Ramaco Resources, Inc. Class B (METCB) AI Stock Analysis

Ramaco Resources, Inc. Class B

(NASDAQ:METCB)

Select Model

Rating:45Neutral

Price Target:$4.50▲(5.39% Upside)

Action:initiatedcoverage

Date:10/23/26

The score is held down primarily by weak current financial performance (losses, rising leverage, and negative operating/free cash flow) and bearish technicals (below key moving averages with negative MACD). These are partially offset by valuation support from a very high dividend yield and a moderately constructive earnings-call backdrop driven by strategic Brook Mine/critical-minerals progress and strong liquidity, though near-term coal market weakness and reduced guidance remain key risks.

Positive Factors

Strategic LiquidityLiquidity exceeding $400 million provides a meaningful buffer while coal markets remain weak and supports continued investment in growth projects. This financial flexibility can help Ramaco fund development, manage volatility, and advance strategic initiatives without relying solely on near-term operating cash flow.

Negative Factors

Negative Cash GenerationMeaningful operating and free-cash-flow burn indicates that current earnings are not funding the business and its capital needs. If weak pricing and elevated costs persist, Ramaco may need to draw on liquidity or financing, reducing flexibility for growth and shareholder returns.

Ramaco Resources, Inc. Class B (METCB) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $352.47M
Dividend Yield: 14.67%
Average Volume (3M): 84.71K
Price to Earnings (P/E): -6.0
Beta (1Y): 0.71
Revenue Growth: -17.65%
EPS Growth: -157.95%
Country: US
Employees: 900
Sector: Basic Materials
Sector Strength: 61
Industry: Coal

Ramaco Resources, Inc. Class B Business Overview & Revenue Model

Company Description

Ramaco Resources, Inc. specializes in the extraction, development, and global distribution of metallurgical coal. The firm's portfolio encompasses significant development properties, such as the Elk Creek project situated in southern West Virginia, t...

Ramaco Resources, Inc. Class B Financial Statement Overview

Summary

Financials are currently pressured: profitability swung to losses in 2025 and TTM 2026 (TTM net margin about -12%) with revenue declines and margin compression. Leverage rose sharply (TTM debt-to-equity ~1.25) as equity declined, and cash flow deteriorated to meaningful burn (TTM operating cash flow about -$43M and free cash flow about -$136M), increasing liquidity and financing risk despite prior-cycle strength in 2022–2023.

Income Statement

34Negative

Balance Sheet

46Neutral

Cash Flow

22Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	515.41M	536.62M	666.29M	693.52M	565.69M	283.39M
Gross Profit	22.09M	13.41M	65.92M	144.08M	190.42M	61.16M
EBITDA	-3.04M	15.49M	88.12M	169.22M	195.33M	73.78M
Net Income	-61.75M	-51.45M	11.19M	82.31M	116.04M	39.76M
Balance Sheet
Total Assets	1.02B	1.14B	674.69M	665.84M	596.34M	329.03M
Cash, Cash Equivalents and Short-Term Investments	282.54M	440.35M	33.01M	41.96M	35.61M	21.89M
Total Debt	468.42M	468.88M	103.67M	101.13M	138.82M	51.46M
Total Liabilities	648.61M	657.00M	311.88M	296.23M	287.14M	117.96M
Stockholders Equity	376.07M	483.57M	362.81M	369.61M	309.20M	211.07M
Cash Flow
Free Cash Flow	-135.66M	-60.81M	43.82M	78.13M	64.86M	-6.27M
Operating Cash Flow	-43.18M	1.97M	112.67M	161.04M	187.87M	53.34M
Investing Cash Flow	-90.75M	-83.67M	-70.83M	-72.21M	-145.71M	-59.61M
Financing Cash Flow	388.34M	489.04M	-50.79M	-82.52M	-28.50M	22.37M

Ramaco Resources, Inc. Class B Technical Analysis

Technical Analysis SentimentNegative

Last Price4.27

Price Trends

50DMA5.12Negative

100DMA6.40Negative

200DMA8.72Negative

Market Momentum

MACD-0.23Negative

RSI42.96Neutral

STOCH65.42Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For METCB, the sentiment is Negative. The current price of 4.27 is above the 20-day moving average (MA) of 4.17, below the 50-day MA of 5.12, and below the 200-day MA of 8.72, indicating a bearish trend. The MACD of -0.23 indicates Negative momentum. The RSI at 42.96 is Neutral, neither overbought nor oversold. The STOCH value of 65.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for METCB.

Ramaco Resources, Inc. Class B Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

METCB against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
METCB	45Neutral	$415.71M	-5.97	-13.54%	14.67%	-17.65%	-157.95%

* Basic Materials Sector Average

Performance Comparison

METCB and its peers over the selected period
Show on chart	Ticker	Company Name	Price	Change	% Change
	METCB	Ramaco Resources, Inc. Class B	4.13	-9.15	-68.90%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 23, 2026

Ramaco Resources, Inc. Class B AI Stock Analysis