Top Pick For '18: Large Upside And Huge Yield Potential

Ramaco Resources (METC), is one of the rarest of IPOs I can remember, and it's also one of the biggest busted IPOs of 2017. As I write this, it's lost more than Blue Apron Holdings Inc. (APRN). METC is also rare, as you don't see that many Materials sector companies coming public these days. Out of the last 100 IPOs this year, only 5% were from the Basic Materials sector. Telecommunications was the only other sector with fewer new issues at 2%.
The characteristic of METC that makes it unique to me though, is that I can't recall seeing a true greenfield company come public, in this sector before, at such an early stage of development. Add to this the fact that the company is a miner for Metallurgical, or Coking Coal, and you have the recipe for a pretty unusual market dynamic. If none of these facts, (plus its small market capitalization), doesn't scare you off, then read on. I endeavor to describe what may be a great opportunity for investors to obtain both significant principal appreciation, and significant income generation potential, from this $5 stock.

Elk Creek Plant progress photo. source: Q3 2017 Presentation
Company Background & Market Overview: METC started trading on 2/3/17 after pricing its IPO at $13.50, and it has been pretty much all downhill since then. On its second day of trading it broke the deal price, and never looked back. Here are the details of the offering:
Pursuant to the registration statement, the Company... Read more

METC

Latest Price: $ 14.38

Dividend Yield (TTM): 0.00%

  • No dividends the last 12 months.
Source: Yahoo Finance. Stock prices and dividends can be delayed, cached or incomplete.
Older articles featuring METC:
Ramaco Resources Announces First Quarter Class B Stock Dividend Details
Ramaco Resources Announces Fourth Quarter Stock Dividend for Class B Common Stock
Ramaco Resources Announces Third Quarter Class B Stock Dividend Details
Ramaco Resources Announces Third Quarter Stock Dividend for Class B Common Stock