tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ramaco Resources Completes $65 Million Senior Notes Offering

Story Highlights
Ramaco Resources Completes $65 Million Senior Notes Offering

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Ramaco Resources ( (METC) ) just unveiled an announcement.

On July 31, 2025, Ramaco Resources completed a public offering of $57 million in 8.250% Senior Notes due 2030, with an additional $8 million issued following the exercise of an over-allotment option by underwriters on August 1, 2025. The total gross proceeds from the offering amounted to approximately $65 million. The company plans to use a portion of the net proceeds to redeem its outstanding 9.00% Senior Notes due 2026 and allocate the remaining funds for general corporate purposes, including rare earth development and capital expenditures. This financial maneuver aims to improve Ramaco’s debt profile and support its strategic growth initiatives.

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 Neutral.

The overall stock score reflects a challenging financial environment with declining revenue and profitability, balanced by strong corporate events that promise future growth. Technical indicators and earnings call sentiment suggest potential stability, but valuation concerns persist due to recent financial losses.

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

More about Ramaco Resources

Ramaco Resources, Inc. is a company engaged in the operation and development of high-quality, low-cost metallurgical coal in southern West Virginia and southwestern Virginia. It is also a developing producer of coal, rare earth, and critical minerals in Wyoming. The company has its executive offices in Lexington, Kentucky, with operational offices in Charleston, West Virginia, and Sheridan, Wyoming.

Average Trading Volume: 1,973,118

Technical Sentiment Signal: Buy

Current Market Cap: $972.2M

Find detailed analytics on METC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1