ramaco Resources saw a drop in short interest during the month of 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 trading volume, of 50,400 shares, the days-to-cover ratio is currently 6.2 days. Currently, 3.6% of the shares of the stock are short sold. View Ramaco Resources' Current Options Chain.

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 IPO 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.

Ramaco Resources' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Yorktown Energy Partners IX L.P. (28.02%), Foundry Partners LLC (0.82%), State Street Corp (0.27%), Denali Advisors LLC (0.06%), Bank of New York Mellon Corp (0.06%) and Renaissance Technologies LLC (0.03%). 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, 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 $3.02.