On this page of Benford's Law Stocks.com we present our study of Ramaco Resources, Inc. — ticker symbol METC. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 2/18/2021 to 10/28/2025 for Ramaco Resources, Inc. under CIK number 0001687187. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for METC, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Ramaco Resources, Inc. based on the past METC filings our system processed in the past.
31.1
13.2
13.7
13.0
8.5
4.2
5.7
7.5
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, METC stockholder letter ]
Total numbers found: 717
Recent share count: 44,515,587 (4's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
717
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 7 numbers to move any given column by a full percentage point.
62

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 2's percentage was below the typical coverage universe range.
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • We deducted points upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 6's percentage was below the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
METC
Low score compared to other filers, falling in the bottom quartile.
EGAN
GYRO
OLMA
SURG
GLTO
KALA
MYGN
SKYW
Check our work! We provide our Ramaco Resources, Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the METC filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 223 numbers that start with the digit 1. Here they are:
10,842,581
193,846
17,685
167,634
19,808
12,437
1,035
1,035
140
110,566
122,428
10,955
116,316
10,842,811
104
17,091
120,996
167,411
101,842
134,731
1,206
1,063
17,091
17,811
16,143
12,921
135,478
165,817
14,482
1,594
10,285
125
1,288
1,696
16,607
178
1,517
13,308
1
1,854
1,854
12,899
103
1,864
1,864
13,974
13,974
103
1
1
188,087
188,087
13,308
13,308
104
17,091
1
1,869
1,870
1
1
158
158
1,206
1,063
1,579
12,844
13,255
18
15,888
1,515
1,948
12,288
182
189,000
136,500
149,921
196,642
160,837
19,098
194,660
193,846
194,660
13,227
171,028
193,846
19,709
17,969
123,910
120,532
17,581
199,595
11,031
13,297
13,476
17,091
17,811
140
116,316
116,456
140
116,316
125.0
100.0
15.0
1.10
1.00
1.5
1.0
100
100
1
17,328
10,666,667
18.75
17.71875
188.1
12.8
13.3
15.03
10.7
1.2
1.8
1375
1375
1375
1375
1375
1375
1971
1811
1918
1918
16.00
17.3
19.5
11.3
11.8
1.8
1
1
156,552
163,588
113,338
120,996
167,411
1
164
1.2
15
10
11
16
11
14
12
19.9
12,788
1,245
102
13
152
13,308
12,788
1,245
10,704
166
10,704
10,257
172
159
10,257
1
108,697
108,697
1,114,381
1,114,381
1,571,876
1,057,468
1,571,876
120,996
120,996
16,366
16,366
1,208
1,208
15,943
12,184
17,091
1,083
13,308
11,510
1,875
13,385
11
13,396
167,411
167,411
104,817
104,817
1,363
132
132
1,363
1,744
17,811
1,696
15,751
15,751
15,801
14,439
12,402
12,402
10,072
12,844
1,206
15
19,815
13,255
1,063
1,517
1
1
We found 95 numbers that start with the digit 2. Here they are:
283
225,000,000
292,739
2,250
239
25
25
292,739
2,680
2,680
2,123
2,152
28
277,133
2,201
2,201
2,032
2,032
279,962
276,734
239
239
281,079
221
29,970
285
2,504
2,576
20,338
261
24,474
23,683
22,864
23,683
2.5
22,818
24,088
216,609
242,821
201,055
27,408
2,191
2,648
200.0
2.0
2.5
2.3
25,915
24,590
20,685
2
2.50
20
20
2.7
200
2416
2376
2246
2364
23.4
25.0
25
2.0
252,059
27
22
23
24
22.2
28.0
2,085
282
239
25
25
2,085
283
228,738
228,738
2,250
28,551
28,551
26,968
25,605
208
239
290,289
290,289
26,841
2,228
2,420
23,432
21
216
We found 98 numbers that start with the digit 3. Here they are:
33,009
328,727
359
31,208
30,052
322,743
311,880
35,000,000
362,806
346,326
397,214
354
37,932
3,075
3,299
36,741
36
36
362,806
3,354
3,361
3,278
3,278
306,312
355,248
3,278
3,278
314,341
32,551
347,439
369,605
372,268
366,126
3,970
3,970
361,824
36,741
33,961
38,216
3,650
3,611
3,378
34,500
3,505
3,491
33,823
34
33,009
33,009
373,891
331,899
31,048
32,289
3,869
359
3.0
34.5
35.6
3
341,295
3.3
3
3
34.7
3
331,815
3
36
33,874
3,665
36,741
35
33,874
3,665
31
36
36
36,767
36,767
302,699
315,941
3,759
3,759
3,233
3,299
3,970
354
3,516
3,516
38,960
36,741
3.8
313,297
313,297
3,618
3,870
3,870
3,618
4's 5's 6's
We found 93 numbers that start with the digit 4. Here they are:
43,612
43,358
489,170
482,019
4,709
41,675
48,855
4,302
46,386
43,824,999
445
438
408,611
495,403
402
48,909
49,757
448,960
485,118
40,349
4,509
46,359
48
46
438
444
48,389
4,751
4,751
444
4,731
4,731
445
440
4
4,698
4,702
443
4,583
4,583
437
438
48,909
44,634
4,340
4,019
4,032
42,781
4,584
43,358
489,170
482,019
48,909
416
45,000,000
4
4.7
4.7
4.0
4.5
4.7
47,997
408,611
495,403
48
48
4,079
46
438
43,378
43,378
4,079
46,070
43,827
46,070
44,346
48
46
498,712
498,712
4,420
4,731
402
408,611
408,611
46,841
49,261
49,276
495,403
495,403
4,862
48,909
4,509
We found 61 numbers that start with the digit 5. Here they are:
55,159,985
5,446
58,467
57
56,027
50,000,000
55,169,250
509,272
526,912
51,671
509,272
526,912
5,541
5,541
533
534
51,671
5,895
50,139
56,143
58,102
52,000
52,282
534
57,979
50,230
5,680
5,644
51,671
50.0
5
5.0
57.0
50.0
58.7
58.1
5,054
5,248
5,957
58,467
5.2
5.00
54,073
50
52
571
507
5
571
507
50,383
50,383
50
56,037
56,037
51,362
51,671
56,757
56,778
56,994
5
We found 30 numbers that start with the digit 6. Here they are:
6,504
674,686
61,659
6,218
69,534
674,686
61
69,534
6
6,556
6,350
6
664
64,931
6,740
6,085
6.83
66.6
6,660
61,659
6.3
6
6
6.4
6
6
683
64
648,712
61
7's 8's 9's
We found 41 numbers that start with the digit 7. Here they are:
73,582
7,887
7,517
7,312
7,664
76
7,298
7,334
74
74
7
7,811
7,818
7,334
7,990
7,041
735
7,256
75.0
75,000,000
75.0
78.6
7.5
7,833
713,305
7.0
713,305
7.45
7.7
7.7
7.8
72,999
736
7,334
74
74
717,850
7,207
7,298
796
7,334
We found 54 numbers that start with the digit 8. Here they are:
81,574
849,655
8,966
88,135
849,655
8,851
801
802
811
811
88
88
8,448
8,448
87
88,868
8,409
8,409
87
80,220
802
814
819
8,656
81,574
8,025
88,135
88,551
88,192
8.25
8
8.25
8.375
8
8.375
856
8.6
8.3
8
8.85
80
8,684
85
8,970
8,574
8,855
85,476
85,476
8,179
8,570
80,299
80,299
85,862
82,245
We found 22 numbers that start with the digit 9. Here they are:
9,695
9,549,914
95
9,618
95
9,457
9,457
91,944
91,775
9,641
96,983
939
998
913
9,846
9,187
9,519
9.81
9.3
9
91
9,618
While the above METC 10Q Filed 10/28/2025 is interesting in isolation, we have found that it is also useful to take a look at older Ramaco Resources, Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 10/28/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical METC 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

