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How to Buy Ramaco Resources Stock

Ramaco Resources Inc

Ramaco Resources, Inc. produces and sells metallurgical coal. The company's development portfolio includes the Elk Creek project consisting of approximately 20,200 acres of controlled mineral and 16 seams located in southern West Virginia; the Berwind property comprising approximately 41,300 acres of controlled mineral and an area of Squire Jim seam coal deposits, which is situated on the border of West Virginia and Virginia; the Knox Creek property consisting of approximately 62,100 acres of controlled mineral that is located in Virginia; and the RAM Mine property comprising approximately 1,570 acres of controlled mineral, which is situated in southwestern Pennsylvania.

Ramaco Resources stock last closed at $15.62, up 0.19% from the previous day, and has increased 83.98% in one year. It has overperformed other stocks in the Coking Coal industry by 0.11 percentage points. Ramaco Resources stock is currently +115.06% from its 52-week low of $7.26, and -31.19% from its 52-week high of $22.70.

There are currently 53.09M shares of METC outstanding. The market value of METC is $829.26M. In the past 24 hours, 371,285 METC shares were traded.

How to Buy Ramaco Resources Stock

Not sure how to invest in Ramaco Resources stock? Here's how.
  1. Choose where to buy Ramaco Resources stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Ramaco Resources stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your payment method and add your information.
  4. Evaluate Ramaco Resources stock: The Ramaco Resources ticker symbol is METC. Is Ramaco Resources stock a good investment? Should you buy shares of METC? How do METC's underlying business fundamentals look? Do top analysts think Ramaco Resources is a good buy? Why has METC's stock price moved recently? (Hint: Our stock research website can help you understand if METC is a good stock to buy).
  5. Place your METC buy order: Decide if you will purchase METC shares at the current market price or use a limit order to purchase METC stock at a given price.
  6. Watch your METC position: Create a watchlist to keep tabs on your new investment in Ramaco Resources stock.

Step 1: Choose where to buy Ramaco Resources stock

You will need a brokerage account to access the NASDAQ market and buy METC shares.

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Step 2: Create your brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal details so you are able to buy METC stock today.

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Step 3: Fund your investment account

Now that you've opened your account on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:

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Step 4: Evaluate Ramaco Resources stock

Once you have decided on the best place to buy Ramaco Resources stock, it's absolutely critical to analyze their stock before you invest, so you actually comprehend the risk as well as the upside.

Ramaco Resources shares data

METC Price
$15.62
1w %
-0.13%
1y %
83.98%
5y %
169.31%
P/E
8.82x
P/B
2.24x
P/S
1.2x
PEG
0.32x
Revenue
$693.52M
Earnings
$82.31M
Fore. Rev. Growth
17.5%
Fore. Earn. Growth
30.19%
Market Cap
$829.26M
Next Earnings
May 1, 2024
Next Dividend
N/A

Fundamentals of METC

WallStreetZen was created to help part-time investors perform better fundamental analysis.

You can view all of the due diligence checks on METC's stock page.

Is METC stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge METC's true value.

Using relative valuations metrics:

  • METC could be overvalued based on its P/E ratio of 8.82x, relative to Coking Coal industry P/E ratio of 7.38x
  • METC may be overvalued based on its P/B ratio of 2.24x, relative to Coking Coal industry P/B ratio of 2.14x
  • METC could be undervalued based on its PEG ratio of 0.32x

You can do additional valuation research on METC's stock here.

Is METC a healthy company?

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the METC balance sheet.
  • There are more short-term assets than long-term liabilities on the METC balance sheet.
  • METC earnings of $113.57M is not sufficient to cover its interest payments.
  • METC's operating cash flow of $161.04M allows it to safely service it's debt of $104.59M.

Negative Financial Indicators:

  • Total METC debt is higher than 5 years ago, relative to shareholder equity.
  • METC profit margin has gone down from 20.5% to 11.9% in the past year.
  • METC has a relatively high debt to equity ratio of 0.8.

Do Wall Street analysts think it's a good time to buy Ramaco Resources stock

Out of 4 sell side analysts who give recommendations on METC, the consensus analyst rating on METC is a Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Ramaco Resources stock forecast page.

METC Technical Indicators

SMA10
15.83
SMA20
16.11
SMA50
17.17
SMA100
17.56
SMA200
13.98
MACD
-0.42
MACD Signal
-0.45
MACD Histogram
0.03
RSI
39.66
Stochastic %K
26.08
Stochastic %D
35.49
StochRSI %K
27.31
StochRSI %D
51.36

METC Performance Numbers

Last year, METC earnings were $82.31M. Over the past 5 year, METC's earnings have increased by 22.95% per year. This was faster than the Coking Coal industry average of 7.81%.

Last year, METC revenue was $693.52M. During the last 5 year, METC's revenue has increased by 24.96% per year. This was faster than the Coking Coal industry average of 8.25%.

You can research METC's earnings and revenue performance here.

Latest Insiders Trades at METC

In the past year, insiders at METC have sold more shares than they have bought.

Randall Whittaker Atkins, CHIEF EXECUTIVE OFFICER of METC, was the latest METC insider to sell. They sold $45,754.58 worth of METC shares on Jan 31, 2024.

Get more info about who owns METC shares here.

Does METC provide a stable income stream?

No, Ramaco Resources doesn't provide an income stream by paying out dividends.

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Step 5: Place your METC buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price limit, place a limit order.

Press the Open button and eToro will place your order.

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Step 6: Watch your METC position

Now that you own some METC stock, you'll want to stay up-to-date on your company.

Put METC on a watchlist to get alerted to the latest events about your METC stock.

METC Feed

How to Buy Stock in Ramaco Resources

To summarize, here are the 6 steps for buying Ramaco Resources stock:

  1. Choose where to buy Ramaco Resources stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Evaluate Ramaco Resources stock
  5. Place your METC buy order
  6. Watch your METC position

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If you would like to get the latest scoop on your new investment in Ramaco Resources, click below.

NASDAQ: METC
$15.62+0.03 (+0.19%)
Updated Apr 22, 2024
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NASDAQ: METC
$15.62+0.03 (+0.19%)
Updated Apr 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ramaco Resources share?

As of Apr 22, 2024, it costs $15.62 to buy one share of Ramaco Resources stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.448 shares of METC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ramaco Resources stock?

According to 4 Wall Street analysts who monitor Ramaco Resources, their consensus recommendation is to buy Ramaco Resources stock.

What is the best way to buy Ramaco Resources stock?

One way to place an order for Ramaco Resources stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.