Signia Capital Management, a boutique money management firm, focuses on Small-Micro-Cap and Small Cap Value investing, released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Small-Micro Cap Values approach targets high-quality, catalyst-rich firms with expected earnings growth in the next 12-24 months. The Strategy returned 39.28% (gross) and 35.04% (net) for the full year 2025, compared to the Russell Microcap Value’s 23.83% return and the Russell 2000 Value’s 12.59% return. Since inception, the Strategy has delivered 29.42% (net) annualized vs. 16.15% and14.54% returns for the two indexes, respectively. Please review the Strategy’s top five holdings to gain insights into their key selections for 2025.
In its fourth-quarter 2025 investor letter, Signia Capital Management highlighted stocks like Ramaco Resources, Inc. (NASDAQ:METC). