Investigation Launched: The Law Offices of Frank R. Cruz announced an investigation into Ramaco Resources, focusing on potential violations of federal securities laws, particularly concerning allegations related to the Brook Mine project.
Stock Price Decline: Following the release of a report by Wolfpack Research, Ramaco's stock price fell by $3.81, or 9.5%, closing at $36.01 per share on October 23, 2025, resulting in significant losses for investors.
Allegations of False Statements: The report claims that Ramaco's Brook Mine project is a
METC
$14.41+Infinity%1D
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 39.52 USD with a low forecast of 16.15 USD and a high forecast of 50.00 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.
8 Analyst Rating
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 39.52 USD with a low forecast of 16.15 USD and a high forecast of 50.00 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.
6 Buy
1 Hold
1 Sell
Moderate Buy
Current: 13.980
Low
16.15
Averages
39.52
High
50.00
Current: 13.980
Low
16.15
Averages
39.52
High
50.00
Morgan Stanley
Carlos De Alba
Equal Weight
initiated
$17.50
2025-12-05
Reason
Morgan Stanley
Carlos De Alba
Price Target
$17.50
2025-12-05
initiated
Equal Weight
Reason
Morgan Stanley analyst Carlos De Alba initiated coverage of Ramaco Resources with an Equal Weight rating and $17.50 price target. The company is developing Brook Mine, a thermal coal deposit that holds rare earth elements and critical minerals, the analyst tells investors in a research note. The firm believes the project could transform Ramaco but says the investment story "needs some developing."
Goldman Sachs
Brian Lee
Sell
initiated
$16
2025-11-19
Reason
Goldman Sachs
Brian Lee
Price Target
$16
2025-11-19
initiated
Sell
Reason
Goldman Sachs analyst Brian Lee initiated coverage of Ramaco Resources with a Sell rating and $16 price target, which implies 20% downside. The company's valuation has "materially increased above historical levels" given the U.S. focus to establish domestic rare earth capabilities to reduce reliance on China, the analyst tells investors in a research note. Goldman believes Ramaco still needs to "meaningfully derisk" its Brook Mine asset to warrant its current valuation. The low grade nature of the deposit will lead to higher production costs and significant capital needs, contends the firm.
Northland
Jeff Grampp
Outperform
downgrade
$50 -> $44
2025-10-29
Reason
Northland
Jeff Grampp
Price Target
$50 -> $44
2025-10-29
downgrade
Outperform
Reason
Northland analyst Jeff Grampp lowered the firm's price target on Ramaco Resources to $44 from $50 and keeps an Outperform rating on the shares. Q3 results were positive, but updated guidance implies lower Q4 volumes, notes the analyst, who is reducing 2026 estimates in-line with this trajectory. While the investment thesis of its rare earth and critical mineral business is intact, delayed timing of its pilot plant start-up pushes out timing of full-scale operations, the analyst added.
Baird
Ben Kallo
Outperform
downgrade
$63 -> $43
2025-10-29
Reason
Baird
Ben Kallo
Price Target
$63 -> $43
2025-10-29
downgrade
Outperform
Reason
Baird analyst Ben Kallo lowered the firm's price target on Ramaco Resources to $43 from $63 and keeps an Outperform rating on the shares. The firm updated its model following Q3 results which was highlighted by rare earth developments.
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.
