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Ramaco Resources rated Strong Buy with $22.78 target, undervalued at $6.98 despite coal assets.

Analyst Insights
06 Nov 2026, 13:00 WIB
Seeking Alpha
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Bullish
Ramaco Resources rated Strong Buy with $22.78 target, undervalued at $6.98 despite coal assets.

Ramaco Resources, a mining company focused on metallurgical coal and rare earth assets, reported a weak 3Q26 earnings but holds a positive outlook for 2027 and beyond. The current market price of $6.98 undervalues its Brook Mine and coal business, which DPRG Investment Management values at $8.25 per share. DPRG assigns a Strong Buy rating with a target price of $22.78 based on a sum-of-the-parts valuation. This suggests significant upside potential for investors as the company’s medium-term coal prospects improve.

Ramaco Resources is featured in this story, with Pluang data providing context on the Basic Materials sector. As of Nov 06, 2026 18:11 WIB, 83 US Basic Materials stocks were priced on Pluang, with 31 rising and 49 falling. Notable movers include USAR at USD 7.71 (+3.84%), CENX at USD 29.00 (-3.56%), and MP at USD 34.90 (+3.44%).

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