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Upturn AI Summary - About
Ramaco Resources Inc.(METCB)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for METCB
10/30/2026: METCB (1-star) is currently NOT-A-BUY. Pass it for now.
Ramaco Resources is a specialized metallurgical coal producer focused on supplying the steel industry from its operations in Central Appalachia. The company distinguishes itself through operational efficiency and a unique push into advanced carbon products, which aims to unlock value beyond traditional coal usage. Its primary strength lies in its high-quality coal assets, while the main risks include high sensitivity to cyclical steel markets and potential regulatory hurdles. While dividend payments offer income, they remain variable based on commodity pricing. Investors should monitor both the stability of metallurgical coal demand and the progress of the company's long-term R&D investments in new carbon-based technologies.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is tethered to cyclical commodity markets rather than secular technological adoption. |
| Momentum investor | Mixed fit | Strong fit while signal remains positive, as coal stocks often experience high-volatility price swings based on steel demand. |
| Value investor | Strong fit | The company often trades based on asset value and cash flow multiples common in resource-based sectors. |
| Dividend investor | Mixed fit | Dividends are variable and tied to commodity market cycles rather than being consistently fixed. |
| Low-risk investor | Weak fit | High exposure to commodity price volatility makes this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Revenues are directly tied to global metallurgical coal spot prices. |
| Valuation risk | Medium | Commodity stocks often trade at multiples that fluctuate wildly with market sentiment. |
| Competition risk (Commodity market) | Medium / high | Competition from larger, low-cost global producers impacts margins. |
| Business quality | Medium | As a mining operation, the business is capital-intensive with finite resource life. |
| Dividend income | Medium | Income is unpredictable due to the variable nature of dividend policies. |
| Execution risk | Medium | Operational delays in mining or R&D for carbon products could impact cash flows. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -8.4% | Avg. Invested days 25 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/30/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 263.01M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 69.2K shares | Beta 1.54 | 52 Weeks Range 3.57 - 15.77 | Updated Date 10/30/2026 |
52 Weeks Range 3.57 - 15.77 | Updated Date 10/30/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.03 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Metallurgical Coal | Extraction and sale of high-vol and low-vol coal to steel manufacturers. | The primary income comes from selling raw materials to the steel industry, making performance highly dependent on global construction and manufacturing. |
| Advanced Carbon Products | Research and development of carbon-based materials derived from coal. | This is a long-term 'moonshot' business area attempting to create value from coal outside of traditional combustion uses. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE 5.74 | Enterprise Value 617.37M | Price to Sales(TTM) 0.51 |
Enterprise Value 617.37M | Price to Sales(TTM) 0.51 | ||
Enterprise Value to Revenue 1.2 | Enterprise Value to EBITDA 1160.92 | Shares Outstanding 11.81M | Shares Floating 43.74M |
Shares Outstanding 11.81M | Shares Floating 43.74M | ||
Percent Insiders 11.3 | Percent Institutions 59.5 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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