Ramaco Resources (NASDAQ:METC) Stock Gets Price Target Trim from B. Riley Financial

Ramaco Resources (NASDAQ:METC – Free Report) had its price target trimmed by B. Riley Financial from $24.00 to $17.00 in a research note published on Wednesday morning,Benzinga reports. The brokerage currently has a buy rating on the energy company’s stock.

Several other equities research analysts have also commented on METC. Weiss Ratings lowered Ramaco Resources from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, August 6th. Benchmark lowered their target price on Ramaco Resources from $38.00 to $26.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Zacks Research upgraded Ramaco Resources from a “strong sell” rating to a “hold” rating in a report on Friday, October 16th. Morgan Stanley dropped their price target on Ramaco Resources from $13.00 to $11.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 18th. Finally, Wall Street Zen cut Ramaco Resources from a “sell” rating to a “strong sell” rating in a report on Sunday, October 4th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ramaco Resources presently has an average rating of “Hold” and a consensus price target of $17.33.

View Our Latest Research Report on Ramaco Resources

Ramaco Resources Trading Up 0.6%

NASDAQ METC traded up $0.04 during mid-day trading on Wednesday, reaching $6.24. 2,000,043 shares of the stock were exchanged, compared to its average volume of 2,113,052. The stock has a market cap of $395.55 million, a P/E ratio of -5.47 and a beta of 1.46. The company has a debt-to-equity ratio of 1.23, a current ratio of 4.23 and a quick ratio of 3.31. Ramaco Resources has a one year low of $5.73 and a one year high of $28.67. The stock has a 50 day simple moving average of $9.13 and a 200-day simple moving average of $13.16.

Ramaco Resources (NASDAQ:METC – Get Free Report) last issued its quarterly earnings results on Tuesday, November 3rd. The energy company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.07). Ramaco Resources had a negative net margin of 11.98% and a negative return on equity of 13.54%. The firm had revenue of $150.09 million for the quarter, compared to the consensus estimate of $140.23 million. On average, analysts anticipate that Ramaco Resources will post -1.08 EPS for the current year.

Institutional Trading of Ramaco Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp bought a new position in Ramaco Resources in the second quarter worth approximately $102,000. Fifth Third Bancorp increased its holdings in shares of Ramaco Resources by 1,274.6% during the first quarter. Fifth Third Bancorp now owns 6,873 shares of the energy company’s stock valued at $106,000 after acquiring an additional 6,373 shares in the last quarter. AlpInvest Partners B.V. bought a new stake in shares of Ramaco Resources during the third quarter valued at approximately $120,000. BankChampaign National Association acquired a new position in shares of Ramaco Resources during the first quarter worth approximately $187,000. Finally, Jupiter Topco LLC acquired a new position in shares of Ramaco Resources during the second quarter worth approximately $195,000. 74.49% of the stock is owned by institutional investors.

Ramaco Resources News Roundup

Here are the key news stories impacting Ramaco Resources this week:

  • Positive Sentiment: A Seeking Alpha analysis argues METC’s valuation gives little or no credit to its Brook Mine rare-earth asset and sees potential in the coal business, with the 2027-to-medium-term coal outlook viewed more favorably than current earnings. This is a bullish valuation thesis, not a company announcement. Ramaco Resources: Buy At A Discount Now And Get Brook Mine For Free
  • Positive Sentiment: Northland’s quarterly estimates anticipate a return to modest profitability in Q3 and Q4 2027, following a loss in Q1 and break-even results in Q2—offering a possible later-year recovery signal. Ramaco Resources analyst estimates
  • Negative Sentiment: Northland cut its outlook: Q4 2026 EPS is now estimated at a loss of $0.21, versus a prior loss estimate of $0.04; FY2026 EPS was lowered to a $1.18 loss from a $0.97 loss; and FY2027 shifted to an $0.11 loss from a previously projected $0.12 profit. The Q1 2027 estimate is a $0.28 loss. These revisions reinforce near-term earnings concerns and may weigh on the shares. Ramaco Resources analyst estimates

About Ramaco Resources

(Get Free Report)

Ramaco Resources, Inc is a coal producer focused primarily on the development and operation of metallurgical coal mines. Its metallurgical coal is used by steelmakers in the production of coke, a key input in traditional steel manufacturing. The company also produces and sells thermal coal and related coal products where commercially appropriate.

Ramaco Resources operates mining assets in the Central Appalachian region of the United States, including properties in southern West Virginia and Virginia, and owns the Brook Mine development in Sheridan, Wyoming.

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Analyst Recommendations for Ramaco Resources (NASDAQ:METC)

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