Earnings Release: Here's Why Analysts Cut Their Ramaco Resources, Inc. (NASDAQ:METC) Price Target To US$21.25
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 11 2024
0mins
Should l Buy METC?
Source: Yahoo Finance
- Ramaco Resources, Inc. Shares Performance: Shares of Ramaco Resources, Inc. (NASDAQ: METC) dropped 21% after the latest quarterly results, closing at US$12.95.
- Analysts' Forecasts and Reactions: Despite beating revenue expectations and breaking even on EPS, analysts have updated their forecasts, with a consensus for revenues of US$762.0m in 2024 and an EPS jump to US$2.42.
- Price Target Adjustments: Analysts have lowered the price target by 8.6% to US$21.25 per share due to declining revenue being a more significant factor than expected earnings improvement.
- Industry Comparison and Growth Expectations: Ramaco Resources is expected to show slower revenue growth compared to historical rates but still faster than the industry average, with a forecasted 12% growth by the end of 2024.
- Key Takeaways: The consensus shows an upgrade in earnings per share sentiment, despite lower revenue estimates; long-term business prospects are considered more important than short-term earnings.
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Analyst Views on METC
Wall Street analysts forecast METC stock price to rise
7 Analyst Rating
4 Buy
2 Hold
1 Sell
Moderate Buy
Current: 16.310
Low
16.00
Averages
33.36
High
44.00
Current: 16.310
Low
16.00
Averages
33.36
High
44.00
About METC
Ramaco Resources, Inc. is an operator and developer of metallurgical coal in southern West Virginia and southwestern Virginia and a developing producer of coal, rare earth and critical minerals in Wyoming. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company has four active metallurgical coal mining complexes in Central Appalachia and one coal mine and rare earth development near Sheridan, Wyoming in the initial stages of production. Its development portfolio primarily includes properties: Elk Creek, Berwind, Knox Creek, and Maben. It also controls mineral deposits near Sheridan, Wyoming as part of the Company’s initiatives regarding the potential recovery of rare earth elements and critical minerals as well as the potential commercialization of coal-to-carbon-based products and materials. Its Knox Creek Complex includes a preparation plant and 64,050 acres of controlled mineral rights.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Reminder of Class Action Lawsuit for Ramaco Resources Securities
- Class Action Notice: Rosen Law Firm reminds investors who purchased Ramaco Resources securities between July 31, 2025, and October 23, 2025, to apply as lead plaintiffs by March 31, 2026, to potentially receive compensation without any out-of-pocket fees.
- Lawsuit Background: The lawsuit alleges that Ramaco misled investors by failing to disclose a lack of significant mining activity at the Brook Mine during the class period, resulting in misleading positive statements about the company's business and operations, which caused investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, ranked No. 1 by ISS Securities Class Action Services in 2017, showcasing its success and resources in this field.
- Investor Selection Advice: Investors are advised to carefully choose law firms with a proven track record to avoid those that merely act as intermediaries, ensuring effective legal representation and support in the class action.
See More
Faruqi & Faruqi Investigates Ramaco Securities Litigation
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential claims against Ramaco Resources, Inc., specifically urging investors who purchased securities between July 31, 2025, and October 23, 2025, to seek lead plaintiff status by the March 31, 2026 deadline.
- False Statement Allegations: The complaint alleges that Ramaco and its executives violated federal securities laws by failing to disclose that no significant mining activity occurred at the Brook Mine, leading to materially misleading statements about the company's development progress and business prospects.
- Stock Price Plunge: Following the release of a report by Wolfpack Research, Ramaco's stock price fell by $3.81, or 9.6%, closing at $36.01 per share on October 23, 2025, indicating strong market concerns regarding the company's future.
- Investor Rights Protection: Faruq & Faruqi encourages anyone with information about Ramaco's conduct, including whistleblowers and former employees, to contact them directly to provide legal support and information for affected investors.
See More
Ramaco Resources Securities Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Ramaco Resources securities between July 31, 2025, and October 23, 2025, to apply as lead plaintiffs by March 31, 2026, to participate in the class action and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that Ramaco failed to disclose significant mining activities at the Brook Mine during the class period, leading to investor misconceptions about the company's development progress and resulting in financial losses.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, demonstrating its successful track record and extensive experience in this field.
