Royal Energy Resources, Inc. (ROYE) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
Market cap $9.04M is the value of all shares combined.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerRoyal Energy Resources, Inc. (ROYE) trades at $0.50. Royal Energy Resources, Inc. is a coal producer operating in the United States, focusing on both steam and metallurgical coal. Market cap: $9.04M, Sector: Energy.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for ROYE: ROYE does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Not scored: this is a debt/preferred or other non-common instrument, or its reported market value does not match its share basis.
Royal Energy Resources, Inc. (ROYE) Energy Operations & Outlook
Royal Energy Resources, Inc. (ROYE) is a US-based coal producer supplying steam and metallurgical coal to electric utilities and steel manufacturers. With operations across Kentucky, Ohio, Utah, and West Virginia, the company leverages both surface and underground mining techniques to access its estimated 268.5 million tons of proven coal reserves.
What Is the Investment Thesis for ROYE?
Royal Energy Resources, Inc. presents a speculative investment opportunity within the coal sector, contingent on a potential resurgence in coal demand. As of December 31, 2018, the company holds significant coal reserves, estimated at 268.5 million tons. However, the company's negative profit margin of -4.4% and gross margin of -1.8% indicate financial challenges. A potential catalyst for growth lies in increased demand for metallurgical coal from steel producers, although this is subject to global economic conditions and infrastructure development. The company's high beta of -1.70 suggests high volatility relative to the market. Investors should carefully consider the risks associated with the OTC market and the company's financial performance.
Based on FMP financials and quantitative analysis
ROYE Key Highlights
Estimated 268.5 million tons of proven and probable coal reserves as of December 31, 2018, providing a substantial asset base.
- Supplies both steam and metallurgical coal, diversifying its product offerings within the coal market.
- Negative profit margin of -4.4% indicates financial challenges and potential operational inefficiencies.
- Negative gross margin of -1.8% reflecting that the cost of goods sold exceeds revenue.
- Beta of -1.70 indicates high volatility relative to the market, suggesting a higher degree of risk.
Who Are ROYE's Competitors?
ROYE is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| GCLMF GCM Resources Plc | $0.16 | 0.00% | $60.0M | — |
| AREC American Resources Corporation | $1.79 | -0.56% | $191M | — |
| NC NACCO Industries, Inc. | $36.25 | -0.33% | $270M | — |
| METCB Ramaco Resources, Inc. | $4.33 | -1.37% | $370M | — |
| HNRG Hallador Energy Company | $13.49 | -0.22% | $636M | — |
| SXC SunCoke Energy, Inc. | $9.90 | +1.64% | $840M | — |
| NRP Natural Resource Partners L.P. | $109.50 | +2.89% | $1.45B | — |
| AMR Alpha Metallurgical Resources, Inc. | $171.54 | +0.73% | $2.18B | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ROYE's Key Strengths?
Significant proven and probable coal reserves.
- Supplies both steam and metallurgical coal.
- Operates mines in multiple states.
- Experience in both surface and underground mining.
What Are ROYE's Weaknesses?
Negative profit and gross margins.
- High beta indicating high volatility.
- Dependence on coal demand, which is subject to environmental regulations.
- Subsidiary of E-Starts Money Co.
What Are the Key Risks for ROYE?
Financial-distress signal — its Altman Z-Score of 0.90 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-9.4%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Increasing environmental regulations on coal production and use.
- Competition from alternative energy sources.
- Fluctuations in coal prices.
- Global economic downturn impacting steel production.
- Risks associated with operating on the OTC market, including limited liquidity and disclosure.
What Are ROYE's Competitive Advantages?
- Proven and probable coal reserves provide a tangible asset base.
- Established relationships with electric utility and steel producer customers.
- Geographic diversification across multiple coal-producing states.
- Experience in both surface and underground mining methods.
What Does ROYE Do?
Royal Energy Resources, Inc., established in 1999 and headquartered in Charleston, South Carolina, is a coal producer focused on extracting and marketing coal from its mines located in Kentucky, Ohio, Utah, and West Virginia. Originally incorporated as World Marketing, Inc., the company rebranded to Royal Energy Resources, Inc. in December 2007 to better reflect its core business. The company operates as a subsidiary of E-Starts Money Co. Royal Energy Resources, Inc. provides various grades of coal, including steam coal and metallurgical coal. Steam coal is primarily sold to electric utility companies, serving as fuel for steam-powered generators. Metallurgical coal is supplied to steel and coke producers, who utilize it in the production of coke, a crucial component in steel manufacturing. As of December 31, 2018, Royal Energy Resources, Inc. reported an estimated 268.5 million tons of proven and probable coal reserves. This reserve base consists of approximately 214.0 million tons of steam coal and 54.5 million tons of metallurgical coal. The company employs both surface and underground mining methods to access these reserves, adapting its approach based on geological conditions and economic feasibility.
