Ramaco Resources(US:METC) Prnewswire·2026-02-19 14:36Core Viewpoint - A class action lawsuit has been filed against Ramaco Resources, Inc. (NASDAQ: METC) for allegedly misleading investors about the development progress of its projects, particularly the Brook Mine in Wyoming, leading to a significant drop in stock price following the revelation of these claims [1]. Company Overview - Ramaco Resources, Inc. is headquartered in Lexington, Kentucky, and operates coal and mineral development projects in the United States [1]. Lawsuit Details - The lawsuit pertains to investors who purchased Ramaco securities between July 31, 2025, and October 23, 2025, with a deadline of March 31, 2026, for potential lead plaintiff appointments [1]. - The complaint alleges that Ramaco overstated development progress at the Brook Mine, which was described as a "hoax" and a "Potemkin Mine" by Wolfpack Research, indicating no significant mining activity had occurred since its groundbreaking [1]. Stock Market Impact - Following the report by Wolfpack Research on October 23, 2025, Ramaco's stock price fell by $3.81, nearly 10%, closing at $36.01 per share, with unusually high trading volume [1].