Ramaco Resources, Inc.

356310 Days Left

Class Action Period:
December 14, 2018 - December 14, 2023

Lead Plaintiff Deadline:
January 01, 3000

Case Form

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Allegations

On December 11, 2023, Wolfpack Research published a report on Ramaco entitled "METC: Pumping and Dumping Nearly Worthless Dirt". Noting that the Company's stock price "recently soared following a Wall Street Journal article that hyped its Brook Mine as a potential source of up to $37 billion in rare earth elements", the report from Wolfpack stated that "[t]here is no way to profitably mine them" and estimated that the Company "would lose ~$88 billion if they were ever able to extract, process and sell $37 billion of REEs from the Brook Mine." The report further asserted that Ramaco "has likely performed" extractability tests and "is sitting on disappointing results." On this news, Ramaco's stock price fell $0.60 per share, or 3.58%, to close at $16.18 per share on December 11, 2023.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Ramaco purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Ramaco during the relevant time frame, you have until January 01, 3000 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.