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-13.00
Forward P/E Ratio7.36
P/E GrowthN/A
Sales & Book Value
Annual Sales$61.04 million
Price / Sales3.53
Cash FlowN/A
Price / CashN/A
Book Value$3.42 per share
Price / Book1.57
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$221.66 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) issued its quarterly earnings results on Wednesday, November, 7th. The energy company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.25 by $0.10. The energy company had revenue of $62.17 million for the quarter, compared to analyst estimates of $68.65 million. Ramaco Resources had a net margin of 9.20% and a return on equity of 15.27%. View Ramaco Resources' Earnings History.
When is Ramaco Resources' next earnings date?
What price target have analysts set for METC?
3 brokerages have issued 12 month price targets for Ramaco Resources' stock. Their forecasts range from $9.00 to $11.00. On average, they expect Ramaco Resources' stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 86.2% 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?
News articles about METC stock have trended very positive on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ramaco Resources earned a media sentiment score of 3.1 on InfoTrie's scale. They also assigned news stories about the energy company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the stock's share price in the near future.
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 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 acted 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 many different of institutional and retail investors. Top institutional shareholders include Yorktown Energy Partners IX L.P. (32.36%), Foundry Partners LLC (0.96%), JPMorgan Chase & Co. (0.87%), JPMorgan Chase & Co. (0.87%), Man Group plc (0.37%) and Triarii Capital Management LP (0.35%). 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 major investors are selling Ramaco Resources stock?
Which major investors are buying Ramaco Resources stock?
METC stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., AlpInvest Partners B.V., Foundry Partners LLC and Travelers Companies 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 $5.37.
How big of a company is Ramaco Resources?
Ramaco Resources has a market capitalization of $221.66 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.
