Ramaco Resources, Inc. (METC)

NASDAQ: METC · IEX Real-Time Price · USD
16.50
-0.33 (-1.96%)
At close: Mar 18, 2024, 4:00 PM
16.40
-0.10 (-0.61%)
After-hours: Mar 18, 2024, 6:31 PM EDT
-1.96%
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]

Industry Coking Coal
Sector Materials
IPO Date Feb 3, 2017
Employees 811
Stock Exchange NASDAQ
Ticker Symbol METC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$18.08
(9.58% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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, ...

11 days ago - PRNewsWire

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...

12 days ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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 ...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

3 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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.

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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.

8 months ago - PRNewsWire

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.

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire