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Recommendations
Ramaco Resources price target lowered to $24 from $31 at B. Riley » 08:42
08/10/22
08/10
08:42
08/10/22
08:42
METC

Ramaco Resources

$9.25 /

-1.965 (-17.53%)

B. Riley analyst Lucas…

B. Riley analyst Lucas Pipes lowered the firm's price target on Ramaco Resources to $24 from $31 and keeps a Buy rating on the shares post the Q2 miss on volumes. The analyst cites higher capital spending and costs assumptions for the target drop.

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METC Ramaco Resources
$9.25 /

-1.965 (-17.53%)

METC Ramaco Resources
$9.25 /

-1.965 (-17.53%)

08/09/22 BMO Capital
Ramaco Resources price target lowered to $14 from $18 at BMO Capital
06/07/22 Jefferies
Ramaco Resources upgraded to Buy from Hold at Jefferies
03/09/22 Jefferies
Ramaco Resources price target raised to $19 from $16 at Jefferies
03/08/22 B. Riley
Ramaco Resources price target raised to $31 from $22 at B. Riley
METC Ramaco Resources
$9.25 /

-1.965 (-17.53%)

Tuesday
Recommendations
Ramaco Resources price target lowered to $14 from $18 at BMO Capital » 09:30
08/09/22
08/09
09:30
08/09/22
09:30
METC

Ramaco Resources

$11.20 /

+0.045 (+0.40%)

BMO Capital analyst David…

BMO Capital analyst David Gagliano lowered the firm's price target on Ramaco Resources to $14 from $18 and keeps a Market Perform rating on the shares. The company's Q2 EBITDA missed expectations as logistic challenges resulted in additional inventory builds while prices and costs also missed his estimates, the analyst tells investors in a research note.

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METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

06/07/22 Jefferies
Ramaco Resources upgraded to Buy from Hold at Jefferies
03/09/22 Jefferies
Ramaco Resources price target raised to $19 from $16 at Jefferies
03/08/22 B. Riley
Ramaco Resources price target raised to $31 from $22 at B. Riley
02/03/22 B. Riley
Ramaco Resources price target raised to $22 from $20 at B. Riley
METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

Monday
Hot Stocks
Ramaco Resources sees FY22 CapEx $105M-$125M » 16:37
08/08/22
08/08
16:37
08/08/22
16:37
METC

Ramaco Resources

$11.20 /

+0.045 (+0.40%)

The company said,…

The company said, "We have increased our growth-related capital expenditure guidance by roughly $25 million, and now expect total 2022 capital expenditures of $105 - $125 million. This increase reflects the expenditure for the Maben acquisition, the expansion of the Elk Creek processing capacity, as well as the acceleration of various equipment related capital expenditures for enhanced production from 2022 to 2023. We are reducing our full-year 2022 production guidance to 2.8 - 3.1 million tons due to the previously announced methane ignition at one of the three mines at our Berwind mine complex. We have also increased our cost guidance to $89 - $97 per ton, reflecting lower expected second half tonnage from Berwind, as well as the combination of continued inflationary increase on labor and some mine costs."

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METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

06/07/22 Jefferies
Ramaco Resources upgraded to Buy from Hold at Jefferies
03/09/22 Jefferies
Ramaco Resources price target raised to $19 from $16 at Jefferies
03/08/22 B. Riley
Ramaco Resources price target raised to $31 from $22 at B. Riley
02/03/22 B. Riley
Ramaco Resources price target raised to $22 from $20 at B. Riley
METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

Earnings
Ramaco Resources reports Q2 EPS 74c, consensus $1.49 » 16:36
08/08/22
08/08
16:36
08/08/22
16:36
METC

Ramaco Resources

$11.20 /

+0.045 (+0.40%)

Reports Q2 revenue…

Reports Q2 revenue $138.66M, consensus $178.59M.

