Ramaco Resources, Inc. (METCB)

Silver Ores

Latest Price

$4.13

TTM P/E

Normalized P/E

14.16

TTM Div Yield

Fwd Div Yield

Book Value

7.59

P/B Ratio

0.54

Valuation metrics

Norm. op. income: $30M (median of 7yr)

Tax rate: 21%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$4.69

+17% upside

Base FCF: $61M (median of recent 5yr)

Growth: 20%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$73.56

+1739% upside

28.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
First Eagle Investment Management, LLC	612.1K	$5.0M	5.38%	+66.9K	2026-06-30
BlackRock, Inc.	492.3K	$4.0M	4.33%	+392.2K	2026-06-30
Vanguard Capital Management LLC	361.3K	$3.0M	3.18%	+33.7K	2026-06-30
Morgan Stanley	333.1K	$2.0M	2.93%	+12.9K	2026-06-30
Simcoe Capital LLC	171.1K	$1.0M	1.50%	+5.3K	2026-06-30
Geode Capital Management, LLC	164.1K	$1.0M	1.44%	+3.2K	2026-06-30
Discovery Capital Management, LLC / CT	128.9K	$1.0M	1.13%	+1.5K	2026-06-30
American Century Companies Inc	116.0K	--	1.02%	-19.4K	2026-06-30
Renaissance Technologies LLC	113.8K	--	1.00%	-16.1K	2026-06-30
South Dakota Investment Council	88.3K	--	0.78%	+385	2026-06-30