Ramaco Resources, Inc. (METCB) AI Stock Analysis

Ramaco Resources, Inc. is engaged in the development, operation, and sale of metallurgical coal used in the steelmaking process. Founded in 2015 and based in Lexington, Kentucky, the company operates several major properties across the United States. Its key assets include the Elk Creek project across approximately 20,200 acres in southern West Virginia, the Berwind property spanning about 62,500 acres, the Knox Creek property over 64,050 acres in Virginia, the Maben property covering around 28,000 acres, and the Brook Mine property spanning approximately 16,000 acres in northeastern Wyoming. Ramaco sells coal to blast furnace steel mills and coke plants in the United States and internationally.

Ramaco grew annual revenue from $283.4M in FY2021 to a peak of $693.5M in FY2023, reflecting a 5-year revenue CAGR of 26.0% through FY2025. Performance deteriorated subsequently, with revenue contracting 3.9% in FY2024 to $666.3M and 19.5% in FY2025 to $536.6M. Operating margin dropped from 26.6% in FY2022 to -10.4% in FY2025, swinging net income from $116.0M to a loss of -$51.4M. For the latest quarter ended June 30, 2026, quarterly revenue growth declined 5.3% year-over-year, while quarterly earnings dropped 89.0%. Trailing twelve months revenue stands at $515.4M with EPS of -$1.03 and an operating margin of -12.6%.

As of June 30, 2026, Ramaco held $282.5M in cash and short-term investments against total debt of $468.4M, leaving net debt at $185.9M. The company maintains a current ratio of 4.23 and a debt-to-equity ratio of 1.25 on shareholders' equity of $376.1M. In FY2025, operating cash flow dropped to $2.0M, resulting in free cash flow of -$60.8M after capital expenditures of $62.8M. The company paid $4.3M in dividends in FY2025, while its five-year share count decreased 21.5%.

METCB closed at $3.95 on October 16, 2026, down 63.8% year-to-date and 75.7% over the trailing year, trailing the S&P 500 (SPY) 1-year return of 16.8%. The stock trades at a forward P/E of 5.7x, below the median of its US-listed Basic Materials peers of 13.4x. Its price-to-sales multiple of 0.5x also trades at a discount to the peer median of 1.8x. METCB trades at a price-to-book ratio of 0.8x, an EV-to-revenue ratio of 1.4x, and sits 56.2% below its 200-day moving average.

Ramaco Resources pays a forward annual dividend of $0.61 per share, representing a dividend yield of 15.51%. The company has paid dividends for 4 consecutive years, and its most recent ex-dividend date was September 11, 2026.

Consensus estimates project revenue of $574.6M for the fiscal year ending December 31, 2026. For the following fiscal year, analysts forecast revenue to reach $695.3M, representing estimated revenue growth of 21.0%. The company is scheduled to report its next earnings on October 26, 2026.

This page is an AI-written research summary of Ramaco Resources, Inc. (METCB). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: METCB income statement, METCB balance sheet, METCB key metrics, METCB analyst forecast, METCB chart. See the METCB stock overview for the latest quote and news.