Streetbeat News

METCB

Ramaco Resources, Inc.

https://www.ramacoresources.com

Industry

Coal

Ramaco Resources, Inc. operates, develops, and sells metallurgical coal. Its development portfolio includes the Elk Creek project located in southern West Virginia; the Berwind property situated on the border of West Virginia and Virginia; the Knox Creek property is located in Virginia; and the RAM Mine property situated in southwestern Pennsylvania. The company serves blast furnace steel mills and coke plants in the United States, as well as international metallurgical coal consumers. The company was founded in 2015 and is headquartered in Lexington, Kentucky.

Open

10.72

Mkt cap

636M

Volume

15K

High

10.86

P/E Ratio

16.21

52-wk high

16.77

Low

10.53

Div yield

0.09

52-wk low

9.42

Ramaco Resources, Inc. (NASDAQ:METC) held its Q3 2024 earnings conference call on November 5, 2024. Key participants included Jeremy Sussman, Randy Atkins, Chris Blanchard, and Jason Fannin. Analysts from Benchmark Company and B. Riley Securities also participated.

Portfolio Pulse from

November 05, 2024 | 5:15 pm

Ramaco Resources (NASDAQ:METCB) reported Q1 2024 earnings of $0.23 per share, missing the consensus estimate of $0.55 by 58.18%. Sales were $172.676M, slightly below the estimate of $173.611M, marking a 3.80% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:24 pm

The article highlights five value stocks in the basic materials sector with low P/E ratios, indicating potential undervaluation. These stocks include Ramaco Resources (METCB), Sylvamo (SLVM), Commercial Metals (CMC), CF Industries Holdings (CF), and ICL Group (ICL), each showing varying trends in earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 2:39 pm

The article lists 5 value stocks in the Basic Materials sector based on low P/E ratios, indicating potential undervaluation. ArcelorMittal (MT) saw a decrease in EPS and an increase in dividend yield. LSB Industries (LXU) experienced a decrease in EPS. Origin Mat (ORGN) reported a significant increase in EPS. Ramaco Resources (METCB) had an increase in EPS but a decrease in dividend yield. Albemarle (ALB) saw a decrease in EPS but an increase in dividend yield. The article cautions that value stocks may take time to rebound and may not do so.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 2:38 pm

Haynes Intl (NASDAQ:HAYN) will pay a dividend of $0.22 per share on December 15, 2023, with an annualized yield of 1.76%. Shareholders as of November 30, 2023, will be eligible. The company has consistently paid the same dividend since 2019, and its earnings per share have grown from $0.77 in 2019 to $3.58 in 2022, indicating financial health and potential for future dividend increases. Haynes Intl's dividend yield is moderate compared to industry peers, with Ramaco Resources (NASDAQ:METCB) leading at 8.55% yield.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 3:05 pm

Sonos, Inc. (NASDAQ:SONO) reported better-than-expected fourth-quarter results, with a smaller adjusted loss and higher sales than market estimates, leading to a 13.2% rise in its shares. Other companies such as Universal Technical Institute, Inc. (NYSE:UTI), NICE Ltd. (NASDAQ:NICE), Lavoro Limited (NASDAQ:LVRO), Gyre Therapeutics, Inc. (NASDAQ:GYRE), Ramaco Resources, Inc. (NASDAQ:METCB), Macy's, Inc. (NYSE:M), Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC), and Arcos Dorados Holdings Inc. (NYSE:ARCO) also saw their stocks move higher on Thursday after reporting strong quarterly results or earnings.

Portfolio Pulse from Lisa Levin

November 16, 2023 | 4:05 pm

Ramaco Resources reported Q3 earnings of $0.45 per share and sales of $186.97 million.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:22 pm

US Steel (NYSE:X) is set to report its Q3 earnings on Oct. 26. The company is considering strategic options, including a $7.1 billion acquisition offer from Cleveland-Cliffs (NYSE:CLF). US Steel is undergoing a transformation, investing in mini mills and EAFs, which are expected to benefit from the Inflation Reduction Act. The company's stock is trading at attractive valuations among competitors such as Nucor (NYSE:NUE), Reliance Steel & Aluminum (NYSE:RS), Ternium (NYSE:TX), Carpenter Tech (NYSE:CRS), Vale (NYSE:VALE) and Ramaco Resources (NASDAQ:METCB). Wall Street analysts expect US Steel to report $1.15 in EPS for the quarter and $4.39 billion in revenue.

Portfolio Pulse from Surbhi Jain

October 26, 2023 | 12:58 pm

The article discusses value stocks in the basic materials sector, highlighting five companies: Westlake (WLK), SunCoke Energy (SXC), ArcelorMittal (MT), Ramaco Resources (METCB), and Celanese (CE). All these companies have low P/E ratios, indicating they may be undervalued. The article also provides Q1 earnings per share and dividend yield data for each company.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:39 pm

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