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Ramaco Resources
(NASDAQ:METC)
Ramaco Resources (METC) vs. SPDR S&P 500 ETF (SPY)
Ramaco Resources Business Overview & Revenue Model
Ramaco Resources Key Performance Indicators (KPIs)
Ramaco Resources Earnings Call Summary
Ramaco Resources Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 579.50M | 666.29M | 693.52M | 565.69M | 283.39M | 168.91M |
| Gross Profit | 23.28M | 65.92M | 144.08M | 190.42M | 61.16M | 1.93M |
| EBITDA | 45.21M | 88.12M | 169.22M | 195.33M | 73.78M | 14.31M |
| Net Income | -32.88M | 11.19M | 82.31M | 116.04M | 39.76M | -4.91M |
Balance Sheet | ||||||
| Total Assets | 849.65M | 674.69M | 665.84M | 596.34M | 329.03M | 228.62M |
| Cash, Cash Equivalents and Short-Term Investments | 193.85M | 33.01M | 41.96M | 35.61M | 21.89M | 5.30M |
| Total Debt | 136.38M | 103.67M | 101.13M | 138.82M | 51.46M | 17.56M |
| Total Liabilities | 322.74M | 311.88M | 296.23M | 287.14M | 117.96M | 59.53M |
| Stockholders Equity | 526.91M | 362.81M | 369.61M | 309.20M | 211.07M | 169.09M |
Cash Flow | ||||||
| Free Cash Flow | -31.31M | 43.82M | 78.13M | 64.86M | -6.27M | -11.44M |
| Operating Cash Flow | 35.08M | 112.67M | 161.04M | 187.87M | 53.34M | 13.31M |
| Investing Cash Flow | -67.94M | -70.83M | -72.21M | -145.71M | -59.61M | -24.75M |
| Financing Cash Flow | 203.83M | -50.79M | -82.52M | -28.50M | 22.37M | 11.29M |
Ramaco Resources Technical Analysis
Ramaco Resources Risk Analysis
Ramaco Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $3.06B | 12.83 | 13.07% | 11.05% | -9.45% | -46.37% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | $4.69B | 137.92 | 1.67% | 0.36% | -23.25% | -90.78% | |
61 Neutral | $4.29B | -121.71 | -0.87% | 0.96% | -7.21% | -106.39% | |
57 Neutral | $861.69M | -4.52 | -74.70% | ― | 7.60% | -591.73% | |
56 Neutral | $1.22B | -33.46 | -7.40% | 2.83% | -16.99% | -184.02% | |
54 Neutral | $2.70B | -58.79 | -2.87% | ― | -32.53% | -112.77% |
Ramaco Resources Corporate Events
On December 30, 2025, Ramaco Resources, Inc. amended and restated its existing asset-based revolving credit agreement, substantially expanding its borrowing capacity and extending the facility’s term. The new structure increases total commitments to $500 million, comprising a $350 million revolving credit facility and a $150 million accordion feature, up from $200 million and a $75 million accordion under the prior arrangement, and pushes the maturity out to 2030. The facility, led by KeyBank with a broadened syndicate including Truist and several other major banking partners, carries SOFR- or base-rate-based pricing, is secured by a first-priority lien on substantially all of the company’s personal property (excluding real estate and certain equipment), and includes customary covenants, financial tests tied to availability and fixed charge coverage, and standard events of default. This significant increase in credit capacity and term extension marked an important step in 2025 for Ramaco’s balance sheet, enhancing financial flexibility to support disciplined growth in its metallurgical coal business, fund the development of its Brook Mine rare earth and critical mineral project in Wyoming, and underpin nearly $1 billion in capital markets and banking transactions the company executed since August, with implications for continued capital returns and long-term value creation for shareholders.
The most recent analyst rating on (METC) stock is a Hold with a $17.50 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.
On December 23, 2025, Ramaco Resources announced that its board of directors had authorized a share repurchase program of up to $100 million of its Class A common stock, to be executed over a 24‑month period. The buyback may be conducted through open market purchases, block trades or privately negotiated transactions, and the company has board approval to use written trading plans with a third‑party broker to facilitate the repurchases. Management framed the program as a new tool for returning capital to shareholders and underscored that Ramaco’s more than $600 million in capital raises completed in the second half of 2025 leave it well positioned to fund both the repurchases and its capital development plans, while maintaining liquidity. The discretionary nature of the program, which can be modified, suspended or discontinued, and the intent to cancel repurchased shares, suggests a flexible approach to capital allocation aimed at signaling confidence in Ramaco’s operational performance and financial strength while potentially enhancing shareholder value.