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METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

06/07/22 Jefferies
Ramaco Resources upgraded to Buy from Hold at Jefferies
03/09/22 Jefferies
Ramaco Resources price target raised to $19 from $16 at Jefferies
03/08/22 B. Riley
Ramaco Resources price target raised to $31 from $22 at B. Riley
02/03/22 B. Riley
Ramaco Resources price target raised to $22 from $20 at B. Riley
METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

Hot Stocks
Ramaco Resources to acquire Maben Coal for $30M » 16:30
08/08/22
08/08
16:30
08/08/22
16:30
METC

Ramaco Resources

$11.20 /

+0.045 (+0.40%)

Ramaco Resources…

Ramaco Resources announced that it has entered into a Securities Purchase Agreement with Appleton Coal to acquire 100% of the membership interests in Maben Coal LLC for an aggregate purchase price of $30 million. The purchase price will consist of (i) $9 million to be paid in cash at closing and (ii) $21 million to be paid from the proceeds of a secured note payable to Investec Bank, PLC pursuant to a vendor loan facility between the Lender and the company. The completion of the Acquisition remains subject to customary closing conditions, including obtaining certain consents and delivery of ancillary transaction documents. The Company anticipates that the closing will occur in August. The Acquisition is anticipated to be accretive to the Company over the next 12 months. The coal reserves held by Maben Coal LLC consist of approximately 33 million tons of minable coal on over 28,000 leased acres located in Wyoming County and Raleigh County, West Virginia. The property contains various areas of high quality low vol met coal in the Pocahontas 3, Pocahontas 4, Sewell, and Pocahontas 6 (and all seams between the Sewell and Pocahontas 6) seams of coal. The Company expects that the 1.5 million tons of coal contained in the Sewell seam will be immediately mined by the surface and high wall mining methods. The 31 million tons of coal contained in the Pocahontas 3 and the Pocahontas 4 seams may also be developed in the near future through deep mining. The property has existing mining permits issued by the West Virginia Department of Environmental Protection which authorize both surface and highwall mining, as well and underground mining operations. The property also has issued permits covering an existing haul road, as well as an active refuse disposal area together with a preparation plant and unit train loadout, neither of which has yet been constructed. The Sewell seam mine development will begin immediately after the closing. Initial production is expected in the fourth quarter of 2022 which is anticipated to yield 25,000 tons in 2022. This will increase to approximately 250,000 tons in 2023 and remain at that level through 2030. The Company estimates that if operating today, the Maben reserves would have cash mine costs in the $80 per ton range, plus trucking costs to our Knox Creek preparation plant. Capital expenditures related to the Maben acquisition and development including equipment are expected to be approximately $15 million, with the majority of that investment in 2022. The Company expects to determine in the future the timing for moving forward on the development of the deep mine reserves in the Pocahontas 3 and the Pocahontas 4 seams. Such future development would involve adding approximately 1 million tons per year at full production with construction of a new preparation plant and loadout mentioned above. The Company also announced that it had recently approved the expansion of its Elk Creek preparation plant to 3.0 million tons of annual capacity from its current level of 2.1 million tons at the end of 2021. This expansion has already commenced and should be at its full run rate by mid 2023. This expansion will involve the expenditure of $5 million in 2022 and $4 million in 2023.

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METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

06/07/22 Jefferies
Ramaco Resources upgraded to Buy from Hold at Jefferies
03/09/22 Jefferies
Ramaco Resources price target raised to $19 from $16 at Jefferies
03/08/22 B. Riley
Ramaco Resources price target raised to $31 from $22 at B. Riley
02/03/22 B. Riley
Ramaco Resources price target raised to $22 from $20 at B. Riley
METC Ramaco Resources
$11.20 /

+0.045 (+0.40%)

Over a month ago
Hot Stocks
Ramaco Resources announces $5M Q3 cash dividend » 17:08
07/14/22
07/14
17:08
07/14/22
17:08
METC

Ramaco Resources

$10.84 /

-0.6 (-5.24%)

Ramaco Resources…

Ramaco Resources announced that its Board of Directors approved the payment of a $5M quarterly cash dividend in the third quarter of 2022. Specifically, the third quarter dividend in the amount of approximately 11c per common share will be paid on September 15 , to shareholders of record on September.

