We came across a bearish thesis on Ramaco Resources, Inc. on Asymmetric Capital’s Substack by Srikanth Thangellamudi. In this article, we will summarize the bulls’ thesis on METC. Ramaco Resources, Inc.'s share was trading at $14.95 as of December 1st. METC’s trailing and forward P/E were 9.47 and 5.49 respectively according to Yahoo Finance.
Ramaco Resources’ Brook Mine narrative is increasingly defined by its unproven rare-earth ambitions, centered on scandium oxide, which the company projects will drive over US$500 million in EBITDA by 2028. While the coal business...
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