Ramaco Resources Stock Today

METCB Stock   9.86  0.41  3.99%   

Performance

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Odds Of Distress

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Ramaco Resources is trading at 9.86 as of the 22nd of November 2024, a 3.99% down since the beginning of the trading day. The stock's open price was 10.27. Ramaco Resources has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Ramaco Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
22nd of June 2023
Category
Basic Materials
Ramaco Resources is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 8.73 M outstanding shares of which 27.91 K shares are now shorted by private and institutional investors with about 2.38 days to cover all short positions. More on Ramaco Resources

Moving together with Ramaco Stock

  0.61AMR Alpha MetallurgicalPairCorr
  0.68METC Ramaco ResourcesPairCorr

Moving against Ramaco Stock

  0.32HL Hecla MiningPairCorr

Ramaco Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman FounderRandall Atkins
Thematic IdeaCoal (View all Themes)
Business ConcentrationDiversified Metals & Mining, Coking Coal, Basic Materials, NASDAQ Composite, Coal, Materials, Metals & Mining, Coking Coal, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.621.0416
Way Down
Slightly volatile
Gross Profit Margin0.180.288
Way Down
Slightly volatile
Total Current Liabilities178.5 M170 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total132.6 M126.2 M
Sufficiently Up
Slightly volatile
Total Assets714.9 M680.8 M
Sufficiently Up
Slightly volatile
Total Current Assets199.2 M189.7 M
Sufficiently Up
Slightly volatile
Debt Levels
Ramaco Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ramaco Resources' financial leverage. It provides some insight into what part of Ramaco Resources' total assets is financed by creditors.
Liquidity
Ramaco Resources has accumulated 100.55 M in total debt. Note, when we think about Ramaco Resources' use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

80.84 Million
Ramaco Resources (METCB) is traded on NASDAQ Exchange in USA. It is located in 250 West Main Street, Lexington, KY, United States, 40507 and employs 811 people. Ramaco Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 634.08 M. Ramaco Resources classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 8.73 M outstanding shares of which 27.91 K shares are now shorted by private and institutional investors with about 2.38 days to cover all short positions. Ramaco Resources generates positive cash flow from operations, but has no cash available
Check Ramaco Resources Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Ramaco Resources is USD634.08 Million. Over half of Ramaco Resources' outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Ramaco Ownership Details

Ramaco Resources Historical Income Statement

At present, Ramaco Resources' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 51.3 M, whereas Total Operating Expenses is forecasted to decline to about 34.8 M. View More Fundamentals

Ramaco Stock Against Markets

Ramaco Resources Corporate Management

Evan JenkinsGeneral CounselProfile
Paul HornExecutive OperationsProfile
John MarcumExecutive ControllerProfile
James KreutzerSenior OfficerProfile
Christopher BlanchardExecutive DevelopmentProfile
When determining whether Ramaco Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ramaco Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ramaco Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ramaco Resources Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ramaco Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ramaco Resources. If investors know Ramaco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ramaco Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Dividend Share
0.538
Earnings Share
0.67
Revenue Per Share
14.816
Quarterly Revenue Growth
(0.10)
The market value of Ramaco Resources is measured differently than its book value, which is the value of Ramaco that is recorded on the company's balance sheet. Investors also form their own opinion of Ramaco Resources' value that differs from its market value or its book value, called intrinsic value, which is Ramaco Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ramaco Resources' market value can be influenced by many factors that don't directly affect Ramaco Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ramaco Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ramaco Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ramaco Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.