METCB
Price:
$4.22
Market Cap:
$480.48M
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, the Berwind property located on the border between West Virginia and Virginia, the Knox Creek property within Virginia, and the RAM Mine in southwestern Pennsylvania. Ramaco provides its coking coal to blast furnace steel manufacturers and coke production facilities throughout the United States, in addition to international consumers of metallurgical coal. Founded in 2015, the company's main office is located in Lexington, Kentucky.
Industry
Coal
IPO Date
2023-06-21
Stock Exchange
NASDAQ
Ticker
METCB
According to Ramaco Resources, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.23. This represents a change of -3.49% compared to the average of 4.39 of the last 4 quarters.
The mean historical Current Ratio of Ramaco Resources, Inc. over the last ten years is 2.05. The current 4.23 Current Ratio has changed 20.59% with respect to the historical average. Over the past ten years (40 quarters), METCB's Current Ratio was at its highest in in the September 2016 quarter at 16.49. The Current Ratio was at its lowest in in the December 2022 quarter at 0.91.
Average
2.05
Median
1.41
Minimum
0.91
Maximum
5.46
Discovering the peaks and valleys of Ramaco Resources, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 298.58%
Maximum Annual Current Ratio = 5.46
Minimum Annual Increase = -68.10%
Minimum Annual Current Ratio = 0.91
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 5.46 | 298.58% |
| 2024 | 1.37 | 22.67% |
| 2023 | 1.12 | 23.24% |
| 2022 | 0.91 | -51.29% |
| 2021 | 1.86 | 27.38% |
| 2020 | 1.46 | -13.01% |
| 2019 | 1.68 | 43.03% |
| 2018 | 1.17 | -10.69% |
| 2017 | 1.31 | -68.10% |
| 2016 | 4.12 | 199.99% |
The current Current Ratio of Ramaco Resources, Inc. (METCB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.65
5-year avg
2.14
10-year avg
2.05
Ramaco Resources, Inc.’s Current Ratio is greater than American Resources Corporation (2.19), greater than Alpha Metallurgical Resources, Inc. (3.41), greater than Warrior Met Coal, Inc. (3.93), greater than Peabody Energy Corporation (2.01), greater than Core Natural Resources, Inc. (1.83),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.19 | $141.74M | |
| 3.41 | $2.34B | |
| 3.93 | $4.96B | |
| 2.01 | $3.07B | |
| 1.83 | $4.61B |
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