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METC Ramaco Resources
$10.84 /

-0.6 (-5.24%)

METC Ramaco Resources
$10.84 /

-0.6 (-5.24%)

06/07/22 Jefferies
Ramaco Resources upgraded to Buy from Hold at Jefferies
03/09/22 Jefferies
Ramaco Resources price target raised to $19 from $16 at Jefferies
03/08/22 B. Riley
Ramaco Resources price target raised to $31 from $22 at B. Riley
02/03/22 B. Riley
Ramaco Resources price target raised to $22 from $20 at B. Riley
METC Ramaco Resources
$10.84 /

-0.6 (-5.24%)

Hot Stocks
Ramaco Resources experiences methane ignition at Berwind Complex » 08:08
07/11/22
07/11
08:08
07/11/22
08:08
METC

Ramaco Resources

$11.83 /

-0.365 (-2.99%)

On July 10, 2022, Ramaco…

On July 10, 2022, Ramaco Resources experienced a material methane ignition at its Berwind mining complex. Currently, the cause of the ignition is unknown. The Company, in conjunction with the appropriate state and federal regulatory authorities, will be conducting a full investigation into the incident. The mine was idle at the time of the incident, and there were no personnel in the mine nor any injuries or fatalities. At this time, Ramaco Resources will be evaluating the extent of the damage. Production from the Berwind Complex is expected to be impacted for an indeterminant period of time. The Company will provide further future information regarding plans for both the rehabilitation and restarting of the mine as it becomes available.

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METC Ramaco Resources
$11.83 /

-0.365 (-2.99%)

METC Ramaco Resources
$11.83 /

-0.365 (-2.99%)

06/07/22 Jefferies
Ramaco Resources upgraded to Buy from Hold at Jefferies
03/09/22 Jefferies
Ramaco Resources price target raised to $19 from $16 at Jefferies
03/08/22 B. Riley
Ramaco Resources price target raised to $31 from $22 at B. Riley
02/03/22 B. Riley
Ramaco Resources price target raised to $22 from $20 at B. Riley
METC Ramaco Resources
$11.83 /

-0.365 (-2.99%)

Conference/Events
Ramaco Resources management to meet with B. Riley » 04:55
06/14/22
06/14
04:55
06/14/22
04:55
METC

Ramaco Resources

$15.40 /

-1.91 (-11.03%)

Meetings to be held in…

Meetings to be held in New York on June 13-14 hosted by B. Riley.

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METC Ramaco Resources
$15.40 /

-1.91 (-11.03%)

METC Ramaco Resources
$15.40 /

-1.91 (-11.03%)

06/07/22 Jefferies
Ramaco Resources upgraded to Buy from Hold at Jefferies
03/09/22 Jefferies
Ramaco Resources price target raised to $19 from $16 at Jefferies
03/08/22 B. Riley
Ramaco Resources price target raised to $31 from $22 at B. Riley
02/03/22 B. Riley
Ramaco Resources price target raised to $22 from $20 at B. Riley
METC Ramaco Resources
$15.40 /

-1.91 (-11.03%)

Conference/Events
Ramaco Resources management to meet with B. Riley » 04:55
06/13/22
06/13
04:55
06/13/22
04:55
METC

Ramaco Resources

$17.33 /

+0.56 (+3.34%)

Meetings to be held in…

Meetings to be held in New York on June 13-14 hosted by B. Riley.

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METC Ramaco Resources
$17.33 /

+0.56 (+3.34%)

METC Ramaco Resources
$17.33 /

+0.56 (+3.34%)

06/07/22 Jefferies
Ramaco Resources upgraded to Buy from Hold at Jefferies
03/09/22 Jefferies
Ramaco Resources price target raised to $19 from $16 at Jefferies
03/08/22 B. Riley
Ramaco Resources price target raised to $31 from $22 at B. Riley
02/03/22 B. Riley
Ramaco Resources price target raised to $22 from $20 at B. Riley
METC Ramaco Resources
$17.33 /

+0.56 (+3.34%)

Conference/Events
Ramaco Resources management to meet with B. Riley » 12:13
06/09/22
06/09
12:13
06/09/22
12:13
METC

Ramaco Resources

$16.67 /

-1.035 (-5.85%)

Meetings to be held in…

Meetings to be held in New York on June 13-14 hosted by B. Riley.

ShowHide Related Items >><<
METC Ramaco Resources
$16.67 /

-1.035 (-5.85%)

METC Ramaco Resources
$16.67 /

-1.035 (-5.85%)

06/07/22 Jefferies
Ramaco Resources upgraded to Buy from Hold at Jefferies
03/09/22 Jefferies
Ramaco Resources price target raised to $19 from $16 at Jefferies
03/08/22 B. Riley
Ramaco Resources price target raised to $31 from $22 at B. Riley
02/03/22 B. Riley
Ramaco Resources price target raised to $22 from $20 at B. Riley
METC Ramaco Resources
$16.67 /

-1.035 (-5.85%)

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