News stories about Ramaco Resources (NASDAQ:METC) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ramaco Resources earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 45.7740400717282 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Ramaco Resources (METC) traded up $0.15 during midday trading on Wednesday, hitting $6.27. The company had a trading volume of 3,667 shares, compared to its average volume of 119,347. Ramaco Resources has a 1 year low of $3.81 and a 1 year high of $11.07.
METC has been the subject of several analyst reports. Zacks Investment Research cut Ramaco Resources from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 15th. ValuEngine cut Ramaco Resources from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd.
Ramaco Resources, Inc is a development-stage company. The Company is a developer of metallurgical coal in central and southern West Virginia, southwestern Virginia and southwestern Pennsylvania. The Company’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.
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