What Are The Chances Of Ramaco Resources Inc (NASDAQ: METC) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NASDAQ listed company, METC falls under the Basic Materials sector while operating within the Coking Coal industry segment. The current market capitalization of Ramaco Resources Inc is $534.28M. A total of 0.51 million shares were traded on the day, compared to an average of 512.38K shares.

In the most recent transaction, Jenkins Evan H bought 7,158 shares of METC for 13.97 per share on May 29 ’24. After the transaction, the GENERAL COUNSEL now owns 23,480 company shares. In a previous transaction on May 24 ’24, Jenkins Evan H bought 1,769 shares at 14.13 per share. METC shares that GENERAL COUNSEL owns now total 16,321.

Among the insiders who sold shares, LAWRENCE BRYAN H disposed of 57,738 shares on Dec 11 ’23 at a per-share price of $16.42. This resulted in the Director holding 3,200,363 shares of METC after the transaction. In another insider transaction, LAWRENCE BRYAN H sold 19,784 shares at $15.30 per share on Dec 12 ’23. Company shares held by the Director now total 715,100.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Ramaco Resources Inc pays an annual dividend of $0.54, resulting in a dividend yield of 5.30%, and it has a price to earnings (P/E) ratio of 9.47. METC’s most recent ex-dividend date was 8/30/2024 when it declared a $0.1380 quarterly dividend that was paid in cash on 9/13/2024. Previously, the company paid the dividend on 6/15/2024 with an ex-dividend date of 5/31/2024. The METC stock dividend was $0.1380 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, METC has a high of $22.70 and a low of $9.03.

As of this writing, METC has an earnings estimate of -$0.02 per share for the current quarter. EPS was calculated based on a consensus of 3.0 estimates, with a high estimate of $0.06 per share and a lower estimate of -$0.12. The company reported an EPS of $0.45 in the last quarter

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. METC’s latest balance sheet shows that the firm has $21.89M in Cash & Short Term Investments as of fiscal 2021. There were $51.44M in debt and $46.66M in liabilities at the time. Its Book Value Per Share was $6.98, while its Total Shareholder’s Equity was $211.07M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for METC is Buy with a score of 5.00.

Most Popular

Related Posts