31.1
13.2
13.7
13.0
8.5
4.2
5.7
7.5
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 62
XBRL?   [ original filing ]
Total numbers found: 717

= Typical METC range from 2/18/2021 to 10/28/2025
32.5
15.3
13.6
10.6
8.4
6.3
4.6
5.4
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 994

= Typical METC range from 2/18/2021 to 10/28/2025
27.5
20.8
14.5
11.9
9.1
4.9
2.6
5.5
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 385

= Typical METC range from 2/18/2021 to 10/28/2025
26.2
18.8
13.7
13.5
7.2
5.1
7.8
3.9
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 511

= Typical METC range from 2/18/2021 to 10/28/2025
28.8
20.6
10.4
17.2
6.9
4.6
3.3
2.9
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 548

= Typical METC range from 2/18/2021 to 10/28/2025
25.4
18.0
12.5
14.0
10.4
4.9
5.1
4.4
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 566

= Typical METC range from 2/18/2021 to 10/28/2025
33.3
13.8
11.9
15.5
8.5
4.3
3.4
4.6
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 586

= Typical METC range from 2/18/2021 to 10/28/2025
26.0
17.0
15.6
12.0
7.3
5.8
5.8
6.2
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 565

= Typical METC range from 2/18/2021 to 10/28/2025
29.5
12.9
13.0
14.4
10.2
5.0
5.2
6.7
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 599

= Typical METC range from 2/18/2021 to 10/28/2025
31.7
17.2
13.7
10.7
10.0
4.9
3.3
4.8
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 839

= Typical METC range from 2/18/2021 to 10/28/2025
29.7
17.5
15.3
15.9
9.1
3.8
3.1
2.8
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 320

= Typical METC range from 2/18/2021 to 10/28/2025
27.2
20.0
12.4
16.3
5.4
4.1
4.3
3.5
6.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 61
XBRL?   [ original filing ]
Total numbers found: 485

= Typical METC range from 2/18/2021 to 10/28/2025
34.2
10.8
10.6
19.6
5.2
2.9
5.6
5.9
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL?   [ original filing ]
Total numbers found: 444

= Typical METC range from 2/18/2021 to 10/28/2025
39.0
15.7
8.5
9.9
8.5
4.7
5.1
5.1
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 1,542

= Typical METC range from 2/18/2021 to 10/28/2025
29.9
16.6
14.2
10.9
8.1
7.1
4.0
4.7
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 422

= Typical METC range from 2/18/2021 to 10/28/2025
25.5
16.7
15.6
11.7
8.6
4.9
7.1
6.2
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 546

= Typical METC range from 2/18/2021 to 10/28/2025
29.6
18.7
10.9
15.7
9.6
4.5
4.3
4.0
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 604

= Typical METC range from 2/18/2021 to 10/28/2025
28.5
19.7
14.0
13.3
10.3
4.6
2.9
2.9
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 720

= Typical METC range from 2/18/2021 to 10/28/2025
28.6
20.4
9.9
18.4
5.0
3.5
3.5
3.8
7.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 48
XBRL?   [ original filing ]
Total numbers found: 343

= Typical METC range from 2/18/2021 to 10/28/2025
33.4
11.0
11.2
15.1
8.8
4.4
4.4
6.1
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 410

= Typical METC range from 2/18/2021 to 10/28/2025
 

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