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Ramaco Resources Secures Second Mine Permit for Brook Mine

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Ramaco Resources Secures Second Mine Permit for Brook Mine

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

On July 29, 2025, Ramaco Resources announced it received a second five-year mine permit for its Brook Mine in Wyoming, allowing continued coal mining and reclamation over 4,548.8 acres. This approval highlights Ramaco’s commitment to responsible resource development and provides confidence in its operational milestones. Earlier, on July 11, the Brook Mine Carbon Ore Rare Earth project was commemorated as the first new rare earth mine in the U.S. in over 70 years, marking a strategic milestone in reducing foreign reliance on critical minerals. Additionally, a $6.1 million grant was approved to support a pilot-scale processing facility at the Brook Mine, with construction planned for later this year.

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 is primarily influenced by the company’s strong financial resilience and strategic corporate events. However, challenges in profitability, negative valuation metrics, and potential overbought technical indicators weigh on the overall outlook.

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

More about Ramaco Resources

Ramaco Resources, Inc. is a developer and operator of high-quality, low-cost metallurgical coal in southern West Virginia and southwestern Virginia, as well as a producer of coal, rare earth, and critical minerals in Wyoming. The company has four active metallurgical coal mining complexes in Central Appalachia and a developing rare earth and coal mine near Sheridan, Wyoming. Ramaco is involved in advanced carbon products and materials production from coal, holding numerous intellectual property patents and agreements.

Average Trading Volume: 1,858,917

Technical Sentiment Signal: Buy

Current Market Cap: $1.1B

For a thorough assessment of METC stock, go to TipRanks’ Stock Analysis page.

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