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Metcb stock has reached an all-time high, hitting a price of 20.91 USD. According to InvestingPro data, the stock’s RSI indicates overbought territory, with the price currently trading just 1% below its 52-week high of 20.56 USD. This milestone reflects a significant upward trend for the company, as Ramaco Resources Inc, the parent company, has experienced a remarkable 1-year change of 94.92%. The stock’s momentum is evident across multiple timeframes, with an impressive 153% gain over the past six months and a YTD return of 96.49%. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading near its fair value. The stock’s impressive performance over the past year highlights strong investor confidence and market interest, contributing to its latest peak. This achievement underscores the company’s growth trajectory and positions it favorably within the market landscape, despite operating with moderate debt levels and an EV/EBITDA multiple of 59.57x. InvestingPro subscribers have access to 12 additional exclusive tips and comprehensive financial metrics for deeper analysis.
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