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Stock impact report

Jim Cramer on Ramaco Resources: “Wait for a Little Bit of a Pullback” [Yahoo! Finance]

Ramaco Resources, Inc. (METC) 
Last ramaco resources, inc. earnings: 2/20 04:59 pm Check Earnings Report
Company Research Source: Yahoo! Finance
“Oh man, you want to talk about coal, huh? Okay, look, the president likes coal. He likes nuclear. The president likes, he doesn't like wind, and he doesn't like solar. Isn't that funny? Alright, here's the deal. I think that coal, this stock has gone up so much. Please wait for a little bit of a pullback because the president may want coal, but the utilities don't, and that's, in the end, who burns the coal.” Pixabay/Public Domain Ramaco Resources, Inc. (NASDAQ:METC) develops and operates metallurgical coal projects, including Elk Creek, Berwind, Knox Creek, Maben, and Brook Mine. The company supplies coal to blast furnace steel mills, coke plants, and international consumers. On September 18, Jefferies analyst Christopher LaFemina raised the price target on the stock to $45 from $27 and kept a Buy rating. The analyst noted that the company's plan to expand the Brooks Mine project would boost production of rare earths and critical minerals. He also mentioned that the new target Show less Read more
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