Ramaco Resources Inc (NASDAQ:METC) has a beta value of 1.14 and has seen 3.01 million shares traded in the last trading session. The company, currently valued at $592.95M, closed the last trade at $11.62 per share which meant it gained $3.22 on the day or 38.33% during that session. The METC stock price is -73.58% off its 52-week high price of $20.17 and 29.69% above the 52-week low of $8.17.
The consensus among analysts is that Ramaco Resources Inc (METC) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 5 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.15.
Ramaco Resources Inc (NASDAQ:METC) trade information
Sporting 38.33% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the METC stock price touched $11.62 or saw a rise of 1.02%. Year-to-date, Ramaco Resources Inc shares have moved 14.95%, while the 5-day performance has seen it change 36.87%. Over the past 30 days, the shares of Ramaco Resources Inc (NASDAQ:METC) have changed 22.72%.
Wall Street analysts have a consensus price target for the stock at $12, which means that the shares’ value could jump 3.17% from current levels. The projected low price target is $12.0 while the price target rests at a high of $12.0. In that case, then, we find that the current price level is -3.27% off the targeted high while a plunge would see the stock gain -3.27% from current levels.
Ramaco Resources Inc (METC) estimates and forecasts
The company’s shares have gained 26.87% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 20.23%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 6.46% over the past 5 years. Earnings growth for 2025 is a modest 481.82% while over the next 5 years, the company’s earnings are expected to increase by 118.02%.
METC Dividends
Ramaco Resources Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.41 at a share yield of 3.55%. The company’s dividend yield has gone up over the past 12 months.
Ramaco Resources Inc (NASDAQ:METC)’s Major holders
The top two institutional holders are YORKTOWN ENERGY PARTNERS IX, L.P. with over 4.85 million shares worth more than $60.44 million. As of 2024-06-30, YORKTOWN ENERGY PARTNERS IX, L.P. held 9.6277% of shares outstanding.
The other major institutional holder is YORKTOWN ENERGY PARTNERS XI, L.P., with the holding of over 4.84 million shares as of 2024-06-30. The firm’s total holdings are worth over $60.2 million and represent 9.5895% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . As of Dec 31, 2024 , the former fund manager holds about 1.89% shares in the company for having 825.8 shares of worth $9.6 million while later fund manager owns 726.2 shares of worth $8.44 million as of Dec 31, 2024 , which makes it owner of about 1.66% of company’s outstanding stock.
