Class Action Filed Against Ramaco Resources, Inc.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3h ago
0mins
Source: Businesswire
- Lawsuit Background: Glancy Prongay Wolke & Rotter LLP has filed a class action in the Southern District of New York on behalf of investors who purchased Ramaco Resources, Inc. (NASDAQ:METC) securities between July 31, 2025, and October 23, 2025, alleging misleading statements and failure to disclose the actual mining activities at the Brook Mine.
- Allegation Details: The complaint claims that Ramaco did not commence significant mining activities as stated, with multiple site visits revealing no active work or equipment, leading to severe misrepresentation of the company's business and prospects to investors.
- Stock Price Reaction: Following the negative report from Wolfpack Research, Ramaco's stock price fell by $3.81, or 9.6%, closing at $36.01 per share on October 23, 2025, indicating a significant decline in market confidence regarding the company's future.
- Investor Action: Investors are notified that they have 60 days to move the court to serve as lead plaintiff to pursue claims for recovering losses under federal securities laws, suggesting potential long-term implications for Ramaco's operations and shareholder confidence.
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Analyst Views on METC
Wall Street analysts forecast METC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for METC is 33.36 USD with a low forecast of 16.00 USD and a high forecast of 44.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
4 Buy
2 Hold
1 Sell
Moderate Buy
Current: 19.970
Low
16.00
Averages
33.36
High
44.00
Current: 19.970
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.
Class Action Filed Against Ramaco Resources for Securities Fraud
- Class Action Initiation: The Law Offices of Frank R. Cruz have filed a class action lawsuit in the Southern District of New York against Ramaco Resources, representing investors who purchased the company's securities between July 31, 2025, and October 23, 2025, alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
- False Statements Allegations: The complaint alleges that throughout the class period, Ramaco made materially false and misleading statements and failed to disclose critical facts regarding the actual mining activities at the Brook Mine, misleading investors about the company's operational progress.
- 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 significant market concerns regarding the company's operations.
- Investor Action Notice: Investors are notified that they have 60 days from this notice to move the court to serve as lead plaintiff in the ongoing securities fraud lawsuit to potentially recover their losses.
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Class Action Filed Against Ramaco Resources, Inc.
- Lawsuit Background: Glancy Prongay Wolke & Rotter LLP has filed a class action in the Southern District of New York on behalf of investors who purchased Ramaco Resources, Inc. (NASDAQ:METC) securities between July 31, 2025, and October 23, 2025, alleging misleading statements and failure to disclose the actual mining activities at the Brook Mine.
- Allegation Details: The complaint claims that Ramaco did not commence significant mining activities as stated, with multiple site visits revealing no active work or equipment, leading to severe misrepresentation of the company's business and prospects to investors.
- Stock Price Reaction: Following the negative report from Wolfpack Research, Ramaco's stock price fell by $3.81, or 9.6%, closing at $36.01 per share on October 23, 2025, indicating a significant decline in market confidence regarding the company's future.
- Investor Action: Investors are notified that they have 60 days to move the court to serve as lead plaintiff to pursue claims for recovering losses under federal securities laws, suggesting potential long-term implications for Ramaco's operations and shareholder confidence.
Continue Reading