Ramaco Resources, Inc. (METC)
Market Cap | 842.03M |
Revenue (ttm) | 693.52M |
Net Income (ttm) | 82.31M |
Shares Out | 50.16M |
EPS (ttm) | 0.70 |
PE Ratio | 23.57 |
Forward PE | 5.86 |
Dividend | $0.55 (3.33%) |
Ex-Dividend Date | Feb 29, 2024 |
Volume | 1,327,043 |
Open | 16.74 |
Previous Close | 16.83 |
Day's Range | 16.11 - 16.81 |
52-Week Range | 7.26 - 22.70 |
Beta | 1.09 |
Analysts | Strong Buy |
Price Target | 18.08 (+9.58%) |
Earnings Date | Mar 7, 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... [Read more]
Financial Performance
In 2023, METC's revenue was $693.52 million, an increase of 22.60% compared to the previous year's $565.69 million. Earnings were $82.31 million, a decrease of -29.07%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for METC stock is "Strong Buy." The 12-month stock price forecast is $18.08, which is an increase of 9.58% from the latest price.
News
RAMACO RESOURCES REPORTS FOURTH QUARTER AND FULL-YEAR 2023 RESULTS
LEXINGTON, Ky. , March 7, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, ...
Ramaco Resources, Inc. to Release Fourth Quarter and Full Year 2023 Financial Results on Thursday, March 7, 2024 and Host Conference Call and Webcast on Friday, March 8, 2024
LEXINGTON, Ky. , March 6, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) will report fourth quarter and full year 2023 financial results on Thursday, March 7, 2024 after the close of the m...
Ramaco Resources, Inc. Provides Guidance Update on Fourth Quarter and Full Year 2023 Results
Increases Full-Year 2024 Guidance Announces Purchase of Prep Plant for Maben Mine Complex LEXINGTON, Ky. , Feb. 12, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "C...
Ramaco Announces Hiring of Distinguished West Virginian as New General Counsel; First Quarter 2024 Class B Dividend Declared
LEXINGTON, Ky., Feb. 1, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") announced today it has hired Evan H. Jenkins, the former Chief Justice of the West ...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of Ramaco Resources, Inc.(METC)
NEW YORK , Jan. 23, 2024 /PRNewswire/ -- Levi & Korsinsky notifies investors that it has commenced an investigation of Ramaco Resources, Inc. ("Ramaco") (NASDAQ: METC) concerning possible violations o...
Ramaco Hires Director of Critical Minerals and Planning to Oversee Company's Rare Earth Element Development
Dr. Alex Moyes brings unique experience in rare earth mining, geoscience, operations management, and data-driven production SHERIDAN, Wyo., Jan. 22, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ...
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Ramaco Resources, Inc. of an Investigation and Potential Class Action Lawsuit - (NASDAQ: METC)
NEW YORK , Jan. 19, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ramaco Resources, Inc.: Due to the forgoing, The Gross Law Firm is investigating potential se...
SHAREHOLDER ALERT: The Law Offices of Vincent Wong Investigate Ramaco Resources, Inc.(METC) for Potential Violations of Securities Laws
NEW YORK , Jan. 18, 2024 /PRNewswire/ -- Attention Ramaco Resources, Inc. ("Ramaco") (NASDAQ: METC) shareholders: The Law Offices of Vincent Wong announce that an investigation has commenced into Rama...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of Ramaco Resources, Inc. (METC)
NEW YORK , Jan. 9, 2024 /PRNewswire/ -- Levi & Korsinsky notifies investors that it has commenced an investigation of Ramaco Resources, Inc. ("Ramaco") (NASDAQ: METC) concerning possible violations of...
Ramaco Chairman and CEO Scheduled to Appear on Sky News on Friday, January 5, and BBC World TV on Wednesday, January 10
LEXINGTON, Ky. , Jan. 4, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) Chairman and CEO Randall Atkins is scheduled to appear for an interview at two United Kingdom television outlets ove...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Ramaco Resources, Inc. - METC
NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Ramaco Resources, Inc. ("Ramaco" or the "Company") (NASDAQ: METC). Such investors are advised t...
