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Ramaco Resources Announces PEA for Brook Mine Project

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Ramaco Resources Announces PEA for Brook Mine Project

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Ramaco Resources ( (METC) ) has provided an update.

On July 1, 2025, Ramaco Resources announced that Fluor Corporation will deliver a full Preliminary Economic Assessment (PEA) for the Brook Mine by July 8, 2025. The PEA confirms the commercial and technical feasibility of the project, highlighting a net present value of $1.197 billion at an 8% discount rate and an internal rate of return of 38%. The Brook Mine project is expected to produce 1,242 short tons of rare earth oxides annually by 2029, generating $378 million in revenue and $143 million in adjusted EBITDA. The unique geological profile of the Brook Mine allows for a more efficient and cost-effective extraction process compared to traditional rare earth element deposits, positioning Ramaco Resources favorably in the industry.

The most recent analyst rating on (METC) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.

Spark’s Take on METC Stock

According to Spark, TipRanks’ AI Analyst, METC is a Outperform.

Ramaco Resources shows financial resilience with a strong balance sheet and effective cash management, but faces profitability pressures and valuation concerns. The technical analysis indicates strong bullish momentum, but the stock is overbought. Earnings call insights suggest operational strengths, but financial losses and reduced guidance pose challenges. Recent corporate events are positive, reflecting strategic leadership moves.

To see Spark’s full report on METC stock, click here.

More about Ramaco Resources

Ramaco Resources, Inc. operates in the mining industry, focusing on the extraction and processing of rare earth elements and critical minerals. The company is involved in the development of the Brook Mine in Wyoming, which is believed to hold the largest unconventional deposit of rare earth elements sourced from coal and carbonaceous ore in the United States.

Average Trading Volume: 899,137

Technical Sentiment Signal: Buy

Current Market Cap: $616.9M

See more data about METC stock on TipRanks’ Stock Analysis page.

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