In a filing, Ramaco Resources Inc revealed its 10% Owner Yorktown Energy Partners XI, L unloaded Company’s shares for reported $0.87 million on Mar 24 ’25. In the deal valued at $8.85 per share,98,274 shares were sold. As a result of this transaction, Yorktown Energy Partners XI, L now holds 1,052,404 shares worth roughly $9.44 million.
Then, Yorktown Energy Partners XI, L sold 83,871 shares, generating $722,543 in total proceeds. Upon selling the shares at $8.61, the 10% Owner now owns 1,059,909 shares.
Before that, Yorktown Energy Partners XI, L sold 72,402 shares. Ramaco Resources Inc shares valued at $638,830 were divested by the 10% Owner at a price of $8.82 per share. As a result of the transaction, Yorktown Energy Partners XI, L now holds 1,071,166 shares, worth roughly $9.61 million.
UBS initiated its Ramaco Resources Inc [METC] rating to a Neutral in a research note published on January 16, 2024; the price target was $21. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early June from “a Hold” to “a Buy”. BMO Capital Markets revised its rating on December 17, 2020. It rated METC as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of METC
On Monday, Ramaco Resources Inc [NASDAQ:METC] saw its stock jump 2.05% to $8.97. Over the last five days, the stock has lost -3.03%. Ramaco Resources Inc shares have fallen nearly -11.27% since the year began. Nevertheless, the stocks have fallen -45.36% over the past one year. While a 52-week high of $16.79 was reached on 03/11/25, a 52-week low of $8.17 was recorded on 03/10/25. SMA at 50 days reached $9.54, while 200 days put it at $11.30.
Levels Of Support And Resistance For METC Stock
The 24-hour chart illustrates a support level at 8.72, which if violated will result in even more drops to 8.47. On the upside, there is a resistance level at 9.25. A further resistance level may holdings at 9.52. The Relative Strength Index (RSI) on the 14-day chart is 47.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.59%. Stochastics %K at 20.54% indicates the stock is a holding.
How much short interest is there in Ramaco Resources Inc?
A steep rise in short interest was recorded in Ramaco Resources Inc stocks on 2025-02-28, growing by 0.54 million shares to a total of 4.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.47 million shares. There was a rise of 13.41%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 08, 2020 when The Benchmark Company resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $5.
