Ramaco Resources, Inc. (METCB)
Market Cap | 532.86M |
Revenue (ttm) | 698.13M |
Net Income (ttm) | 34.31M |
Shares Out | 8.94M |
EPS (ttm) | 0.71 |
PE Ratio | 15.53 |
Forward PE | 8.11 |
Dividend | $0.90 (9.59%) |
Ex-Dividend Date | Aug 30, 2024 |
Volume | 197,750 |
Open | 10.06 |
Previous Close | 10.14 |
Day's Range | 9.39 - 10.14 |
52-Week Range | 9.21 - 13.97 |
Beta | 1.01 |
Analysts | Strong Buy |
Price Target | 19.67 (+109.48%) |
Earnings Date | Nov 4, 2024 |
About METCB
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, 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%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for METCB stock is "Strong Buy." The 12-month stock price forecast is $19.67, which is an increase of 109.48% from the latest price.
News
RAMACO RESOURCES, INC. ANNOUNCES EXERCISE OF UNDERWRITERS' OVER-ALLOTMENT OPTION IN CONNECTION WITH ITS SENIOR UNSECURED NOTES OFFERING
LEXINGTON, Ky. , Dec. 11, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, METCL, METCZ) ("Ramaco Resources" or the "Company") announced today that the underwriters of its previously ...
Ramaco Resources, Inc. Announces Initial 2025 Guidance; First Quarter 2025 Class A Dividend; Fourth Quarter 2024 Dividend Details
LEXINGTON, Ky. , Dec. 5, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal in ...
Independent Interim Report Confirms Commercial and Technical Feasibility of Ramaco's Brook Mine Rare Earth Deposit
Project would be only primary source mine for gallium, germanium, and scandium in the world LEXINGTON, Ky. , Dec. 4, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco Resource...
RAMACO RESOURCES, INC. COMPLETES $50,000,000 SENIOR UNSECURED NOTES OFFERING
LEXINGTON, Ky. , Nov. 27, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, METCL) ("Ramaco Resources" or the "Company") announced today the closing of its previously announced public ...
RAMACO RESOURCES, INC. ANNOUNCES PRICING OF SENIOR UNSECURED NOTES OFFERING
LEXINGTON, Ky. , Nov. 21, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, METCL) ("Ramaco Resources" or the "Company") announced today that it has priced its previously announced pub...
RAMACO RESOURCES, INC. ANNOUNCES PROPOSED PUBLIC OFFERING OF SENIOR UNSECURED NOTES DUE 2029
LEXINGTON, Ky. , Nov. 20, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, METCL) ("Ramaco Resources" or the "Company"), an operator and developer of high-quality, low-cost metallurgi...
Ramaco Resources, Inc. Announces Fourth Quarter Dividend
LEXINGTON, Ky. , Nov. 20, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") today announced that its Board of Directors has declared dividends for the fourth...
Ramaco Resources, Inc. (METC) Q3 2024 Earnings Call Transcript
Ramaco Resources, Inc. (NASDAQ:METC) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Jeremy Sussman - CFO Randy Atkins - Chairman and CEO Chris Blanchard - EVP, Mine...
RAMACO RESOURCES REPORTS THIRD QUARTER 2024 RESULTS
LEXINGTON, Ky. , Nov. 4, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), is a leading operator and developer of high-quality, low-cost metallurgical coal ...
Ramaco Resources, Inc. to Release Third Quarter 2024 Financial Results on Monday, November 4, 2024 and Host Conference Call and Webcast on Tuesday, November 5, 2024
LEXINGTON, Ky. , Oct. 29, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") will report third quarter 2024 financial results on Monday, November 4, 2024 afte...
Ramaco Hires Senior Vice President of Technology from DARPA to Support Rare Earth Element and Carbon Product Development
SHERIDAN, Wyo. , Sept. 30, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) announced today it has hired Dr. Vishnu Sundaresan as senior vice president of Technology to help lead the company...
METCB May Be Yielding Over 12% In 2025 At A Sub $10 Stock Price
Ramaco Resources' Class B shares (METCB) offer a forward yield over 12%, driven by stable volume-based distributions and significant production growth, despite current low pricing pressures. Liquidity...
Ramaco Resources: Headwinds In Metallurgical Coal Prices Likely To Persist
Declining metallurgical coal prices and global steel demand, especially due to the increase in China's steel exports, had a direct impact on Ramaco's recent financial performance. Despite these headwi...
Ramaco Resources, Inc. (METC) Q2 2024 Earnings Call Transcript
Ramaco Resources, Inc. (NASDAQ:METC) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Jeremy Sussman - Chief Financial Officer Randy Atkins - Chairman & Chief Executive...
RAMACO RESOURCES REPORTS SECOND QUARTER 2024 RESULTS
LEXINGTON, Ky. , Aug. 7, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), is a leading operator and developer of high-quality, low-cost metallurgical coal ...
Ramaco Announces Project Update and New Third-Party Groups Assisting in Development of Rare Earth Elements Deposit at Brook Mine
LEXINGTON, Ky. , Aug. 6, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") today released additional information regarding the Brook Mine project in Wyoming,...
Ramaco Resources, Inc. to Release Second Quarter 2024 Financial Results on Wednesday, August 7, 2024 and Host Conference Call and Webcast on Thursday, August 8, 2024
LEXINGTON, Ky. , July 23, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") will report second quarter 2024 financial results on Wednesday, August 7, 2024 af...
Global Researchers, National Political Leaders Convene for Leading Wyoming Research Conference
The annual Ramaco Research Rodeo conference focused this year on carbon products, rare earth elements, artificial intelligence, and more SHERIDAN, Wyo. , July 15, 2024 /PRNewswire/ -- For the fourth y...
Ramaco Announces New Leadership Structure to Accelerate Growth
LEXINGTON, Ky. , May 23, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") announced today it has made several leadership changes, aimed at supporting and ac...
Ramaco Resources, Inc. (METC) Q1 2024 Earnings Call Transcript
Ramaco Resources, Inc. (NASDAQ:METC) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants Jeremy Sussman - EVP & Chief Financial Officer Randall Atkins - Founder, Chairman, Ch...
RAMACO RESOURCES REPORTS FIRST QUARTER 2024 RESULTS
LEXINGTON, Ky. , May 8, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, tod...
Ramaco Announces Hiring of Two Vice Presidents
LEXINGTON, Ky., May 8, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") announced today it has hired David N. Dyer, P.G. as Vice President-Marketing & Analy...
Ramaco Resources, Inc. Announces Increase and Term Extension of Revolving Credit Facility
LEXINGTON, Ky. , May 8, 2024 /PRNewswire/ -- The Company's principal lender, KeyBank, N.A.
Ramaco Resources, Inc. to Release First Quarter 2024 Financial Results on Wednesday, May 8, 2024 and Host Conference Call and Webcast on Thursday, May 9, 2024
LEXINGTON, Ky. , April 25, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") will report first quarter 2024 financial results on Wednesday, May 8, 2024 after...
Ramaco Resources Inc. Recognized for Industry-Leading Safety in West Virginia, Receives Awards from West Virginia Coal Association and State Agencies
CHARLESTON, W.Va. , April 2, 2024 /PRNewswire/ -- For the second consecutive year, Ramaco Resources Inc. (NASDAQ: METC) was awarded for the safety of its operations in West Virginia.