Ramaco Resources, Inc. (METCB)

NASDAQ: METCB · IEX Real-Time Price · USD
10.85
-0.06 (-0.55%)
At close: Jun 14, 2024, 4:00 PM
10.65
-0.20 (-1.84%)
After-hours: Jun 14, 2024, 7:20 PM EDT
-0.55%
Market Cap 637.14M
Revenue (ttm) 699.84M
Net Income (ttm) 59.09M
Shares Out 58.72M
EPS (ttm) 1.25
PE Ratio 8.68
Forward PE 5.43
Dividend $0.95 (8.76%)
Ex-Dividend Date May 31, 2024
Volume 4,581
Open 10.80
Previous Close 10.91
Day's Range 10.76 - 11.04
52-Week Range 8.50 - 19.80
Beta 0.99
Analysts Strong Buy
Price Target 16.42 (+51.34%)
Earnings Date Aug 6, 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]

Industry Coking Coal
Sector Materials
Founded 2015
Employees 811
Stock Exchange NASDAQ
Ticker Symbol METCB
Full Company Profile

Financial Performance

In 2023, METCB'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 METCB stock is "Strong Buy." The 12-month stock price forecast is $16.42, which is an increase of 51.34% from the latest price.

Price Target
$16.42
(51.34% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

Other symbols: METC
22 days ago - PRNewsWire

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...

Other symbols: METC
5 weeks ago - PRNewsWire

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...

Other symbols: METC
5 weeks ago - PRNewsWire

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.

Other symbols: METC
5 weeks ago - PRNewsWire

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...

Other symbols: METC
7 weeks ago - PRNewsWire

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.

Other symbols: METC
2 months ago - PRNewsWire

RAMACO RESOURCES UNAFFECTED BY BALTIMORE BRIDGE COLLAPSE

LEXINGTON, Ky. , March 26, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, ...

Other symbols: METC
2 months ago - PRNewsWire

Ramaco Resources, Inc. Announces Major Independent Rare Earth Elements Update From Weir International; New Shareholder Letter Released; Conference Call To Be Held March 27

LEXINGTON, Ky. , March 21, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, ...

Other symbols: METC
3 months ago - PRNewsWire

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, ...

Other symbols: METC
3 months 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...

Other symbols: METC
3 months 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...

Other symbols: METC
4 months 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 ...

Other symbols: METC
4 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. 23, 2024 /PRNewswire/ -- Levi & Korsinsky notifies investors that it has commenced an investigation of Ramaco Resources, Inc. ("Ramaco") (NASDAQ: METC) concerning possible violations o...

Other symbols: METC
5 months 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...

Other symbols: METC
5 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...

Other symbols: METC
5 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...

Other symbols: METC
5 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...

Other symbols: METC
5 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...

Other symbols: METC
5 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...

Other symbols: METC
6 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...

Other symbols: METC
6 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.

Other symbols: METC
6 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 ...

Other symbols: METC
7 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.

Other symbols: METC
7 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...

Other symbols: METC
7 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...

Other symbols: METC
8 months ago - Business Wire