Ramaco Resources (METC) Surges to Fresh High as Analyst Posts Bullish Rating

Group 1 - Ramaco Resources, Inc. (NASDAQ:METC) reached an all-time high of $32.17 during intra-day trading, closing up 18.65% at $30.92 [1] - Jefferies raised its price target for Ramaco Resources to $45 from $27, maintaining a "buy" recommendation, indicating strong potential for further upside [2] - The analyst's optimism is driven by the expansion of the Brook coal mine in Wyoming, which will increase production from 2 million tons to 5 million tons per year [3] Group 2 - The expansion of the Brook coal mine is projected to enhance the project's net present value to $5.1 billion from $1.6 billion, translating to approximately $77 per share [3]