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Yorktown Energy Partners XI, L.P., a significant shareholder in Ramaco Resources, Inc. (NASDAQ:METC), recently disclosed the sale of a substantial portion of its holdings in the company. According to the latest SEC filing, Yorktown Energy Partners sold a total of 205,154 shares of Ramaco Resources’ Class A and Class B common stock over three consecutive days. The stock, currently trading at $8.46 with a market capitalization of $457 million, offers a notable dividend yield of 6.5%. InvestingPro analysis indicates the company maintains a GOOD overall financial health score.
The transactions, which occurred from March 25 to March 27, 2025, involved sales at varying prices. The Class A common stock sales were executed at prices ranging from $8.09 to $8.92 per share, while Class B shares were sold at prices between $7.00 and $8.16 per share. The total value of these sales amounted to approximately $1.78 million. Notably, the current share price sits near its 52-week low of $8.09, and InvestingPro data suggests the stock may be slightly undervalued at current levels.
Following these transactions, Yorktown Energy Partners continues to hold a significant number of shares in Ramaco Resources, with over 4.4 million shares of Class A common stock and over 1 million shares of Class B common stock remaining in its portfolio. For deeper insights into METC’s valuation and comprehensive analysis, investors can access detailed research reports and additional ProTips through InvestingPro.
In other recent news, Ramaco Resources reported a strong fourth quarter with adjusted earnings per share of $0.06, reversing from a loss of $0.03 in the previous quarter. The company’s revenue for the quarter reached $170.9 million, marking a 2% sequential increase. Ramaco achieved a record sales volume of over 1.1 million tons and reduced cash costs to $96 per ton, contributing to a 24% increase in adjusted EBITDA to $29.2 million. The company reiterated its production and sales guidance for 2025, projecting sales of 850,000-950,000 tons in the first quarter and a 33% sequential rise in shipments in the second quarter.
Benchmark analyst Nathan Martin adjusted the price target for Ramaco Resources, lowering it to $18.00 from $20.00, while maintaining a Buy rating. The company ended the year with record liquidity and is exploring opportunities to expand its market share or pursue asset acquisitions. Additionally, Ramaco is advancing its analysis of rare earth and mineral deposits at the Brook Mine, with a complete technical and economic analysis expected by the end of April. In a separate development, Ramaco announced changes in its senior management, with E. Forrest Jones, Jr. appointed as General Counsel and Evan H. Jenkins as Vice-Chairman of the Board.
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