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

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

Ramaco Resources Inc (NASDAQ:METC) announced its quarterly earnings data on Tuesday, November, 5th. The energy company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.15. The energy company earned $61.38 million during the quarter, compared to analysts' expectations of $68.08 million. Ramaco Resources had a return on equity of 17.12% and a net margin of 11.56%. View Ramaco Resources' Earnings History.

Ramaco Resources is scheduled to release their next quarterly earnings announcement on Tuesday, March 17th 2020. View Earnings Estimates for Ramaco Resources.

5 brokers have issued 12-month price targets for Ramaco Resources' shares. Their forecasts range from $5.00 to $9.00. On average, they expect Ramaco Resources' stock price to reach $7.00 in the next year. This suggests a possible upside of 98.3% 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 stories about METC stock have been trending somewhat positive on Thursday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ramaco Resources earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave press coverage 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 next several days. View News Stories for Ramaco Resources.

Ramaco Resources saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 328,700 shares, an increase of 29.9% from the December 15th total of 253,100 shares. Based on an average trading volume of 52,100 shares, the short-interest ratio is presently 6.3 days. Approximately 3.8% of the company's stock 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 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 served as the underwriters for the IPO and Clarksons Platou Securities and Seaport Global Securities were co-managers.

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 $3.53.

Ramaco Resources has a market capitalization of $144.48 million and generates $227.57 million in revenue each year. The energy company earns $25.07 million in net income (profit) each year or $0.62 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.