Ramaco Resources (NASDAQ:METC) Posts Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Ramaco Resources (NASDAQ:METC) announced its quarterly earnings data on Tuesday. The energy company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.07), FiscalAI reports. The firm had revenue of $150.09 million for the quarter, compared to the consensus estimate of $140.23 million. Ramaco Resources had a negative return on equity of 15.43% and a negative net margin of 12.24%.

Here are the key takeaways from Ramaco Resources’ conference call:

• Coal markets and 2027 visibility improved: Ramaco has secured 1.7 million tons of 2027 domestic met coal at approximately $139 per ton, with additional carryover export commitments bringing total identified 2027 sales to about 2.8 million tons.
• The company expects substantial low-vol growth from Berwind and Maben, adding nearly 1 million annualized tons during 2026; Maben’s new rail load-out is expected to reduce operating costs by roughly $20 per ton beginning in early 2027.
• Ramaco raised 2026 cash-cost guidance to $101–$103 per ton, citing sharply higher diesel prices, and lowered production and sales guidance while maintaining discipline in the weak high-vol market.
• Liquidity rose 38% year over year to $375 million, including $233 million of cash, while approximately 600,000 tons of excess inventory could provide an estimated $75 million working-capital benefit as it is sold during 2027.
• The Brook Mine critical-minerals project reported strong third-party recoveries and signed three non-binding MOUs, but pilot-plant completion moved to the second half of 2027 because of laboratory delays; approximately $25 million of 2027 capital spending is planned before a refinery investment decision.

Ramaco Resources Stock Performance

METC stock opened at $6.98 on Thursday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 3.31 and a current ratio of 4.23. The stock has a market capitalization of $442.45 million, a price-to-earnings ratio of -6.12 and a beta of 1.46. Ramaco Resources has a 1 year low of $5.73 and a 1 year high of $28.67. The stock’s fifty day moving average is $9.41 and its two-hundred day moving average is $13.31.

Ramaco Resources News Summary

Here are the key news stories impacting Ramaco Resources this week:

• Positive Sentiment: B. Riley maintained a “buy” rating and set a $17 price target. Although it lowered its target from $24, the new target still implies substantial potential upside from the cited share price. B. Riley analyst recommendations
• Positive Sentiment: Third-quarter revenue of $150.1 million exceeded analysts’ estimate of $140.2 million, providing a bright spot in the results. Ramaco reports third-quarter 2026 results
• Positive Sentiment: A Zacks report cited a “hammer” chart pattern—interpreted as possible support after recent losses—and improving earnings estimate revisions as potential signs of a near-term reversal. Zacks analysis of Ramaco Resources
• Neutral Sentiment: Northland Securities forecast modest 2027 earnings: breakeven in Q2, $0.10 per share in Q3 and $0.07 in Q4. The projections point to a possible return to profitability but do not indicate a strong near-term earnings contribution.
• Negative Sentiment: Ramaco reported a Q3 loss of $0.32 per share, wider than analysts’ expected loss of about $0.25–$0.26 and the $0.25 loss a year earlier. Zacks report on Ramaco’s Q3 loss
• Negative Sentiment: Goldman Sachs cut its price target from $8 to $7 and kept a “neutral” rating, signaling limited upside at the price cited in the report. Goldman Sachs analyst recommendations

Wall Street Analyst Weigh In

METC has been the topic of a number of research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Ramaco Resources in a report on Tuesday. Morgan Stanley decreased their price target on shares of Ramaco Resources from $13.00 to $11.00 and set an “equal weight” rating for the company in a report on Tuesday, August 18th. Benchmark decreased their price target on shares of Ramaco Resources from $38.00 to $26.00 and set a “buy” rating for the company in a report on Thursday, August 6th. B. Riley Financial lowered their price objective on shares of Ramaco Resources from $24.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Zacks Research upgraded shares of Ramaco Resources from a “strong sell” rating to a “hold” rating in a research note on Friday, October 16th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $17.33.

About Ramaco Resources

Ramaco Resources, Inc is a coal producer focused primarily on the development and operation of metallurgical coal mines. Its metallurgical coal is used by steelmakers in the production of coke, a key input in traditional steel manufacturing. The company also produces and sells thermal coal and related coal products where commercially appropriate.

Ramaco Resources operates mining assets in the Central Appalachian region of the United States, including properties in southern West Virginia and Virginia, and owns the Brook Mine development in Sheridan, Wyoming.