- Investor Action Advice: Investors can visit Rosen Law Firm's website or call the toll-free number for more information, ensuring they select qualified legal counsel to protect their rights and avoid inexperienced intermediaries.
See More
Class Action Reminder for Ramaco and Beyond Meat Shareholders
- Ramaco Class Action: A class action has been initiated against Ramaco Resources, Inc. (NASDAQ:METC), alleging that the company failed to disclose significant operational issues at the Brook Mine from July to October 2025, misleading investors and potentially affecting future financing capabilities.
- Stock Price Impact: Following the release of a report by Wolfpack Research, Ramaco's stock price fell by $3.81, or 9.6%, on October 23, 2025, indicating serious market concerns regarding the company's operational transparency, which may lead to diminished investor confidence.
- Beyond Meat Lawsuit: Beyond Meat, Inc. (NASDAQ:BYND) is also facing a class action lawsuit, alleging that the company did not disclose that the book value of certain long-lived assets exceeded their fair value, which could result in a significant non-cash impairment charge and affect its ability to file periodic reports with the SEC.
- Law Firm's Role: Bragar Eagel & Squire, P.C., representing shareholders, reminds investors to apply to serve as lead plaintiffs before the deadlines, highlighting its proactive role in protecting investor rights.
See More
Class Action Lawsuit Reminder Against Ramaco Resources, Inc.
- Class Action Notification: The Schall Law Firm reminds investors of a class action lawsuit against Ramaco Resources, Inc. (NASDAQ:METC) for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between July 31, 2025, and October 23, 2025.
- False Statement Allegations: The complaint alleges that Ramaco made false and misleading statements, failing to initiate meaningful mining operations at the Brook Mine and overstating progress during the class period, which misled investors.
- Investor Losses: Following the revelation of the truth about Ramaco, investors suffered damages, prompting the Schall Law Firm to encourage affected shareholders to contact them before March 31, 2026, to participate in the lawsuit and seek recovery.
- Legal Consultation Opportunity: The Schall Law Firm offers free legal consultations for investors, who can reach out via phone or the firm's website to understand their rights and the opportunity to join the class action lawsuit.
See More
Ramaco Resources Faces Class Action Lawsuit for Securities Violations
- Class Action Initiated: Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Ramaco Resources, seeking damages for investors who purchased the company's securities between July 31, 2025, and October 23, 2025, indicating strong investor response to potential fraud allegations.
- False Statement Allegations: The complaint alleges that Ramaco's executives made materially false and misleading statements during the class period, failing to disclose the lack of actual mining activity at the Brook Mine, which could lead to significant misinterpretations of the company's prospects and negatively impact stock prices.
- Investor Rights Protection: Affected investors are encouraged to apply to be lead plaintiffs by March 31, 2026, demonstrating the legal team's commitment to safeguarding investor rights while highlighting concerns over corporate governance and accountability.
- Law Firm Background: Bronstein, Gewirtz & Grossman LLC is renowned for recovering hundreds of millions for investors, emphasizing its expertise in securities fraud class actions, which may bolster investor confidence in the case's potential outcomes.
See More
Reminder of Class Action Lawsuit for Ramaco Resources Securities
- Class Action Notice: Rosen Law Firm reminds investors who purchased Ramaco Resources securities between July 31, 2025, and October 23, 2025, to apply as lead plaintiffs by March 31, 2026, to potentially receive compensation without any out-of-pocket fees.
- Lawsuit Background: The lawsuit alleges that Ramaco misled investors by failing to disclose a lack of significant mining activity at the Brook Mine during the class period, resulting in misleading positive statements about the company's business and operations, which caused investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, ranked No. 1 by ISS Securities Class Action Services in 2017, showcasing its success and resources in this field.
- Investor Selection Advice: Investors are advised to carefully choose law firms with a proven track record to avoid those that merely act as intermediaries, ensuring effective legal representation and support in the class action.
See More
Faruqi & Faruqi Investigates Ramaco Securities Litigation
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential claims against Ramaco Resources, Inc., specifically urging investors who purchased securities between July 31, 2025, and October 23, 2025, to seek lead plaintiff status by the March 31, 2026 deadline.
