Ramaco Resources, Inc. (METC)
Ramaco Resources, Inc. operates in the Coal industry of the Energy sector, headquartered in Lexington, KY, US. The stock last traded at $10.96, up 7.30% on the session, giving a market capitalisation of $589.4M. On trailing twelve-month figures it carries a trailing P/E of -9.78, a net margin of -12.0%. Its beta of 1.22 implies it has historically moved more than the broad market.
Ramaco Resources, Inc. primarily focuses on the mining and commercialization of metallurgical coal. The company possesses a substantial portfolio of development properties, including the Elk Creek project in southern West Virginia, which spans approximately 20,200 acres of controlled mineral and incorporates 16 distinct coal seams. Additionally, its holdings comprise the Berwind property, an approximately 41,300-acre site of controlled mineral with Squire Jim seam deposits, located on the border between West Virginia and Virginia. Further assets include the Knox Creek property, a vast 62,100-acre controlled mineral tract in Virginia, and the RAM Mine property, encompassing around 1,570 controlled acres in southwestern Pennsylvania. Ramaco provides its products to blast furnace steel manufacturers and coke production facilities throughout the United States, as well as to international consumers of metallurgical coal. The enterprise was established in 2015 and has its corporate headquarters in Lexington, Kentucky.
Ramaco Resources, Inc. is most often compared with the following Energy names: