Goldman Sachs has initiated coverage on Ramaco Resources Inc (METC) with a Sell rating, effective November 18, 2025. This marks the firm's first assessment of the company, which operates and develops coal mining properties in the U.S. The current share price is $20.02.
Ramaco Resources, headquartered in Lexington, Kentucky, employs 984 full-time staff and has a market capitalization of $1.5 billion. The company reported an earnings per share (EPS) of -0.59 for the trailing twelve months. Its dividend yield stands at an unusually high 292.2%.
The firm operates four active metallurgical coal mining complexes in Central Appalachia and is in the initial stages of production for a coal mine and rare earth development near Sheridan, Wyoming. Ramaco's development portfolio includes properties such as Elk Creek, Berwind, Knox Creek, and Maben, along with mineral deposits in Wyoming aimed at recovering rare earth elements and critical minerals.
Upcoming earnings are anticipated on July 28, 2026, with an EPS estimate of -0.07 and revenue estimated at $164.5 million. Analyst consensus as of November 1, 2025, indicates a Buy rating from 3 Strong Buy, 8 Buy, and 2 Hold recommendations.
Such decisions reflect the ongoing scrutiny of the company's investment merit based on industry dynamics and growth prospects.