Ramaco Resources, Inc. (METC)
NASDAQMaterialsCoalSnapshot 2026-09-04
$13.20+6.88%
Close 2026-09-04 · 1-day change
NASDAQMaterialsCoalSnapshot 2026-09-04
QuarterlyIQ Insights · METC
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Develop the Brook Mine critical mineral and rare earth project with focus on carbochlorination refining, pilot plant operations, and securing offtake and financing.
Stated as a priority in 2 of last 2 quarters. Management released the Hatch conceptual study showing a potential $8 billion NPV and $1.3 billion annual adjusted EBITDA for the Brook Project. Pilot plant construction is underway with full-scale operations expected in 2027. Advanced discussions on offtake and non-dilutive financing are ongoing. The trajectory matches management's stated progress toward developing the critical minerals project.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Materials names rated weak grew net income 48% of the time over the next year (vs 53% for the rest of the cohort, n=1946).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Released Hatch conceptual study showing $8B NPV and $1.3B EBITDA; pilot plant building structure under construction; advanced offtake and financing discussions.”
“Anticipate revised Hatch study and Technical Report Summary; pilot plant building structure under construction; advanced offtake and financing discussions.”
Expand low-vol metallurgical coal production through underground sections at Maben and Berwind complexes to reach 50% of total production.
Stated as a priority in 2 of last 2 quarters. Management approved a $25 million Maben expansion expected to add 0.6 million premium low-vol tons and projects at Berwind to add over 1 million annualized tons in 2027. The goal is to increase low-vol production to 50% of total output, up from roughly 25% today. Progress is delivering on the stated growth strategy.
“Maben $25M development project approved; anticipate 0.6 million premium low-vol tons; Berwind growth projects to add over 1 million annualized tons in 2027; target 50% low-vol production.”
“Low-vol growth projects on track; Laurel Fork Mine restarted; third section at Berwind Mine added; new rail loadout at Maben to save $20 per ton trucking costs.”
Sustain operational discipline to keep cash cost per ton sold within $95 to $100 range despite market and fuel cost pressures.
Stated as a priority in 2 of last 2 quarters. Management maintained cash cost guidance of $95-$100 per ton for 2026. Actual cash costs were $98 per ton in Q1 and $99 per ton in Q2 2026, achieving four consecutive quarters below $100 per ton. The trajectory is delivering consistent cost discipline.
“Second quarter cash mine cost per ton sold of $99, fourth consecutive sub-$100 quarter.”
“First quarter cash mine cost per ton sold of $98, consistent with prior year; maintaining full-year guidance of $95-$100 per ton.”
Manage capital spending within the updated 2026 guidance range of $92M to $97M, reflecting growth projects and operational needs.
Stated as a priority in 2 of last 2 quarters. Management raised full-year 2026 capital expenditure guidance from $85-$90 million to $92-$97 million, reflecting spending on the Maben low-vol growth project. Actual quarterly capex was $17.1 million in Q1 and $27.4 million in Q2, consistent with the updated guidance. The trajectory is delivering within the revised capital allocation plan.
“Full-year 2026 capital expenditures expected to be $92-$97 million, increased from prior $85-$90 million guidance.”
“Anticipates 2026 capital expenditures between $85 million and $90 million.”
Continue to declare and pay quarterly stock dividends on Class B common stock to shareholders.
Stated as a priority in 3 of last 3 quarters. Management consistently declared quarterly stock dividends on Class B common stock: $0.1918 in Q4 2025, $0.1489 in Q1 2026, and $0.1369 in Q2 2026. Dividends are paid in shares, maintaining capital allocation to shareholders. The trajectory shows ongoing commitment to this capital allocation priority.
“Declared $0.1369 per share Class B stock dividend payable June 26, 2026, in shares of Class B common stock.”
“Declared $0.1489 per share Class B stock dividend payable March 27, 2026, in shares of Class B common stock.”
“Declared $0.1918 per share Class B stock dividend payable in shares of Class B common stock.”
Over the trailing year it converted 13.59x of net income into operating cash flow. Historically, Materials names rated robust grew net income 56% of the time over the next year (vs 47% for the rest of the cohort, n=1401).
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates (low R² over the window).
34 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Materials names rated volatile grew net income 52% of the time over the next year (vs 50% for the rest of the cohort, n=717).
Not investment advice. As of 2026-09-04.