Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Ramaco Resources, Inc.

METCBNASDAQ
Wall Street Score · overall investment25/100
$4.25USD$-0.18 (-4.06%)
Company website www.ramacoresources.com
Headquarters250 West Main Street, Lexington, KY, 40507, US
Financial statement currencyUSD · no FX conversion applied
Energy · Coal
Price updated todayFinancials updated Oct 5, 2026

METCB · Price history

Price at last available close

$4.25

+$0.02 (+0.47%) 1M

2026-10-29

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Company & revenue

About Ramaco Resources, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Ramaco Resources, Inc. specializes in the extraction, development, and global distribution of metallurgical coal. The firm's portfolio encompasses significant development properties, such as the Elk Creek project situated in southern West Virginia, the Berwind property located on the border between West Virginia and Virginia, the Knox Creek property within Virginia, and the RAM Mine in southwestern Pennsylvania. Ramaco provides its coking coal to blast furnace steel manufacturers and coke production facilities throughout the United States, in addition to international consumers of metallurgical coal.

How they make money

Ramaco Resources, Inc. operates as a producer and developer of high-quality metallurgical coal in Central Appalachia, selling its products to domestic and international steel mills and coke plants. The company is also actively developing a rare earth and critical mineral platform at its Brook Mine property in Wyoming, aiming to transition into a dual-platform energy and critical minerals company.

Products & services

The company produces and sells high-volatility and low-volatility metallurgical coal used in steel production. It is also engaged in the exploration and development of rare earth elements and other critical minerals.

Brands & revenue mix

Ramaco Resources

The primary corporate brand under which the company conducts its mining and exploration operations.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Domestic blast furnace steel millsSource
  • Coke plantsSource
  • International metallurgical coal consumersSource

Customer concentration

The company discloses that a significant portion of its revenue is derived from a limited number of customers, which is a common characteristic in the metallurgical coal industry, as noted in the 2025 10-K.

Suppliers, materials & equipment

  • Mining equipment and service providers — The company relies on various third-party contractors and suppliers for mining equipment, maintenance, and logistics services; specific supplier names are not disclosed.Source

Strengths

  • High-quality metallurgical coal reserves in Central AppalachiaSource
  • Diversification into rare earth and critical mineral developmentSource

Risks

  • Volatility in global steel and metallurgical coal demandSource
  • Uncertainty regarding the commercial viability of the Brook Mine rare earth projectSource
  • Regulatory and environmental compliance risksSource

Financial risk observations and what to check

These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.

Diluted weighted-average shares increased 19.1% year over year.

Compare per-share results with total earnings and inspect the equity footnote. A change in weighted-average shares does not by itself establish the cause, the number of shares issued today, or the economic effect of a split.

Total debt increased 249.3% versus the same quarter last year.

Compare the added borrowing with available cash, cash generation and maturities. A percentage increase from a small starting balance can look large without measuring the full debt burden.

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

25

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

28

Poor

Financial Strength

25

Business Quality / Moat

50

Management

0

Growth Quality

38

Risk / Durability

29

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

14

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

21/100

Building Historical Record

Model Score 21/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Asset quality scores strongly
What to watch
  • •Debt service risk
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention

Company-specific research

Questions worth answering for METCB

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving METCB's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •How long can METCB fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •Does METCB's balance between cash and debt leave enough flexibility if business conditions weaken?
  • •What specifically needs to improve for METCB to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify METCB's current valuation?
Debt service risk
Business analysis: 17 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

25

0–100 · Poor

Opportunity Score

14

0–100 · Poor

Market Cap

$362.7M

P/E Ratio

-3.9

EPS

$-1.18

52-Week High

$21.59

52-Week Low

$4.19

Beta

1.15

Shares Outstanding

49.8M

Total Revenue

$515.4M

Total Debt

$468.4M

Dividend Yield (TTM)

14.25%

View dividend history

Liquidation Value / Share

$7.56

Estimated net asset value per share

Dividend / Share (TTM)

$0.61

Trailing 12 months by ex-date; not a forecast

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
43/ 100
+34 pts / 5d

Weakening momentum

5D +9.3% · 20D -3.2% · RSI 45 · Price vs 20D avg +1.7%
Volatility
52/ 100
+9 pts / 5d

Normal movement

20D realized vol 62.8% · 60D 77.8% · Acceleration 0.81x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for METCB

Detected from reported data — verify before acting.

