Ramaco Resources, Inc. (METC) Stock Price & Analysis
Ramaco Resources, Inc. (METC) closed at USD 7.23 on Thursday, October 22, 2026, down 0.69% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 7.28; the Oct 22, 2026 session ranged USD 6.94–7.4 on volume of 1,869,755 shares. Market capitalization is $460.43M, with a 52-week range of USD 6.94–40.63 (NMS). Source: Nexqual, retrieved October 23, 2026 at 10:11 UTC.
Also available as compact Markdown for AI agents: nexqual.com/METC.md
Key facts (METC)
- Last four reported quarters (through Jun 30, 2026): revenue $515M, net income -$61.7M (-12.0% margin), free cash flow -$114M (SEC filings).
- Analysts: Buy (mean 2.38 on a 1–5 scale) (8 analysts), mean target USD 16.76 (range 8–30).
- Total return with dividends: 1Y -79.9% vs S&P 500 +14.9%; 5Y -42.8% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD -0.21, revenue estimate $141M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (METC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $283M | $566M | $694M | $666M | $537M | $515M |
| Gross profit | $88.0M | $233M | $200M | $133M | $83.2M | — |
| Operating income | $39.5M | $150M | $95.2M | $16.6M | -$56.0M | -$72.6M |
| Net income | $39.8M | $116M | $82.3M | $11.2M | -$51.4M | -$61.7M |
| EPS (diluted) | $0.88 | $2.60 | $1.73 | $0.11 | -$0.99 | — |
| Free cash flow | $23.9M | $64.9M | $78.1M | $57.4M | -$60.8M | -$114M |
| Gross margin | 31.0% | 41.1% | 28.8% | 20.0% | 15.5% | — |
| Operating margin | 13.9% | 26.6% | 13.7% | 2.5% | -10.4% | -14.1% |
| Net margin | 14.0% | 20.5% | 11.9% | 1.7% | -9.6% | -12.0% |
| Revenue growth | +67.8% | +99.6% | +22.6% | -3.9% | -19.5% | — |
| Cash + short-term investments | $21.9M | $35.6M | $42.0M | $33.0M | $440M | — |
| Total debt | $45.5M | $129M | $91.4M | $88.2M | $468M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (METC)
P/S 0.9x · P/B 1.2x · FCF yield -24.80% · Earnings yield -13.41%
Analysts (METC)
Consensus Buy (mean 2.38 on a 1–5 scale), 8 analysts; mean target USD 16.76 (low 8, high 30).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-18 | Morgan Stanley | Target lowered | Equal-Weight | $13 → $11 |
| 2026-08-18 | Baird | Downgrade | Outperform → Neutral | $13 |
| 2026-08-06 | Benchmark | Target lowered | Buy | $38 → $26 |
| 2026-08-06 | Goldman Sachs | Target lowered | Neutral | $13 → $11 |
| 2026-07-09 | Goldman Sachs | Target lowered | Neutral | $16 → $13 |
| 2026-07-08 | Morgan Stanley | Target lowered | Equal-Weight | $17 → $13 |
Total return (dividends reinvested) (METC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -79.9% | -42.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -80.0% | -10.5% |
| Volatility (annualized) | 84.0% | 78.9% |
| Max drawdown | -80.0% (Oct 2025→Oct 2026) | -84.7% (Oct 2025→Oct 2026) |
Companies that name METC in their SEC reports
| Relationship to METC | Company | Filing | Sentence |
|---|---|---|---|
| partner | Core Natural Resources, Inc. (CNR) | 10-K Feb 17, 2026 | “The peer group, for the purposes of the information presented below, is comprised of Alliance Resource Partners LP, Alpha Metallurgical Resources, Inc., Hallador Energy Company, Peabody Energy Corporation, Ramaco Resources, Inc. and Warrior Met Coal, Inc. Our peer group was updated for 2025 to remove Arch in light of the Merger with the Company in January 2025.” |
METC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.21 | $-0.11 | +83.1% | $140.7M | 3 |
| Next quarter (ends Dec 2026) | $-0.13 | $-0.07 | +83.0% | $163.6M | 3 |
| Current fiscal year (ends Dec 2026) | $-0.93 | $-0.74 | +25.6% | $574.6M | 4 |
| Next fiscal year (ends Dec 2027) | $0.29 | $0.07 | +351.3% | $695.3M | 3 |
Key Statistics (as of October 23, 2026 at 10:11 UTC)
| Price | USD 7.23 |
|---|---|
| Change | ▼ 0.69% (down) |
| Previous Close | USD 7.28 |
| Open | USD 7.1 |
| Day Range | USD 6.94 – 7.4 |
| 52-Week Range | USD 6.94 – 40.63 |
