Ramaco Resources, Inc. (METC)
| Market Cap | 885.33M |
| Revenue (ttm) | 626.02M |
| Net Income (ttm) | 66.66M |
| Shares Out | 43.90M |
| EPS (ttm) | 1.44 |
| PE Ratio | 11.81 |
| Forward PE | 7.47 |
| Dividend | $0.50 (2.79%) |
| Ex-Dividend Date | Nov 30, 2023 |
| Volume | 253,789 |
| Open | 16.92 |
| Previous Close | 17.00 |
| Day's Range | 16.92 - 18.06 |
| 52-Week Range | 7.26 - 19.94 |
| Beta | 1.15 |
| Analysts | Strong Buy |
| Price Target | 13.10 (-26.98%) |
| Earnings Date | Nov 7, 2023 |
About METC
Ramaco Resources, Inc. operates, develops, and sells metallurgical coal. Its development portfolio includes the Elk Creek project located in southern West Virginia; the Berwind property situated on the border of West Virginia and Virginia; the Knox Creek property is located in Virginia; and the RAM Mine property situated in southwestern Pennsylvania. The company serves blast furnace steel mills and coke plants in the United States, as well as international metallurgical coal consumers. The company was founded in 2015 and is headquartered in Lex... [Read more]
Financial Performance
In 2022, METC's revenue was $565.69 million, an increase of 99.61% compared to the previous year's $283.39 million. Earnings were $116.04 million, an increase of 191.86%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for METC stock is "Strong Buy." The 12-month stock price forecast is $13.1, which is a decrease of -26.98% from the latest price.
News
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...
RAMACO RESOURCES, INC. ANNUAL MEETING REMINDER
LEXINGTON, Ky. , June 20, 2023 /PRNewswire/ -- As previously announced in the April 28, 2023 Proxy Statement, Ramaco Resources, Inc. (NASDAQ: METC, "Ramaco" or the "Company"), a leading operator and d...
RAMACO RESOURCES PROVIDES UPDATE REGARDING TRANSITION TO NEW DUAL-CLASS SHARE STRUCTURE
LEXINGTON, Ky. , June 12, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, today an...
RAMACO RESOURCES RELEASES CLASS B COMMON STOCK INVESTOR BRIEFING AND INVESTOR PRESENTATION
LEXINGTON, Ky. , June 8, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, today rel...
RAMACO RESOURCES REPORTS FIRST QUARTER 2023 RESULTS
LEXINGTON, Ky. , May 3, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, today repo...
Major Deposits of Magnetic Rare Earth Elements Discovered at Ramaco Resources Mine in Wyoming
SHERIDAN, Wyo.--(BUSINESS WIRE)--Ramaco's Brook Mine property contains perhaps the largest unconventional deposit of REEs discovered in the United States.
Ramaco Resources, Inc. Announces Filing of Definitive Proxy Statement and Special Meeting Date in Connection with Charter Amendment Proposal
LEXINGTON, Ky. , April 26, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco Resources" or the "Company") announced today that it has filed a definitive proxy statement (the "Proxy S...
Energy CEO and Change Advocate for Coal Appointed to Influential International Advisory Council
WASHINGTON--(BUSINESS WIRE)--As part of the global energy transition, political and business leaders are considering a future in which coal plays a role in non-energy, technology-forward applications....
Ramaco Resources, Inc. to Release First Quarter 2023 Financial Results on Wednesday, May 3, 2023 and Host Conference Call and Webcast on Thursday, May 4, 2023
LEXINGTON, Ky. , April 25, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) will report first quarter 2023 financial results on Wednesday, May 3, 2023 after the close of the market.
Ramaco Resources Inc. Continues Exemplary Safety Record, Receives Awards for Operational Safety by West Virginia Coal Association and State Agencies
CHARLESTON, W. Va.--(BUSINESS WIRE)--In recognition of the company's exemplary mine safety performance, this week Ramaco Resources, Inc. (NASDAQ: METC) received five separate Mountaineer Guardian Awar...
Ramaco Resources, Inc. Announces Second-Quarter 2023 Cash Dividend
LEXINGTON, Ky. , April 12, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco" or the "Company") announced that its Board of Directors approved and declared a quarterly cash dividend ...
RAMACO RESOURCES REPORTS FOURTH QUARTER AND FULL-YEAR 2022 RESULTS
LEXINGTON, Ky. , March 8, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, today re...
Ramaco Resources, Inc. to Release Fourth Quarter and Full Year 2022 Financial Results on Wednesday, March 8, 2023 and Host Conference Call and Webcast on Thursday, March 9, 2023
LEXINGTON, Ky. , March 2, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) will report fourth quarter and full year 2022 financial results on Wednesday, March 8, 2023 after the close of the ...
Ramaco Resources, Inc. Announces Key Executive Promotions
LEXINGTON, Ky. , March 1, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco Resources" or the "Company") today announced the promotion of four employees into senior executive roles w...