--- title: "Yorktown Energy Partners IX L.P. Cuts Position in Ramaco Resources, Inc. (NASDAQ:METC)" description: "Yorktown Energy Partners IX L.P. has reduced its stake in Ramaco Resources, Inc. by 13.4%. The firm now holds 4,854,987 shares of the energy company's stock, making it the largest position in its port" type: "news" locale: "en" url: "https://longbridge.com/en/news/204578879.md" published_at: "2024-05-22T00:02:53.000Z" --- # Yorktown Energy Partners IX L.P. Cuts Position in Ramaco Resources, Inc. (NASDAQ:METC) > Yorktown Energy Partners IX L.P. has reduced its stake in Ramaco Resources, Inc. by 13.4%. The firm now holds 4,854,987 shares of the energy company's stock, making it the largest position in its portfolio. Other investors have also adjusted their positions in Ramaco Resources. The company recently announced a quarterly dividend of $0.138 per share. Analysts have given Ramaco Resources a "Moderate Buy" rating with a consensus target price of $17.50. Yorktown Energy Partners IX L.P. lowered its stake in shares of Ramaco Resources, Inc. (NASDAQ:METC - Free Report) by 13.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,854,987 shares of the energy company's stock after selling 754,453 shares during the quarter. Ramaco Resources makes up approximately 84.8% of Yorktown Energy Partners IX L.P.'s holdings, making the stock its largest position. Yorktown Energy Partners IX L.P. owned approximately 9.21% of Ramaco Resources worth $83,409,000 at the end of the most recent reporting period. Get **Ramaco Resources** alerts: Several other large investors have also recently added to or reduced their stakes in METC. Archer Investment Corp acquired a new position in shares of Ramaco Resources during the fourth quarter valued at $26,000. Global Retirement Partners LLC bought a new stake in shares of Ramaco Resources during the 4th quarter worth about $36,000. AJOVista LLC acquired a new stake in shares of Ramaco Resources in the 4th quarter worth approximately $69,000. Tower Research Capital LLC TRC boosted its holdings in shares of Ramaco Resources by 48,333.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,359 shares of the energy company's stock valued at $75,000 after acquiring an additional 4,350 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of Ramaco Resources by 79.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 7,432 shares of the energy company's stock valued at $82,000 after acquiring an additional 3,284 shares during the period. 74.49% of the stock is owned by institutional investors and hedge funds. ## Ramaco Resources Price Performance Shares of NASDAQ METC traded up $0.14 during trading on Tuesday, hitting $14.39. The company had a trading volume of 509,042 shares, compared to its average volume of 878,084. The company has a market cap of $636.90 million, a P/E ratio of 12.30 and a beta of 1.15. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.95 and a current ratio of 1.23. The business's 50-day moving average is $15.65 and its 200 day moving average is $17.01. Ramaco Resources, Inc. has a 52 week low of $7.26 and a 52 week high of $22.70. Ramaco Resources (NASDAQ:METC - Get Free Report) last announced its earnings results on Thursday, March 7th. The energy company reported $0.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by ($0.07). Ramaco Resources had a return on equity of 17.19% and a net margin of 8.44%. The company had revenue of $202.73 million for the quarter, compared to analyst estimates of $182.60 million. Equities research analysts predict that Ramaco Resources, Inc. will post 1.31 earnings per share for the current fiscal year. ## Ramaco Resources Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Saturday, June 15th. Shareholders of record on Saturday, June 1st will be issued a $0.138 dividend. This represents a $0.55 annualized dividend and a dividend yield of 3.84%. The ex-dividend date of this dividend is Friday, May 31st. Ramaco Resources's payout ratio is 47.01%. ## Wall Street Analyst Weigh In A number of research firms have weighed in on METC. B. Riley cut their target price on Ramaco Resources from $24.00 to $22.00 and set a "buy" rating for the company in a research report on Friday, May 10th. Benchmark cut their price objective on Ramaco Resources from $24.00 to $20.00 and set a "buy" rating for the company in a report on Friday, May 10th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Ramaco Resources presently has an average rating of "Moderate Buy" and a consensus target price of $17.50. **Get Our Latest Stock Report on METC** ## About Ramaco Resources (Free Report) Ramaco Resources, Inc engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 64,050 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres situated in southwestern Pennsylvania southern West Virginia; and the Brook Mine property that covers an area of approximately 16,000 acres located in northeastern Wyoming. ## Read More - Five stocks we like better than Ramaco Resources - EV Stocks and How to Profit from Them - AutoZone Pulling Back Into the Buy Zone - 3 Healthcare Dividend Stocks to Buy - How to Invest in NASDAQ: An Easy-to-Follow Guide - How to Evaluate a Stock Before Buying - Buy the Dip in Palo Alto Networks; Analysts Raise Targets **Want to see what other hedge funds are holding METC?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ramaco Resources, Inc. (NASDAQ:METC - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → Must-See: Elon’s New Invention is Absolutely Insane (From InvestorPlace) (Ad)## Should you invest $1,000 in Ramaco Resources right now? Before you consider Ramaco Resources, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ramaco Resources wasn't on the list. While Ramaco Resources currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [METCB.US - Ramaco Resources](https://longbridge.com/en/quote/METCB.US.md) - [METC.US - Ramaco - CL](https://longbridge.com/en/quote/METC.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | MAX Resource Corp. 任命 Scott Franko 加入其顧問委員會 | MAX Resource Corp. 宣佈 Scott Franko 加入顧問委員會，擔任技術成員。此公告是他們持續努力提升顧問能力的一部分 | [Link](https://longbridge.com/en/news/274766935.md) | | ITC Holdings Corp - METC 發行 1.25 億美元 A 系列票據，2036 年到期 - 美國證券交易委員會文件 | ITC Holdings Corp - METC 發行 1.25 億美元的 A 系列債券，到期日為 2036 年 - SEC 備案 | [Link](https://longbridge.com/en/news/272609406.md) | | 美股夜盤異動：分析師看好目標價 40 美元，Ramaco Resources 夜盤跌 8.37% 引發市場疑慮 | Ramaco - CL 夜盤跌 8.37%；淡水河谷夜盤漲 0.06%，成交額達到 1.17 萬美元；浦項鋼鐵夜盤跌 1.81%，成交額達到 7539 美元；Warrior Met Coal 夜盤漲 0.23%，成交額達到 993 美元。 | [Link](https://longbridge.com/en/news/274073957.md) | | Ramaco Resources 因涉嫌項目虛假陳述而面臨證券欺詐集體訴訟 | 針對 Ramaco Resources Inc.提起了一項集體訴訟，指控該公司在項目進展方面誤導投資者，特別是關於懷俄明州的 Brook Mine。訴訟稱，該公司誇大了進展情況，導致在一份報告揭示沒有顯著的採礦活動後，股價下跌近 10%。投 | [Link](https://longbridge.com/en/news/274690247.md) | | Ramaco Resources 因涉嫌證券欺詐而面臨集體訴訟 | Ramaco Resources Inc. 正面臨一起針對其涉嫌證券欺詐的集體訴訟。投資者聲稱該公司誇大了某些項目的開發進展，特別是位於懷俄明州的布魯克礦。在 2025 年 10 月 23 日，Wolfpack Research 發佈了一份 | [Link](https://longbridge.com/en/news/274690237.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.