Ramaco Resources Class A (METC)

• Market cap: $512M
• 1 day: -0.61%
• 5 days: -8.88%
• 1 month: 0.52%
• 3 months: -24.83%
• 6 months: -18.41%
• Year to date: -8.96%
• 1 year: -45.07%
• 5 years: 22.33%
• 10 years: 22.33%
• Sector: Energy
• Industry: Bituminous Coal & Lignite Mining

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 Q4 regulatory filings by fund managers ($100M+ AUM)

133% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 7 (+4) [Q4]

95% more call options, than puts

Call options by funds: $7.48M | Put options by funds: $3.84M

54% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 28

7% more funds holding

Funds holding: 143 [Q3] → 153 (+10) [Q4]

5% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 41

0.33% less ownership

Funds ownership: 72.92% [Q3] → 72.59% (-0.33%) [Q4]

13% less capital invested

Capital invested by funds: $373M [Q3] → $326M (-$47.4M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $13 33% upside
• Avg. target: $13 33% upside
• High target: $13 33% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Jefferies Chris LaFemina 65% 1-year accuracy 13 / 20 met price target

33% upside $13

Buy Maintained

6 Jan 2025