<div id="readability-page-1"><p>Ramaco Resources (NASDAQ:METC - Get Free Report) announced that its Board of Directors has approved a stock buyback program on Tuesday, December 23rd, RTT News reports. The company plans to repurchase $100.00 million in    shares. This repurchase authorization permits the energy company to reacquire up to 9.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.</p><div><p><span></span><span>Get <strong>Ramaco Resources</strong> alerts:</span></p></div><h2>Analyst Ratings Changes</h2><ul><li>These 3 Rare Earth Stocks Are Surging Alongside MP Materials</li></ul><p>A number of equities research analysts have commented on the stock. B. Riley increased their price target on Ramaco Resources from $14.00 to $50.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, October 8th. Baird R W raised Ramaco Resources to a &#34;strong-buy&#34; rating in a research note on Thursday, October 16th. Zacks Research downgraded Ramaco Resources from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research note on Monday, October 13th. Northland Capmk raised Ramaco Resources to a &#34;strong-buy&#34; rating in a report on Wednesday, October 8th. Finally, Jefferies Financial Group downgraded Ramaco Resources from a &#34;buy&#34; rating to a &#34;hold&#34; rating and dropped their price target for the stock from $45.00 to $33.00 in a research note on Tuesday, October 28th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned  a Hold rating and three have issued  a Sell rating to the stock. According to MarketBeat, the company  has an average rating of &#34;Hold&#34; and an average price target of $34.50.</p><p><b>Read Our Latest Stock Report on Ramaco Resources</b></p><h2>Ramaco Resources Trading Up 8.5%</h2><ul><li>Ramaco Resources Pins Hopes on Coal's Untapped Potential </li></ul><p>METC traded up $1.33 during trading on Tuesday, reaching $16.89. The company had a trading volume of 4,463,910 shares, compared to its average volume of 2,661,804. The company has a quick ratio of 2.24, a current ratio of 2.97 and a debt-to-equity ratio of 0.24. The business has a 50 day simple moving average of $23.57 and a 200-day simple moving average of $23.32. The stock has a market cap of $1.11 billion, a P/E ratio of -25.21 and a beta of 1.41. Ramaco Resources has a 52 week low of $6.30 and a 52 week high of $57.80. </p><p>Ramaco Resources (NASDAQ:METC - Get Free Report) last announced its quarterly earnings data on Monday, October 27th. The energy company reported ($0.25) EPS for the quarter, beating the consensus estimate of ($0.30) by $0.05. The company had revenue of $104.87 million for the quarter, compared to the consensus estimate of $137.63 million. Ramaco Resources had a negative return on equity of 8.26% and a negative net margin of 5.67%.Ramaco Resources's quarterly revenue was down 27.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.03) EPS.  On average, equities analysts anticipate that  Ramaco Resources will post 0.05 EPS for the current fiscal year. </p><h2>Ramaco Resources Company Profile</h2> Get Free Report)<p>Ramaco Resources, Inc <span>NASDAQ: METC<span></span></span> is a U.S.-based producer of premium metallurgical coal and industrial minerals, focused on supplying the steel and allied industries. The company’s operations are centered in the Appalachian region of West Virginia, where it develops, mines and processes high-carbon coal products designed to meet the quality requirements of blast‐furnace and electric‐arc furnace steelmakers. </p><p>The firm’s flagship asset is the Elk Creek underground mine in Wyoming County, West Virginia, which began commercial production in 2019 and delivers a range of high‐grade metallurgical and anthracite coals.</p><h2>Read More</h2><ul><li>Five stocks we like better than Ramaco Resources</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ramaco Resources Right Now?</h2><p>Before you consider Ramaco Resources, you'll want to hear this.</p><p>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.</p><p>While Ramaco Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

METC

METCB

<p>Ramaco Resources (NASDAQ:METC) announced a $100 million stock buyback program, allowing the company to repurchase up to 9.7% of its shares. This move suggests the board believes the stock is undervalued. Analysts have mixed ratings on the stock, with some upgrading to 'strong-buy' and others downgrading to 'hold' or 'strong sell'. The company's recent earnings report showed a loss but beat expectations. Ramaco Resources focuses on producing premium metallurgical coal in West Virginia.</p>

Ramaco Resources (NASDAQ:METC) Board of Directors Announces Stock Buyback Program