<div id="readability-page-1">Ramaco Resources (METC) -11.1% in Wednesday's trading as Goldman Sachs initiated coverage with a Sell rating and $16 price target, saying the company still needs to meaningfully de-risk its Brook Mine asset to warrant its current valuation. Goldman's Brian Lee believes Ramaco's (METC) Brook Mine will be more expensive from an operating and capital ...</div>

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METC

<p>Goldman Sachs initiated coverage of Ramaco Resources (METC) with a Sell rating and a $16 price target, citing the need to de-risk its Brook Mine asset. Analyst Brian Lee highlighted concerns over operating costs, capital expenses, and insufficient demand for scandium. He also noted deteriorating market dynamics for met coal and expects near-term weakness before gradual improvement through 2028.</p>

Ramaco Resources started at Sell by Goldman Sachs on Brook mine skepticism