News articles about Ramaco Resources (NASDAQ:METC) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ramaco Resources earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 46.2958162346839 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
METC stock traded up $0.17 during mid-day trading on Wednesday, hitting $7.14. The company had a trading volume of 38,679 shares, compared to its average volume of 113,771. Ramaco Resources has a 1-year low of $3.81 and a 1-year high of $11.07.
Several research analysts have weighed in on METC shares. Zacks Investment Research lowered Ramaco Resources from a “buy” rating to a “hold” rating in a research report on Saturday, January 20th. ValuEngine lowered Ramaco Resources from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd.
Ramaco Resources Company Profile
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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