METC Stock Summary and Trading Ideas (Ramaco Resources - Class A | NASDAQ:METC)

Ramaco Resources Inc is a United States-based company that operates as a pure-play metallurgical coal company with operations in southern West Virginia and southwestern Virginia. Its portfolio includes high-quality metallurgical coal reserves and resources, with a focus on properties such as Elk Creek, Berwind, Knox Creek, and Maben. These properties are strategically located to serve North American blast furnace steel mill and coke plants, as well as international metallurgical coal consumers. Additionally, the company controls mineral deposits in Sheridan, Wyoming, exploring potential opportunities in rare earth elements and coal-to-carbon-based products. Operations are concentrated in the Appalachian basin, with active mines at Elk Creek, Berwind, Knox Creek, and Maben mining complexes.

Ramaco Resources - Class A trades on the NASDAQ stock market under the symbol METC.

As of January 30, 2025, METC stock price declined to $9.64 with 436,736 million shares trading.

METC has a beta of 1.82, meaning it tends to be more sensitive to market movements. METC has a correlation of 0.13 to the broad based SPY ETF.

METC has a market cap of $506.38 million. This is considered a Small Cap stock.

Last quarter Ramaco Resources - Class A reported $167 million in Revenue and -$.03 earnings per share. This beat revenue expectation by $11 million and missed earnings estimates by -$.01.

In the last 3 years, METC traded as high as $22.70 and as low as $7.26.

The top ETF exchange traded funds that METC belongs to (by Net Assets): VTI, AVUV, IWM, XME, VXF.

METC has underperformed the market in the last year with a return of -46.7%, while the SPY ETF gained +24.7%. In the last 3 month period, METC fell short of the market, returning -2.7%, while SPY returned +4.7%. However, in the most recent 2 weeks METC has outperformed the stock market by returning +4.3%, while SPY returned +2.3%.

METC support price is $9.49 and resistance is $10.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that METC shares will trade within this expected range on the day.