Ramaco Resources Class AMETC
About: Ramaco Resources Inc is a United States-based company that operates as a pure-play metallurgical coal company with operations in southern West Virginia and southwestern Virginia. Its portfolio includes high-quality metallurgical coal reserves and resources, with a focus on properties such as Elk Creek, Berwind, Knox Creek, and Maben. These properties are strategically located to serve North American blast furnace steel mill and coke plants, as well as international metallurgical coal consumers. Additionally, the company controls mineral deposits in Sheridan, Wyoming, exploring potential opportunities in rare earth elements and coal-to-carbon-based products. Operations are concentrated in the Appalachian basin, with active mines at Elk Creek, Berwind, Knox Creek, and Maben mining complexes.
Employees: 811
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
17% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 41
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
0.22% less ownership
Funds ownership: 73.13% [Q2] → 72.91% (-0.22%) [Q3]
2% less funds holding
Funds holding: 145 [Q2] → 142 (-3) [Q3]
8% less capital invested
Capital invested by funds: $403M [Q2] → $373M (-$30.5M) [Q3]
21% less call options, than puts
Call options by funds: $9M | Put options by funds: $11.4M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Jefferies Chris LaFemina 52% 1-year accuracy 11 / 21 met price target | 36%upside $13 | Buy Maintained | 6 Jan 2025 |
Financial journalist opinion
Based on 3 articles about METC published over the past 30 days
