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Is This Rare Earth and Met Coal Miner a Buy After One Firm Added 500,000 Shares?
Yahoo Finance· 2026-01-24 19:02
Company Overview - Ramaco Resources reported a total revenue of $579.5 million and a net income of -$32.9 million for the trailing twelve months (TTM) [5] - As of January 22, 2026, the stock price of Ramaco Resources was $25.50, reflecting a 168.7% increase over the past year, significantly outperforming the S&P 500 by 155.12 percentage points [4] Recent Transactions - Lunt Capital Management, Inc. disclosed the purchase of 495,999 Class A shares of Ramaco Resources, with an estimated transaction value of $13.03 million based on the quarterly average price [2][3] - The fund's quarter-end value in Ramaco's stock increased by $7.99 million, which includes both new purchases and price changes [3] - Lunt Capital also added 12,580 Class B shares to its stake, making Ramaco's Class A stock 3.76% of the fund's assets under management (AUM) [7] Strategic Positioning - Ramaco Resources operates an integrated mining and sales model, primarily generating revenue from supplying metallurgical coal to steel mills and coke plants [9] - The company is diversifying its operations by adding an integrated critical mineral mine at its Brook Mine in Wyoming, indicating a strategic shift towards rare earths and critical minerals alongside its existing metallurgical coal operations [10][11] - This diversification may be a reason for Lunt Capital's aggressive increase in its position in Ramaco Resources [11]