10 Best Coal Stocks to Invest In According to Hedge Funds

8. Ramaco Resources, Inc. (NASDAQ:METC)

Number of Hedge Fund Holders: 26

With $178 million invested in the stock by hedge funds as of Q1 2026, Ramaco Resources, Inc. (NASDAQ:METC) is among the best coal stocks to invest in.

Ramaco Resources, Inc. (NASDAQ:METC) chairman and CEO Randall Atkins took to CNBC in late May to lay out a company operating on two fronts. Meanwhile, a rare earth supply deal announced the same week aligned with that strategy.

On May 28, 2026, Ramaco Resources, Inc. (NASDAQ:METC) signed a non-binding memorandum of understanding with REalloys Inc. (NASDAQ: ALOY), an Ohio-based rare earth company.

Under the MOU, Ramaco Resources, Inc. (NASDAQ:METC) would supply REalloys with Mixed Rare Earth Carbonate (MREC) from its exploratory Brook Mine project in Sheridan, Wyoming. REalloys would then perform separation of that feedstock into various rare earth oxides at its Saskatchewan Research Council (SRC) facility in Canada. The agreement also includes Ramaco supplying its own separated scandium oxide from the Brook Mine’s critical mineral refinery for alloy metallization at REalloys’ Euclid, Ohio, facility. Chairman and CEO Randall Atkins said the partnership is intended to support a domestic, ex-China permanent magnet supply chain.

That announcement came alongside a May 29, 2026, appearance by Atkins on CNBC’s Morning Call, where he discussed the Brook Mine’s role in domestic critical minerals supply chains and Ramaco Resources, Inc. (NASDAQ:METC)’s core metallurgical coal business.

Atkins noted Ramaco Resources, Inc. (NASDAQ:METC) raised nearly $1 billion over the past year to fund the Brook Mine project and advance its broader critical minerals strategy. He also addressed rising international coal prices tied to geopolitical instability from the conflict in Iran, noting that roughly two-thirds of the company’s metallurgical coal production is exported to global markets.

Ramaco Resources, Inc. (NASDAQ:METC) is a developer of high-quality, metallurgical (coking) coal used for steelmaking, with major mining complexes in West Virginia, Virginia, and Kentucky. The company also operates the Brook Mine in Wyoming, which is being developed as a significant domestic source of rare earth elements (REEs) and critical minerals.