<div id="readability-page-1"><div><ul> <li>In recent days, Jefferies upgraded Ramaco Resources from Hold to Buy, highlighting the company’s exposure to metallurgical coal and its Brook Mine rare earth elements project. </li> <li>This shift in analyst stance underscores how Ramaco’s mix of steel-linked coal assets and emerging critical minerals potential is drawing fresh investor attention.</li> <li>Next, we’ll examine how this Jefferies upgrade, particularly its focus on metallurgical coal pricing, shapes Ramaco Resources’ investment narrative.</li> </ul><p>This technology could replace computers: discover 23 stocks that are working to make quantum computing a reality.</p><h2>What Is Ramaco Resources' Investment Narrative?</h2><p>For Ramaco Resources, you really have to buy into a twin-track story: a pure-play metallurgical coal producer with meaningful leverage to steel demand, and a longer-tail option on rare earth elements via the Brook Mine. The Jefferies upgrade leans hard into that first leg, tying its more constructive stance to met coal pricing, operational delivery and progress at Brook. In the near term, the key catalysts still look familiar: coal price realizations, execution on production guidance after a run of losses, and how Ramaco uses its enlarged US$500,000,000 credit facility and US$100,000,000 buyback authority. The Jefferies call itself may not be a game changer, but the 2.9% share price reaction suggests sentiment can swing quickly in a stock that has already been very strong yet remains volatile and not obviously cheap on sales multiples.</p><p> However, investors also need to weigh Ramaco’s recent losses and valuation against that optimism.  Ramaco Resources' shares are on the way up, but they could be overextended by 27%. Uncover the fair value now.</p><h2>Exploring Other Perspectives</h2><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/b401923f-33a5-4c09-8deb-b067999fa26b/chart/quote-price?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/b401923f-33a5-4c09-8deb-b067999fa26b/chart/quote-price"/><figcaption>METC 1-Year Stock Price Chart</figcaption></figure><p> Seven Simply Wall St Community fair value estimates for Ramaco span roughly US$18.38 to US$39.14, highlighting very different expectations. Against that spread, the Jefferies upgrade sharpens the focus on how sensitive this story remains to metallurgical coal pricing and Brook Mine execution.</p><p>Explore 7 other fair value estimates on Ramaco Resources - why the stock might be worth as much as 68% more than the current price!</p><h2>Build Your Own Ramaco Resources Narrative</h2><p>Disagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p><ul><li>A great starting point for your Ramaco Resources research is our analysis highlighting 1 key reward and 2 important warning signs that could impact your investment decision.</li><li>Our free Ramaco Resources research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Ramaco Resources' overall financial health at a glance.</li></ul><h2>Ready For A Different Approach?</h2><p>These stocks are moving-our analysis flagged them today. Act fast before the price catches up:</p><ul><li>The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 23 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.</li><li>The end of cancer? These 29 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.</li><li>Uncover the next big thing with financially sound penny stocks that balance risk and reward.</li></ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data     and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your     financial situation. We aim to bring you long-term focused analysis driven by fundamental data.     Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.     Simply Wall St has no position in any stocks mentioned.</em></p></div></div>

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<p>Jefferies upgraded Ramaco Resources from Hold to Buy, emphasizing its metallurgical coal and rare earth elements project. This upgrade highlights Ramaco's dual focus on steel-linked coal assets and critical minerals, attracting investor interest. Key catalysts include coal pricing, production guidance, and the use of its credit facility. Despite a recent share price increase, concerns about recent losses and valuation persist, with estimates suggesting shares could be overextended by 27%. The upgrade underscores the sensitivity of Ramaco's investment narrative to coal pricing and operational execution.</p>

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SPDR S&P Mtls & Mng

Range Global Coal Index ETF

Invesco DB TR Base Metals ETF

Xtrackers US National Critical Tech ETF

Ramaco Resources

ISHRS MSCI Glb Slct Met & Mining

How Jefferies’ Metallurgical Coal and Rare Earths Upgrade At Ramaco Resources (METC) Has Changed Its Investment Story