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
Industry Bituminous coal & lignite mining
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:METC
CUSIPN/A
Phone859-244-7455
Debt
Debt-to-Equity RatioN/A
Current Ratio1.08
Quick Ratio0.83
Price-To-Earnings
Trailing P/E Ratio-20.44
Forward P/E Ratio8.63
P/E GrowthN/A
Sales & Book Value
Annual Sales$61.04 million
Price / Sales5.44
Cash FlowN/A
Price / CashN/A
Book Value$2.87 per share
Price / Book2.89
Profitability
EPS (Most Recent Fiscal Year)($0.41)
Net Income$-15,410,000.00
Net Margins-6.69%
Return on Equity-6.01%
Return on Assets-4.60%
Miscellaneous
Employees268
Outstanding Shares40,080,000
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) issued its quarterly earnings data on Wednesday, May, 16th. The energy company reported $0.14 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.30 by $0.16. The energy company had revenue of $55.94 million for the quarter. Ramaco Resources had a negative net margin of 6.69% and a negative return on equity of 6.01%. View Ramaco Resources' Earnings History.
When is Ramaco Resources' next earnings date?
What price target have analysts set for METC?
3 equities research analysts have issued twelve-month price objectives for Ramaco Resources' stock. Their predictions range from $9.00 to $10.00. On average, they expect Ramaco Resources' stock price to reach $9.6667 in the next year. 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 (Age 65)
- Mr. Michael D. Bauersachs, Pres, CEO & Director (Age 53)
- Mr. Mark A. Clemens, Exec. VP & Chief Commercial Officer (Age 51)
- Mr. Marc R. Solochek, Chief Financial Officer (Age 72)
- Mr. Christopher L. Blanchard, Sr. VP & COO (Age 43)
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 $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?
News stories about METC stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ramaco Resources earned a news impact score of 0.11 on Accern's scale. They also gave media headlines about the energy company an impact score of 44.28 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Ramaco Resources' major shareholders?
Ramaco Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (0.78%) and Waratah Capital Advisors Ltd. (0.16%). 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 acquired by a variety of institutional investors in the last quarter, including Waratah Capital Advisors Ltd. and BlackRock 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 $8.28.
How big of a company is Ramaco Resources?
Ramaco Resources has a market capitalization of $331.88 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 (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.