Ramaco Resources, Inc. Announces Increase to its First-Quarter 2024 Class A Dividend, Initial 2024 Guidance, and Rare Earth Element Update
LEXINGTON, Ky. , Dec. 6, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, to...
Ramaco Chairman and CEO Scheduled to Appear on Bloomberg TV on Wednesday, December 6
LEXINGTON, Ky. , Dec. 5, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) Chairman and CEO Randall Atkins is scheduled to appear for an interview on Bloomberg TV this week.
Ramaco Resources Board Member Aurelia Skipwith Giacometto Appointed as Head of Louisiana Department of Environmental Quality
LEXINGTON, Ky. , Nov. 27, 2023 /PRNewswire/ -- Today Ramaco Resources, Inc. (NASDAQ: METC) congratulates board member Aurelia Skipwith Giacometto, who has been appointed as Secretary of the Louisiana ...
Ramaco Chairman and CEO Scheduled to Appear on CNBC on Monday, November 13, Fox Business Channel on Wednesday, November 15
LEXINGTON, Ky. , Nov. 13, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) Chairman and CEO Randall Atkins is scheduled to appear on CNBC and Fox Business Channel this week.
RAMACO RESOURCES REPORTS THIRD QUARTER 2023 RESULTS
LEXINGTON, Ky. , Nov. 7, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, to...
Ramaco Resources Inc. Receives National and State Awards for Operational Safety and Environmental Stewardship
LEXINGTON, Ky.--(BUSINESS WIRE)--For the second consecutive year, Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco" or the "Company") is proud to be a recipient of a Sentinels of Safety Award, the Unite...
Ramaco Resources Acquires Commercial Development Rights for Revolutionary Coal-to-Products Process
SHERIDAN, Wyo.--(BUSINESS WIRE)--Following years of collaborative work, Ramaco Resources Inc. formally acquired a patent from the U.S. Department of Energy's leading research institution, the National...
Ramaco Resources, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call; Announces Participation in Upcoming Conferences
LEXINGTON, Ky. , Nov. 1, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) will report third quarter 2023 financial results on Tuesday, November 7, 2023 after the close of the market.
RAMACO RESOURCES PROVIDES UPDATE ON THIRD QUARTER 2023 RESULTS, FULL-YEAR 2023 GUIDANCE, DECLARATION OF FOURTH QUARTER DIVIDENDS, INCREASE IN TRACKING STOCK DIVIDEND AND UPDATE ON RARE EARTH ELEMENT DEVELOPMENT
LEXINGTON, Ky. , Oct. 16, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, t...
RAMACO RESOURCES REPORTS SECOND QUARTER 2023 RESULTS
LEXINGTON, Ky. , Aug. 8, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, to...
Ramaco Resources Announces Substantial Expansion of Brook Mine Rare Earth Elements Exploration Target, Board Approval for Initial Mining in Q4 2023, and new Carbon Product Technologies
LEXINGTON, Ky. , Aug. 7, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), is a leading producer of high-quality, low-cost metallurgical coal in Appalachia.
Ramaco Resources Announces Third Quarter Cash Dividends for Both Class A and Class B Common Stock; and Date of Second Quarter 2023 Results Conference Call
LEXINGTON, Ky. , July 31, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") is a leading producer of high-quality, low-cost metallurgical coal in Appalachia.
RAMACO RESOURCES, INC. RELEASES CLASS B COMMON STOCK Q&A AND UPDATED ANNUAL MEETING INVESTOR DECK
LEXINGTON, Ky. , June 27, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, "Ramaco" or the "Company"), today made a standalone release of questions and answers ("Q&A") related to investor qu...
RAMACO RESOURCES, INC. DUAL-CLASS STRUCTURE UPDATE
LEXINGTON, Ky. , June 23, 2023 /PRNewswire/ -- The shares of the Class B Common Stock of Ramaco Resources, Inc., ("Ramaco" or the "Company"), began trading on June 22 nd, 2023 on NASDAQ under the tick...