What Products and Services Does ROYE Offer?
- Produces steam coal for electric utility companies.
- Produces metallurgical coal for steel and coke producers.
- Operates surface and underground mines.
- Markets coal to customers in the United States.
- Extracts coal from reserves in Kentucky, Ohio, Utah, and West Virginia.
- Sells coal of various steam and metallurgical grades.
How Does ROYE Make Money?
- Extracts coal from owned and leased mines.
- Processes and prepares coal for sale.
- Sells coal to electric utilities and steel producers.
- Generates revenue based on coal sales volume and prices.
What Industry Does ROYE Operate In?
Royal Energy Resources, Inc. operates within the coal industry, a sector facing increasing pressure from environmental regulations and the rise of alternative energy sources. The demand for coal is influenced by factors such as electricity generation, steel production, and global economic growth. The industry is characterized by intense competition, with companies vying for market share and facing challenges related to pricing, transportation costs, and regulatory compliance. Royal Energy Resources, Inc. competes with other coal producers in the United States, including companies that operate both surface and underground mines.
Who Are ROYE's Key Customers?
- Electric utility companies that use steam coal for power generation.
- Steel producers who use metallurgical coal for coke production.
- Coke producers who convert metallurgical coal into coke.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an unknown, not an operating company
Key Financial Metrics
Return on equity for Royal Energy Resources, Inc. stands at -9.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -4.3%, showing how much profit it generates from its asset base. Its free cash flow yield is -79.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.05 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -124.3%, the inverse of the P/E and a quick read on earnings relative to price.
Royal Energy Resources, Inc. (ROYE) Valuation Context
Valued at $9.04M, ROYE is classified as a micro-cap stock.
Company Profile
Royal Energy Resources, Inc. operates in the Coal industry within the Energy sector. It is headquartered in Charleston, US. The company is led by CEO Richard A. Boone. ROYE has traded publicly since 2007.
Financial Health
Royal Energy Resources, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.90 places it in the distress zone, a signal of elevated financial risk.
ROYE Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Significant proven and probable coal reserves.
- Supplies both steam and metallurgical coal.
- Operates mines in multiple states.
- Experience in both surface and underground mining.
Bear Case
- Negative profit and gross margins.
- High beta indicating high volatility.
- Dependence on coal demand, which is subject to environmental regulations.
- Subsidiary of E-Starts Money Co.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
ROYE Latest News
No recent news available for ROYE.
ROYE Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for ROYE.
Price Targets
Wall Street price target analysis for ROYE.
ROYE MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for ROYE; grades run from A+ (80-100) to F (below 30).
Leadership: Richard A. Boone
CEO
Richard A. Boone serves as the CEO of Royal Energy Resources, Inc., overseeing the company's coal production and marketing operations. His background includes experience in the energy sector, with a focus on coal mining and resource management. He is responsible for the strategic direction of the company, ensuring efficient operations and compliance with regulatory requirements. Mr. Boone manages a workforce of 702 employees, guiding the company's efforts in extracting and delivering coal to its customers.
Track Record: Under Richard A. Boone's leadership, Royal Energy Resources, Inc. has maintained its position as a coal supplier to electric utilities and steel producers. He has focused on optimizing mining operations and managing the company's coal reserves. Key milestones during his tenure include navigating market fluctuations in coal prices and adapting to evolving environmental regulations. His leadership has been focused on sustaining the company's operations within a challenging market environment.
ROYE OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Royal Energy Resources, Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and operational performance. Investing in companies on the OTC Other tier carries a higher degree of risk due to the lack of regulatory oversight and potential for fraud or manipulation. This tier is often populated by shell companies, bankrupt entities, or companies with questionable business practices.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Low liquidity and wide bid-ask spreads.
- Potential for price manipulation and fraud.
- Higher degree of regulatory scrutiny.
- Increased risk of delisting or suspension of trading.
- Verify the company's legal status and registration.
- Obtain and review any available financial statements.
- Assess the company's management team and their track record.
- Research the company's business model and competitive landscape.
- Evaluate the company's risk factors and potential liabilities.
- Consult with a qualified financial advisor.
- Understand the risks associated with investing in OTC stocks.
- Company has been in operation since 1999.
- Operates coal mines in multiple states.
- Supplies coal to electric utilities and steel producers.
- Employs 702 people.
What Investors Ask About Royal Energy Resources, Inc. (ROYE) — Energy
What does Royal Energy Resources, Inc. do?
Royal Energy Resources, Inc. is a coal producer that extracts and markets both steam and metallurgical coal from its mines located in Kentucky, Ohio, Utah, and West Virginia.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data is based on information available as of December 31, 2018.
- OTC market data may be limited or unreliable.