The most recent analyst rating on (METC) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.
On December 23, 2025, Ramaco Resources and Georgia-based Mulberry Industries announced they had signed a non-binding memorandum of understanding to negotiate an offtake partnership under which Ramaco would supply customized blends of rare earth oxides, including samarium, NdPr, yttrium, gallium and Dy/Tb, for Mulberry’s permanent magnet manufacturing operations. The planned arrangement would leverage Ramaco’s emerging rare earth production at its Brook Mine in Wyoming and Mulberry’s vertically integrated magnet-making capabilities to strengthen a domestic, ex-China supply chain for advanced permanent magnets used in defense, aerospace, automotive and robotics applications, potentially reducing U.S. reliance on Chinese-controlled rare earth mining, refining and magnet production and supporting national security-focused industrial policy.
The most recent analyst rating on (METC) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.
On December 8, 2025, Ramaco Resources announced the dividend ratio for its previously declared Class B common stock dividend for the fourth quarter of 2025. Shareholders of record on December 5, 2025, will receive 0.014390 of one share of Class B common stock for each share held, based on a closing price of $12.37 per share. The dividend is payable on December 19, 2025, and any fractional shares will be compensated in cash.
The most recent analyst rating on (METC) stock is a Hold with a $17.50 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.
On November 14, 2025, Ramaco Resources announced a stock dividend of $0.1780 per share of Class B common stock, payable in shares of the same stock on December 19, 2025, to shareholders recorded by December 5, 2025. This decision reflects the company’s ongoing commitment to its shareholders, potentially enhancing its stock value and market position, while also indicating financial stability and confidence in its operational growth.
The most recent analyst rating on (METC) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.
On November 13, 2025, Ramaco Resources announced an update to its liquidity information, revealing a significant increase in liquidity to over $580 million as of November 7, 2025, from $87 million in June 2025. This improvement is attributed to three major financing initiatives, including the issuance of convertible senior notes and equity offerings, which will fund the development of its rare earth elements and critical minerals project, supporting strategic growth and corporate purposes.
The most recent analyst rating on (METC) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.
On November 4 and 5, 2025, Ramaco Resources announced a proposed $300 million convertible senior notes offering and a concurrent delta offering, with Goldman Sachs and Morgan Stanley as managers. The proceeds will fund capped call transactions, a rare earth elements project, and strategic growth, impacting market positioning and stakeholder interests.
The most recent analyst rating on (METC) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.
On November 7, 2025, Ramaco Resources Land Holdings, LLC, a subsidiary of Ramaco Resources, Inc., entered into an agreement to purchase coal reserves and related real property interests from Coronado IV LLC and Buchanan Mining Company, LLC for $15 million. The transaction, which is expected to close in November 2025, includes customary conditions and liabilities, potentially impacting Ramaco’s operational capabilities and market positioning in the coal industry.
The most recent analyst rating on (METC) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.
On November 4, 2025, Ramaco Resources announced a proposed offering of convertible senior notes and Class A common stock, aiming to strengthen its financial position. The company is advancing its rare earth elements and critical minerals operations at the Brook Mine in Wyoming, with plans to increase production and expand processing facilities. This development positions Ramaco as a significant player in the U.S. rare earth elements market, potentially impacting its stakeholders positively by enhancing its resource base and operational capabilities.
The most recent analyst rating on (METC) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.
On October 31, 2025, Ramaco Resources announced the posting of a FAQ document on their website regarding the Brook Mine project, highlighting its significance as the first new rare earth and coal mine in the U.S. in decades. The project, which began active mining in July 2025, is expected to play a crucial role in establishing a domestic supply chain for strategic minerals, with significant implications for national defense and technology sectors.
The most recent analyst rating on (METC) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.
On October 31, 2025, Ramaco Resources announced a collaboration with Goldman Sachs to establish a Strategic Critical Minerals Terminal (SCMT) at its Brook Mine in Wyoming. This initiative, approved by Ramaco’s Board on October 27, 2025, aims to mitigate supply chain risks and ensure access to strategic materials, positioning Ramaco as a leading producer of critical minerals and rare earth elements in the U.S. The SCMT will offer stockpiling, storage, and inventory management solutions, with plans to support third-party producers and enhance the domestic supply chain. The Brook Mine’s strategic location with direct railroad and highway access is expected to facilitate efficient distribution to defense and industrial consumers, reinforcing national security and innovation in the rare earths industry.
The most recent analyst rating on (METC) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.