Dividend history reported

Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.

Debt service risk

Interest coverage is low (~-7.2x). Earnings may be strained to cover interest expense.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on METCB.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +High-quality metallurgical coal reserves in Central Appalachia.
  • +Diversification into rare earth and critical mineral development.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Coal industry.
  • −Volatility in global steel and metallurgical coal demand.
  • −Uncertainty regarding the commercial viability of the Brook Mine rare earth project.
  • −Regulatory and environmental compliance risks.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Very Weak25/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

25

Tap for breakdown →

Poor

38

Debt Cost1.7%
Debt Reduction YoY-352.3%
Debt / Equity0.97x

Tap for breakdown →

Poor

13

Revenue YoY-4.0%
Revenue CAGR-12.0%
Net Margin-12.0%

Tap for breakdown →

Elite

99

Asset Growth YoY69.1%
Liquidation/Share$7.56
Net Assets/MCap1.43x

Tap for breakdown →

Poor

0

Earnings Yield-15.9%
Buyback Yield0.0%
Debt Cost1.7%

Tap for breakdown →

Poor

0

ROIC-10.0%
ROE-16.4%
ROA-6.0%

Tap for breakdown →

Fair

50

EPS Growth—
FCF/Share Growth—
Rev/Share Growth-0.3%

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

Poor

34

Revenue13
Moat50
Valuation0

Tap for breakdown →

Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

Poor

25

Interest Coverage-7.2x
ROIC-10.0%
FCF Yield-15.7%

Tap for breakdown →

Poor

34

Financial25
Valuation0
Debt38

Tap for breakdown →

Poor

30

Survival Years7.2 yrs
Current Ratio5.46x
FCF Margin-11.3%

Tap for breakdown →

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Score Changes

3 historical score records available

Previous Score

25

Oct 1, 2026

Change

-0.1

points

Current Score

25

Oct 5, 2026

Category Changes

Revenue-0.2
Debt0
Assets-0.3
Capital0
Management0
Moat0
Valuation0
Buffett-0.1

METCB decreased 0.1 points because some fundamentals weakened.

Projected Score

Projected Score

20

Projected Change

-4.4 points

Preliminary comparable-period financial changes suggest decline of approximately 4.4 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$4.25

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$200M$400M$600M$800M

Additional Metrics

Operating Cash Flow

201520172019202120232025-$65M$0$65M$130M$195M

Total Debt

201520172019202120232025$0$150M$300M$450M$600M

Total Assets

201520172019202120232025$0$300M$600M$900M$1.2B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$515.4M$536.6M$666.3M$693.5M····························
Cost of Revenue$493.3M$523.2M$600.4M$549.4M····························
Gross Profit$22.1M$13.4M$65.9M$144.1M····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$57.4M$69.4M$49.3M$48.8M····························
Operating Expenses$92.2M$69.4M$49.3M$48.8M····························
EBITDA-$3.5M$15.5M$88.1M$169.2M····························
Operating Income-$70.1M-$56.0M$16.6M$95.2M····························
Interest Expense$4.6M$7.8M$6.1M$8.9M····························
Income Before Tax-$76.1M-$62.1M$14.9M$104.7M····························
Income Tax Expense-$14.4M-$10.7M$3.7M$22.4M····························
Net Income-$61.7M-$51.4M$11.2M$82.3M····························
Basic EPS$-1.18$-1.03$0.21$1.73····························
Basic Shares59.29M49.77M44.61M44.75M····························
Diluted Shares59.29M49.77M44.61M44.75M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026

Revenue

$144.8M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.26

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+249.3%

Cash Change

+876.6%

Margin Change

-1.5 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Cash position grew

What Weakened

  • Margins contracted
  • Debt increased

Potential Score Impact

Positive indicators included cash levels. Pressure indicators included revenue growth, EPS growth, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 5.3%. EPS declined 10.3%. Cash increased 876.6%. Total debt increased 249.3%. Net income margin declined by 1.5 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 121 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Log in to view dividend history.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 5, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

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News

Rumor Mill · METCB

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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