Ramaco Resources, Inc. (METC)

Market Cap	652.94M
Revenue (ttm)	698.13M
Net Income (ttm)	34.31M
Shares Out	52.53M
EPS (ttm)	0.71
PE Ratio	17.41
Forward PE	11.07
Dividend	$0.55 (4.44%)
Ex-Dividend Date	Aug 30, 2024

Volume	370,222
Open	12.54
Previous Close	12.50
Day's Range	12.36 - 12.86
52-Week Range	9.03 - 22.70
Beta	1.01
Analysts	Strong Buy
Price Target	19.67 (+58.25%)
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 58.25% from the latest price.

Price Target

$19.67

(58.25% upside)

Analyst Consensus: Strong Buy