Ramaco Resources (NASDAQ:METC) Releases Earnings Results, Misses Expectations By $0.08 EPS

Ramaco Resources (NASDAQ:METC) posted its quarterly earnings data on Tuesday. The energy company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.08), FiscalAI reports. The business had revenue of $150.09 million for the quarter, compared to analysts’ expectations of $140.23 million. Ramaco Resources had a negative net margin of 11.98% and a negative return on equity of 13.54%.

Here are the key takeaways from Ramaco Resources’ conference call:

• Coal markets and 2027 visibility improved: Ramaco has secured 1.7 million tons of 2027 domestic met coal at approximately $139 per ton, with additional carryover export commitments bringing total identified 2027 sales to about 2.8 million tons.
• The company expects substantial low-vol growth from Berwind and Maben, adding nearly 1 million annualized tons during 2026; Maben’s new rail load-out is expected to reduce operating costs by roughly $20 per ton beginning in early 2027.
• Ramaco raised 2026 cash-cost guidance to $101–$103 per ton, citing sharply higher diesel prices, and lowered production and sales guidance while maintaining discipline in the weak high-vol market.
• Liquidity rose 38% year over year to $375 million, including $233 million of cash, while approximately 600,000 tons of excess inventory could provide an estimated $75 million working-capital benefit as it is sold during 2027.
• The Brook Mine critical-minerals project reported strong third-party recoveries and signed three non-binding MOUs, but pilot-plant completion moved to the second half of 2027 because of laboratory delays; approximately $25 million of 2027 capital spending is planned before a refinery investment decision.

Ramaco Resources Price Performance

Shares of METC stock opened at $6.74 on Wednesday. Ramaco Resources has a twelve month low of $6.38 and a twelve month high of $28.67. The stock has a market capitalization of $427.25 million, a price-to-earnings ratio of -6.30 and a beta of 1.46. The stock has a fifty day simple moving average of $9.53 and a two-hundred day simple moving average of $13.39. The company has a current ratio of 4.23, a quick ratio of 3.31 and a debt-to-equity ratio of 1.23.

Insider Activity

In other news, major shareholder Discovery Capital Management, sold 500,000 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $9.57, for a total transaction of $4,785,000.00. Following the transaction, the insider owned 4,811,360 shares in the company, valued at approximately $46,044,715.20. This trade represents a 9.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 46.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. B. Riley Financial reiterated a “buy” rating on shares of Ramaco Resources in a research note on Tuesday, August 18th. Morgan Stanley lowered their target price on shares of Ramaco Resources from $13.00 to $11.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 18th. Weiss Ratings cut shares of Ramaco Resources from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, August 6th. Benchmark reduced their price target on shares of Ramaco Resources from $38.00 to $26.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Finally, Zacks Research upgraded shares of Ramaco Resources from a “strong sell” rating to a “hold” rating in a report on Friday, October 16th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Ramaco Resources currently has a consensus rating of “Hold” and an average price target of $18.33.

Ramaco Resources Company Profile

Ramaco Resources, Inc is a coal producer focused primarily on the development and operation of metallurgical coal mines. Its metallurgical coal is used by steelmakers in the production of coke, a key input in traditional steel manufacturing. The company also produces and sells thermal coal and related coal products where commercially appropriate.

Ramaco Resources operates mining assets in the Central Appalachian region of the United States, including properties in southern West Virginia and Virginia, and owns the Brook Mine development in Sheridan, Wyoming.