| Volume | 1,869,755 shares |
| Market Cap | $460.43M |
| Exchange | NMS |
Technical Analysis (METC)
Nexqual's technical model rates METC "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:11 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 18.95 (oversold) |
| vs SMA50 | Below (USD 10.27) |
| MACD | -0.73 (negative) |
Analyst Ratings (METC)
Wall Street analysts rate METC "Buy" based on 8 analysts, with a mean price target of USD 16.76 (range USD 8–30), per Nexqual as of October 23, 2026 at 10:11 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 8 |
| Mean Target | USD 16.76 |
| High Target | USD 30 |
| Low Target | USD 8 |
| Buy / Hold / Sell | 5 / 3 / 0 |
Earnings (METC)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD -0.21 |
| Revenue Estimate | $140.67M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.25 vs est -0.26 ▲ beat |
| 2026-03-31 | USD -0.3 vs est -0.2 ▼ miss |
| 2025-12-31 | USD -0.26 vs est -0.22 ▼ miss |
| 2025-09-30 | USD -0.25 vs est -0.3 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financials & Fundamentals (METC)
| Total Revenue | $515.42M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -5.30% |
| Gross Margin | +14.29% |
| Operating Margin | -12.60% |
| Profit Margin | -11.98% |
| ROE | -17.07% |
| Debt / Equity | 1.25 |
| Current Ratio | 4.23 |
| Total Cash | $282.54M |
| Total Debt | $468.42M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$114.19M (-22.2% of revenue) |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financial Health Score (METC)
Nexqual rates Ramaco Resources, Inc.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 10:11 UTC.
| Growth | Critical — Revenue -19% YoY (annual), sharp decline |
|---|---|
| Profitability | Critical — Gross margin 14%, operating -13% (last 12 months) |
| Balance Sheet | Mixed — $440M cash and investments vs $468M debt (Dec 2025, SEC) |
| Cash Flow | Weak — FCF negative: -$114M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -17%, ROA -5.3% |
Ownership (METC)
| Insider Ownership | +9.83% |
|---|---|
| Institutional Ownership | +92.22% |
| Shares Outstanding | 51.88M |
| Float | 43.74M |
| Short % of Float | +74.49% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Leadership (METC)
Ramaco Resources, Inc. is led by Randall W. Atkins, Founder, Chairman & CEO, per Nexqual as of October 23, 2026 at 10:11 UTC.
| Founder, Chairman & CEO | Randall W. Atkins |
|---|---|
| Secretary, Chief Administrative Officer & Vice-Chairman | Evan H. Jenkins |
| Executive VP & CFO | Jeremy Ryan Sussman |
| Executive VP, Chief Commercial Officer & Chief Marketing Officer | Jason T. Fannin |
| Executive Vice President of Mine Planning and Development | Christopher L. Blanchard |
Major Backers & Investors (METC)
Notable institutional backers of Ramaco Resources, Inc. include Yorktown Energy Partners XI, L.P., Discovery Capital Management, LLC, Dayah Capital Llc, according to Nexqual as of October 23, 2026 at 10:11 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Yorktown Energy Partners XI, L.P. | 12.31% |
| Discovery Capital Management, LLC | 10.24% |
| Dayah Capital Llc | 4.9% |
| Goldman Sachs | 3.32% |
| JPMorgan | 2.92% |
| Fidelity | 1.03% |
| ROYCE MICRO-CAP TRUST, INC.-Royce Micro-Cap Trust Inc | 0.52% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 8.54% |
| State Street | 5.9% |
| Vanguard Group | 3.35% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SXC | SunCoke Energy, Inc. | USD 9.71 | ▼ 1.82% |
| AMR | Alpha Metallurgical Resources, | USD 159.39 | ▼ 0.3% |
| HCC | Warrior Met Coal, Inc. | USD 83 | ▼ 1.44% |
| GFI | Gold Fields Limited | USD 35.14 | ▼ 4.51% |
| NTR | Nutrien Ltd. | USD 69.09 | ▲ 1.42% |
| STLD | Steel Dynamics, Inc. | USD 239.9 | ▼ 3.25% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:11 UTC. This page is informational and not investment advice.
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