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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 $10.13, down 2.88% from the previous day, and has decreased 30.19% in one year. It has underperformed other stocks in the Coking Coal industry by 0.09 percentage points. Ramaco Resources stock is currently +24.75% from its 52-week low of $8.12, and -53.38% from its 52-week high of $21.73.

There are currently 44.12M shares of METC outstanding. The market value of METC is $446.95M. In the past 24 hours, 306,460 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.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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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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  2. Input your personal details to create a new brokerage account.
  1. Send your details by clicking the "Create Account" button.
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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
$10.13
1w %
-2.78%
1y %
-30.19%
5y %
43.28%
P/E
3.72x
P/B
1.5x
P/S
0.86x
PEG
0.39x
Revenue
$517.97M
Earnings
$120.30M
Fore. Rev. Growth
20.87%
Fore. Earn. Growth
10.69%
Market Cap
$446.95M
Next Earnings
Feb 22, 2023
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 undervalued based on its P/E ratio of 3.72x, relative to Coking Coal industry P/E ratio of 3.96x
  • METC may be undervalued based on its P/B ratio of 1.5x, relative to Coking Coal industry P/B ratio of 1.52x
  • METC could be undervalued based on its PEG ratio of 0.39x

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 long-term liabilities on the METC balance sheet.
  • METC's operating cash flow of $174.38M allows it to safely service it's debt of $133.95M.
  • METC profit margin has gone up from 6.6% to 23.2% in the past year.
  • METC earnings of $156.82M is not sufficient to cover its interest payments.

Negative Financial Indicators:

  • There are more short-term liabilities than short-term assets on the METC balance sheet.
  • METC has a relatively high debt to equity ratio of 0.88.
  • Total METC debt is higher than 5 years ago, relative to shareholder equity.

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

Out of 3 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.

Most Recent METC Analyst Upgrades/Downgrades

David Gagliano, a bottom 13% analyst from BMO Capital maintains METC with a hold rating and lowers their METC price target from $14.00 to $12.00, on Dec 9, 2022.

Nathan Martin, a top 17% analyst from Benchmark maintains METC with a strong buy rating and lowers their METC price target from $14.00 to $13.00, on Dec 9, 2022.

An analyst from Jefferies upgrades METC to a strong buy rating and raises their METC price target from $16.00 to $25.00, on Jun 7, 2022.

Chris LaFemina, a bottom 25% analyst from Jefferies maintains METC with a hold rating and raises their METC price target from $16.00 to $19.00, on Mar 9, 2022.

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

METC Momentum

SMA10
10.39
SMA20
10.05
SMA50
9.84
SMA100
10.12
SMA200
11.59
MACD
0.23
MACD Signal
0.22
MACD Histogram
0.01
RSI
52.56
Stochastic %K
65.47
Stochastic %D
75.63
StochRSI %K
33.1
StochRSI %D
54.79

METC Earnings

Last year, METC earnings were $120.30M. In the last four year, METC's earnings have increased by 55.1% per year. This was faster than the Coking Coal industry average of 31.52%.

Last year, METC revenue was $517.97M. Over the last five year, METC's revenue has increased by 66.26% per year. This was faster than the Coking Coal industry average of 17.3%.

Dig into METC's earnings and revenue performance here.

What are METC insiders up to?

Over 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 $106,268.75 worth of METC stock on Dec 30, 2022.

Research more about who owns METC shares here.

Does METC stock generate passive income?

Ramaco Resources pays a dividend of 4.43%, compared to the Coking Coal industry's average dividend yield of 3.35%. If you owned $1,000 of METC stock, you would have been paid $44.33 last year.

Dig into more analysis about Ramaco Resources dividend yield and history here.

METC Social Trading Data

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Step 5: Place your METC buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order allows you 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 dollar amount, use a limit order.

Press the Open button and eToro will execute the order.

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Step 6: Watch your METC position

Now that you own some shares in METC, you'll want to keep up with your company.

Start a watchlist to track the most important metrics related to 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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Get Started with eToro Today

If you would like to keep an eye on your investment in Ramaco Resources, get started below.

NASDAQ: METC
$10.13-0.30 (-2.88%)
Updated Feb 6, 2023
Open eToro Account
NASDAQ: METC
$10.13-0.30 (-2.88%)
Updated Feb 6, 2023
Open eToro Account

FAQ

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

As of Feb 6, 2023, it costs $10.13 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 $5, you can buy 0.494 shares of METC.

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Is now a good time to buy Ramaco Resources stock?

According to 3 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.