Analyst Coverage Initiated Stock
Report Date: 01-16-2024
Symbol: METC - Ramaco Resources, Inc.
Sector: Basic Materials
Industry: Coking Coal
Analyst Coverage Initiated: METC rating Neutral by UBS
Price Target: $21
Ramaco Resources, Inc. (METC)
250 W Main St Ste 210
Lexington, KENTUCKY 40507
Phone: 18592447455
Website: http://www.ramacoresources.com
CEO: Mr. Michael Bauersachs
Ramaco Resources, Inc. engages in the operation and development of coal mining properties. The company is headquartered in Lexington, Kentucky and currently employs 349 full-time employees. The firm is a developer of metallurgical coal in central and southern West Virginia, southwestern Virginia and southwestern Pennsylvania. The firm's project portfolio includes Elk Creek, Berwind, RAM Mine and Knox Creek. As of December 29, 2016, the Elk Creek property in southern West Virginia consisted of approximately 17,128 acres of controlled mineral. The Berwind coal property sits on the border of West Virginia and Virginia. As of December 29, 2016, the Berwind coal property consisted of approximately 31,200 acres of controlled mineral. As of December 29, 2016, the Knox Creek property consisted of approximately 43,281 acres of controlled mineral. The RAM Mine property is located in southwestern Pennsylvania. As of December 29, 2016, the RAM Mine property consisted of approximately 1,567 acres of controlled mineral.