Added to YB: 2024-12-03
Pitch date: 2024-11-29
METC [bullish]
Ramaco Resources, Inc.
-19.78%
current return
Author Info
Company Info
Ramaco Resources, Inc. engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 64,050 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres situated in southwestern Pennsylvania southern West Virginia; and the Brook Mine property that covers an area of approximately 16,000 acres located in northeastern Wyoming.
Market Cap
$620.4M
Pitch Price
$12.69
Price Target
N/A
Dividend
4.52%
Sector
Metals and Mining
Category
special_situation
Metallurgical Coal Call Options - Ramaco Resources, Inc.
METC: Call option bet on Trump's win being a boon for METC. Metallurgical coal for blast furnaces, 70% global steel. US imports 30% steel. Trump tariffs could boost domestic production, benefiting METC. Co. improved ops since 2017, $82M profit in 2023. $17 Jun'25 calls bought at $0.80/share.
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