Jefferies Upgrades Ramaco Resources to Buy with $30 Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 21 2024
0mins
Should l Buy METC?
Source: Benzinga
Ramaco Resources Inc. saw its stock rise by 7.49% as it reached a 20-day high.
The increase follows Jefferies upgrading the company from Hold to Buy, setting a price target of $30. This upgrade reflects optimism regarding met coal price forecasts and the potential for Ramaco's Brook Mine project to drive future growth. Analysts believe that geopolitical factors may further enhance investor confidence in the stock.
The upgrade indicates a positive outlook for Ramaco, contingent on rising met coal prices and successful project developments, which could attract more capital inflows.
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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: 14.750
Low
16.00
Averages
33.36
High
44.00
Current: 14.750
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.
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- BellRing Brands Lawsuit: BellRing Brands, Inc. faces a class action for the period from November 19, 2024, to August 4, 2025, due to failure to disclose excess customer inventory and weakening demand, with a lead plaintiff deadline of March 23, 2026, potentially impacting stock price and market confidence.
- Ramaco Resources Lawsuit: Ramaco Resources, Inc. is accused of misleading investors during the period from July 31, 2025, to October 23, 2025, by not commencing significant mining activities, with a lead plaintiff deadline of March 31, 2026, which may raise doubts about the company's development prospects.
- China Liberal Education Lawsuit: China Liberal Education Holdings Limited is implicated in a
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Faruqi & Faruqi Encourages Ramaco Investors to Reach Out
- Legal Investigation Initiated: Faruq & Faruqi, LLP is investigating potential claims against Ramaco Resources, Inc., particularly for investors who purchased or acquired securities between July 31, 2025, and October 23, 2025, highlighting the firm's commitment to investor rights.
- Investor Contact Information: Securities Litigation Partner Josh Wilson encourages affected investors to reach out directly, providing phone numbers and extension details to assist investors in understanding their legal rights and taking necessary actions.
- Class Action Deadline: Investors should note that the deadline to seek the role of lead plaintiff in the federal securities class action against Ramaco is March 31, 2026, underscoring the importance of prompt action.
- Potential Legal Consequences: This investigation may lead to legal accountability for Ramaco, prompting investors to consider their investment risks and possible legal remedies to protect their interests.
See More
Class Action Filed Against Ramaco Resources for Securities Fraud
- Class Action Initiated: Pomerantz LLP has filed a class action lawsuit against Ramaco Resources, alleging securities fraud and other unlawful business practices, with investors required to apply as Lead Plaintiff by March 31, 2026.
- Allegations Unveiled: A report from Wolfpack Research claims that Ramaco's Brook Mine is a “hoax” and has not been actively mined since its July 2025 groundbreaking, asserting that no equipment was observed during multiple site visits, severely damaging the company's credibility.
- Stock Price Volatility: Following the allegations, Ramaco's stock price fell by $3.81, or 9.57%, closing at $36.01 per share on October 23, 2025, indicating a significant decline in market confidence regarding the company's future.
- Potential Legal Consequences: The lawsuit could result in substantial damages for Ramaco, further harming its market image and potentially impacting its financing capabilities and future business development, prompting investors to closely monitor subsequent developments.
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Ramaco Resources Discusses Rare Earth Deals with Japanese Firms
- Rare Earth Collaboration: Ramaco Resources (METC) is in discussions with Japanese companies regarding rare earth mining, having met with firms like Sumitomo (SSUMY) and Iwatani (IWTNF) to explore potential partnerships, indicating a strategic move into the rare earth market.
- Investment Opportunities: CEO Randell Atkins stated that the meetings aim to explore how Japanese firms could engage in the Brook mine project through offtake agreements, direct investments, and technical cooperation, thereby enhancing the company's competitive edge.
- Policy Alignment: Collaborating with Japanese companies could align with the Trump administration's trade deal, which calls for Japan to invest $550 billion in U.S. projects, showcasing Ramaco's proactive approach to leveraging policy opportunities.
- Project Development: Ramaco is conducting a pre-feasibility study for the Brook mine, expected to be completed by late 2026, which will lay the groundwork for the company's long-term growth in the rare earth sector.
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Reminder of Class Action for Ramaco Resources Investors
- 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, as those who do not may miss out on potential compensation.
- Lawsuit Background: The lawsuit claims that Ramaco failed to disclose significant mining activities at the Brook Mine during the class period, misleading investors about the company's business and prospects, resulting in financial losses when the truth emerged.
- Law Firm's Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, highlighting its success and resources, which investors should consider when selecting legal counsel for representation.
- Investor Action Recommendations: Investors can visit the Rosen Law Firm website or call the toll-free number for more information, ensuring they choose qualified legal representation to protect their rights in the class action and avoid being unrepresented absent class members.
See More
Ramaco Resources Faces Class Action Lawsuit Over Misleading Statements
- Class Action Notice: The Portnoy Law Firm advises Ramaco Resources investors of a class action for those who purchased securities between July 31 and October 23, 2025, with a deadline of March 31, 2026, to file a lead plaintiff motion to safeguard their legal rights.
- False Statement Allegations: The lawsuit alleges that Ramaco made false and misleading statements regarding the development progress at the Brook Mine, claiming no significant mining activities occurred after the groundbreaking on July 11, 2025, leading to investor misconceptions about the company's operational status.
- Stock Price Impact: Following a report from Wolfpack Research labeling the Brook Mine a “hoax,” Ramaco's stock price fell nearly 10% on October 23, 2025, indicating severe market skepticism regarding the company's transparency and operational capabilities.
