Jun. 29 at 3:20 PM
$METC $METCB
Things are looking up coking coal and Ramaco is still not really looked at as a Rare Earth Elements company
Ramaco Resources, Inc.: Lexington, KY-based Ramaco Resources is the developer of high-quality, low-cost metallurgical coal and poised to benefit from improving metallurgical coal demand. To meet the demand, the company has restarted the Laurel Fork Mine and is expanding operations at the Berwind Mine by adding a third mining section. The company expects full-year metallurgical coal production of 3.7-4.1 million tons and total sales volumes of 4.1-4.5 million tons.
The Zacks Consensus Estimate for its 2026 and 2027 sales indicates year-over-year growth of 16.86% and 13.33%, respectively. The consensus estimate for its 2026 and 2027 earnings per share implies year-over-year growth of 72.73% and 300%, respectively. Ramaco Resources currently has a Zacks Rank #3.