Ramaco Resources, Inc. (METC)

Market Cap	540.55M
Revenue (ttm)	698.13M
Net Income (ttm)	34.31M
Shares Out	52.74M
EPS (ttm)	0.71
PE Ratio	14.36
Forward PE	5.89
Dividend	$0.55 (5.33%)
Ex-Dividend Date	Aug 30, 2024

Volume	638,467
Open	10.20
Previous Close	10.43
Day's Range	10.05 - 10.60
52-Week Range	8.94 - 22.48
Beta	1.07
Analysts	Strong Buy
Price Target	19.67 (+91.9%)
Earnings Date	Nov 4, 2024

About METC

Ramaco Resources, Inc. engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 64,050 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres situated in southwestern P...

• Industry: Coking Coal
• Sector: Materials
• IPO Date: Feb 3, 2017
• Employees: 811
• Stock Exchange: NASDAQ
• Ticker Symbol: METC
• Website: https://ramacoresources.com

Financial Performance

In 2023, Ramaco Resources's revenue was $693.52 million, an increase of 22.60% compared to the previous year's $565.69 million. Earnings were $79.54 million, a decrease of -31.45%.

Analyst Forecast

According to 3 analysts, the average rating for METC stock is "Strong Buy." The 12-month stock price forecast is $19.67, which is an increase of 91.90% from the latest price.

Price Target

$19.67

(91.90% upside)

Analyst Consensus: Strong Buy