Jim Cramer on Ramaco Resources: “Wait for a Little Bit of a Pullback”

Company Overview - Ramaco Resources, Inc. (NASDAQ:METC) develops and operates metallurgical coal projects, including Elk Creek, Berwind, Knox Creek, Maben, and Brook Mine [2] - The company supplies coal to blast furnace steel mills, coke plants, and international consumers [2] Market Insights - Jim Cramer commented on the stock, indicating that while the president supports coal, utilities may not, suggesting a potential pullback in the stock price [1] - Jefferies analyst Christopher LaFemina raised the price target on METC from $27 to $45, maintaining a Buy rating, and noted that the Brooks Mine project expansion could significantly boost production [2] - The new price target may be conservative, with the Brooks Mine ramp-up potentially valued at up to $77 per share [2]