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In a challenging market environment, Ramaco Resources Inc (NASDAQ:METC) stock has touched a 52-week low, dipping to $7.86. With a market capitalization of $420 million and a notable dividend yield of 6.59%, the company maintains a "GOOD" financial health score according to InvestingPro analysis. This price level reflects a significant downturn for the company, which specializes in metallurgical coal for the steel industry. Over the past year, Ramaco Resources has seen its stock value decrease sharply, with a 1-year change showing a decline of -51.17%. This substantial drop underscores the volatility and pressures faced by the coal sector amidst fluctuating demand and regulatory challenges. Investors are closely monitoring the company’s performance for signs of a rebound or further market adjustments. According to InvestingPro data, the company shows promising fundamentals with expected net income growth and strong free cash flow yield, suggesting potential undervaluation at current levels. For detailed analysis and 8 additional ProTips about METC, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Ramaco Resources reported robust fourth-quarter results, with adjusted earnings per share reaching $0.06, a turnaround from a loss of $0.03 in the previous quarter. The company also achieved a revenue of $170.9 million, marking a 2% increase from the prior quarter. Ramaco’s quarterly sales volume hit a record high of over 1.1 million tons, while cash costs decreased to $96 per ton, down from $102, contributing to a 24% increase in adjusted EBITDA to $29.2 million. For 2025, Ramaco reaffirmed its production and sales guidance, with expectations of potential price increases in the latter half of the year due to market conditions.
Additionally, Benchmark analyst Nathan Martin revised the price target for Ramaco Resources, lowering it to $18 from $20, while maintaining a Buy rating. The company also announced a reshuffling in its senior management, with E. Forrest Jones, Jr. transitioning to General Counsel and Evan H. Jenkins being elected as Vice-Chairman of the Board. Ramaco is also advancing its analysis of the rare earth and mineral deposit at its Brook Mine, with plans for a pilot demonstration process and potential construction of a facility later in the year. These developments reflect Ramaco’s strategic efforts to enhance its operational capabilities and explore new growth opportunities.
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