- False Statement Allegations: The complaint alleges that Ramaco and its executives violated federal securities laws by failing to disclose that no significant mining activity occurred at the Brook Mine, leading to materially misleading statements about the company's development progress and business prospects.
- Stock Price Plunge: Following the release of a report by Wolfpack Research, Ramaco's stock price fell by $3.81, or 9.6%, closing at $36.01 per share on October 23, 2025, indicating strong market concerns regarding the company's future.
- Investor Rights Protection: Faruq & Faruqi encourages anyone with information about Ramaco's conduct, including whistleblowers and former employees, to contact them directly to provide legal support and information for affected investors.
See More
Ramaco Resources Securities Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Ramaco Resources securities between July 31, 2025, and October 23, 2025, to apply as lead plaintiffs by March 31, 2026, to participate in the class action and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that Ramaco failed to disclose significant mining activities at the Brook Mine during the class period, leading to investor misconceptions about the company's development progress and resulting in financial losses.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, demonstrating its successful track record and extensive experience in this field.
- Investor Action Advice: Investors can visit Rosen Law Firm's website or call the toll-free number for more information, ensuring they select qualified legal counsel to protect their rights and avoid inexperienced intermediaries.
See More
Class Action Reminder for Ramaco and Beyond Meat Shareholders
- Ramaco Class Action: A class action has been initiated against Ramaco Resources, Inc. (NASDAQ:METC), alleging that the company failed to disclose significant operational issues at the Brook Mine from July to October 2025, misleading investors and potentially affecting future financing capabilities.
- Stock Price Impact: Following the release of a report by Wolfpack Research, Ramaco's stock price fell by $3.81, or 9.6%, on October 23, 2025, indicating serious market concerns regarding the company's operational transparency, which may lead to diminished investor confidence.
- Beyond Meat Lawsuit: Beyond Meat, Inc. (NASDAQ:BYND) is also facing a class action lawsuit, alleging that the company did not disclose that the book value of certain long-lived assets exceeded their fair value, which could result in a significant non-cash impairment charge and affect its ability to file periodic reports with the SEC.
- Law Firm's Role: Bragar Eagel & Squire, P.C., representing shareholders, reminds investors to apply to serve as lead plaintiffs before the deadlines, highlighting its proactive role in protecting investor rights.
See More
Class Action Lawsuit Reminder Against Ramaco Resources, Inc.
- Class Action Notification: The Schall Law Firm reminds investors of a class action lawsuit against Ramaco Resources, Inc. (NASDAQ:METC) for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between July 31, 2025, and October 23, 2025.
- False Statement Allegations: The complaint alleges that Ramaco made false and misleading statements, failing to initiate meaningful mining operations at the Brook Mine and overstating progress during the class period, which misled investors.
- Investor Losses: Following the revelation of the truth about Ramaco, investors suffered damages, prompting the Schall Law Firm to encourage affected shareholders to contact them before March 31, 2026, to participate in the lawsuit and seek recovery.
- Legal Consultation Opportunity: The Schall Law Firm offers free legal consultations for investors, who can reach out via phone or the firm's website to understand their rights and the opportunity to join the class action lawsuit.
See More
Ramaco Resources Faces Class Action Lawsuit for Securities Violations
- Class Action Initiated: Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Ramaco Resources, seeking damages for investors who purchased the company's securities between July 31, 2025, and October 23, 2025, indicating strong investor response to potential fraud allegations.
- False Statement Allegations: The complaint alleges that Ramaco's executives made materially false and misleading statements during the class period, failing to disclose the lack of actual mining activity at the Brook Mine, which could lead to significant misinterpretations of the company's prospects and negatively impact stock prices.
- Investor Rights Protection: Affected investors are encouraged to apply to be lead plaintiffs by March 31, 2026, demonstrating the legal team's commitment to safeguarding investor rights while highlighting concerns over corporate governance and accountability.
- Law Firm Background: Bronstein, Gewirtz & Grossman LLC is renowned for recovering hundreds of millions for investors, emphasizing its expertise in securities fraud class actions, which may bolster investor confidence in the case's potential outcomes.
See More