- Legal Support and Compensation: The Portnoy Law Firm offers complimentary case evaluations to assist investors in pursuing claims for losses incurred due to corporate wrongdoing, demonstrating a strong commitment to protecting investor rights and interests.
See More
Multiple Companies Face Class Action Lawsuits
- BellRing Brands Lawsuit: BellRing Brands, Inc. faces a class action for the period from November 19, 2024, to August 4, 2025, due to failure to disclose excess customer inventory and weakening demand, with a lead plaintiff deadline of March 23, 2026, potentially impacting stock price and market confidence.
- Ramaco Resources Lawsuit: Ramaco Resources, Inc. is accused of misleading investors during the period from July 31, 2025, to October 23, 2025, by not commencing significant mining activities, with a lead plaintiff deadline of March 31, 2026, which may raise doubts about the company's development prospects.
- China Liberal Education Lawsuit: China Liberal Education Holdings Limited is implicated in a
See More
Faruqi & Faruqi Encourages Ramaco Investors to Reach Out
- Legal Investigation Initiated: Faruq & Faruqi, LLP is investigating potential claims against Ramaco Resources, Inc., particularly for investors who purchased or acquired securities between July 31, 2025, and October 23, 2025, highlighting the firm's commitment to investor rights.
- Investor Contact Information: Securities Litigation Partner Josh Wilson encourages affected investors to reach out directly, providing phone numbers and extension details to assist investors in understanding their legal rights and taking necessary actions.
- Class Action Deadline: Investors should note that the deadline to seek the role of lead plaintiff in the federal securities class action against Ramaco is March 31, 2026, underscoring the importance of prompt action.
- Potential Legal Consequences: This investigation may lead to legal accountability for Ramaco, prompting investors to consider their investment risks and possible legal remedies to protect their interests.
See More
Class Action Filed Against Ramaco Resources for Securities Fraud
- Class Action Initiated: Pomerantz LLP has filed a class action lawsuit against Ramaco Resources, alleging securities fraud and other unlawful business practices, with investors required to apply as Lead Plaintiff by March 31, 2026.
- Allegations Unveiled: A report from Wolfpack Research claims that Ramaco's Brook Mine is a “hoax” and has not been actively mined since its July 2025 groundbreaking, asserting that no equipment was observed during multiple site visits, severely damaging the company's credibility.
- Stock Price Volatility: Following the allegations, Ramaco's stock price fell by $3.81, or 9.57%, closing at $36.01 per share on October 23, 2025, indicating a significant decline in market confidence regarding the company's future.
- Potential Legal Consequences: The lawsuit could result in substantial damages for Ramaco, further harming its market image and potentially impacting its financing capabilities and future business development, prompting investors to closely monitor subsequent developments.
See More
Ramaco Resources Discusses Rare Earth Deals with Japanese Firms
- Rare Earth Collaboration: Ramaco Resources (METC) is in discussions with Japanese companies regarding rare earth mining, having met with firms like Sumitomo (SSUMY) and Iwatani (IWTNF) to explore potential partnerships, indicating a strategic move into the rare earth market.
- Investment Opportunities: CEO Randell Atkins stated that the meetings aim to explore how Japanese firms could engage in the Brook mine project through offtake agreements, direct investments, and technical cooperation, thereby enhancing the company's competitive edge.
- Policy Alignment: Collaborating with Japanese companies could align with the Trump administration's trade deal, which calls for Japan to invest $550 billion in U.S. projects, showcasing Ramaco's proactive approach to leveraging policy opportunities.
- Project Development: Ramaco is conducting a pre-feasibility study for the Brook mine, expected to be completed by late 2026, which will lay the groundwork for the company's long-term growth in the rare earth sector.
See More
Reminder of Class Action for Ramaco Resources Investors
- 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, as those who do not may miss out on potential compensation.
- Lawsuit Background: The lawsuit claims that Ramaco failed to disclose significant mining activities at the Brook Mine during the class period, misleading investors about the company's business and prospects, resulting in financial losses when the truth emerged.
- Law Firm's Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, highlighting its success and resources, which investors should consider when selecting legal counsel for representation.
- Investor Action Recommendations: Investors can visit the Rosen Law Firm website or call the toll-free number for more information, ensuring they choose qualified legal representation to protect their rights in the class action and avoid being unrepresented absent class members.
See More
Ramaco Resources Faces Class Action Lawsuit Over Misleading Statements
- Class Action Notice: The Portnoy Law Firm advises Ramaco Resources investors of a class action for those who purchased securities between July 31 and October 23, 2025, with a deadline of March 31, 2026, to file a lead plaintiff motion to safeguard their legal rights.
- False Statement Allegations: The lawsuit alleges that Ramaco made false and misleading statements regarding the development progress at the Brook Mine, claiming no significant mining activities occurred after the groundbreaking on July 11, 2025, leading to investor misconceptions about the company's operational status.
- Stock Price Impact: Following a report from Wolfpack Research labeling the Brook Mine a “hoax,” Ramaco's stock price fell nearly 10% on October 23, 2025, indicating severe market skepticism regarding the company's transparency and operational capabilities.
- Legal Support and Compensation: The Portnoy Law Firm offers complimentary case evaluations to assist investors in pursuing claims for losses incurred due to corporate wrongdoing, demonstrating a strong commitment to protecting investor rights and interests.
See More
