Ramaco Resources (NASDAQ:METC) Shares Gap Up – What’s Next?

Ramaco Resources, Inc. (NASDAQ:METC)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $16.89, but opened at $17.63. Ramaco Resources shares last traded at $17.14, with a volume of 1,133,744 shares.

Key Headlines Impacting Ramaco Resources

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

• Positive Sentiment: Board authorizes up to $100 million stock repurchase (about 9.7% of shares) — management says it will buy shares on the open market; buybacks typically support EPS and signal management believes the stock is undervalued. Ramaco Announces $100 Million Stock Repurchase Plan
• Positive Sentiment: Multiple media reports highlight the buyback and investor reaction, reinforcing momentum into the stock as traders position for reduced float and potential EPS improvement. Ramaco Resources stock rises after announcing $100 million buyback
• Neutral Sentiment: Signed a non‑binding memorandum of understanding with Mulberry Industries to strengthen a domestic rare‑earths and permanent magnet supply chain — strategic diversification into critical materials could be positive long term but is preliminary and non‑binding. Mulberry Industries, Ramaco Resources Announce MOU
• Neutral Sentiment: Broader market futures were softer on the holiday session, which can mute or amplify intraday moves in small‑cap energy names like METC; this is a market‑wide headwind rather than company‑specific news. Stock Market Today: Dow Jones, S&P 500 Futures Drop
• Negative Sentiment: Portnoy Law Firm has opened an investigation into possible securities fraud and may pursue a class action — potential legal exposure and headline risk could pressure the stock until claims are resolved or dismissed. Ramaco Resources, Inc. Investigated by the Portnoy Law Firm

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Ramaco Resources in a report on Monday. Benchmark upped their price objective on shares of Ramaco Resources from $24.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Morgan Stanley initiated coverage on shares of Ramaco Resources in a research note on Friday, December 5th. They set an “equal weight” rating and a $17.50 price objective on the stock. Robert W. Baird set a $43.00 target price on shares of Ramaco Resources in a research report on Wednesday, October 29th. Finally, Baird R W raised shares of Ramaco Resources to a “strong-buy” rating in a report on Thursday, October 16th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $34.50.

Ramaco Resources Stock Up 3.3%

The company has a quick ratio of 2.24, a current ratio of 2.97 and a debt-to-equity ratio of 0.24. The firm has a 50 day moving average of $23.57 and a two-hundred day moving average of $23.32. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of -26.05 and a beta of 1.41.

Ramaco Resources (NASDAQ:METC) last issued its earnings results on Monday, October 27th. The energy company reported ($0.25) EPS for the quarter, topping the consensus estimate of ($0.30) by $0.05. The firm had revenue of $104.87 million during the quarter, compared to the consensus estimate of $137.63 million. Ramaco Resources had a negative return on equity of 8.26% and a negative net margin of 5.67%.The business’s quarterly revenue was down 27.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.03) earnings per share. As a group, sell-side analysts anticipate that Ramaco Resources, Inc. will post 0.05 EPS for the current fiscal year.

Ramaco Resources declared that its board has initiated a share buyback program on Tuesday, December 23rd that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the energy company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Institutional Trading of Ramaco Resources

A number of hedge funds have recently added to or reduced their stakes in the stock. Hudson Bay Capital Management LP bought a new stake in shares of Ramaco Resources in the 3rd quarter valued at about $834,000. Tudor Investment Corp ET AL bought a new stake in Ramaco Resources in the third quarter valued at approximately $2,019,000. Allworth Financial LP increased its position in Ramaco Resources by 3,603.6% during the 3rd quarter. Allworth Financial LP now owns 1,037 shares of the energy company’s stock valued at $34,000 after purchasing an additional 1,009 shares during the period. Sunbelt Securities Inc. raised its holdings in Ramaco Resources by 400.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,500 shares of the energy company’s stock worth $83,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of Ramaco Resources in the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

About Ramaco Resources

Ramaco Resources, Inc (NASDAQ:METC) is a U.S.-based producer of premium metallurgical coal and industrial minerals, focused on supplying the steel and allied industries. The company’s operations are centered in the Appalachian region of West Virginia, where it develops, mines and processes high-carbon coal products designed to meet the quality requirements of blast‐furnace and electric‐arc furnace steelmakers.

The firm’s flagship asset is the Elk Creek underground mine in Wyoming County, West Virginia, which began commercial production in 2019 and delivers a range of high‐grade metallurgical and anthracite coals.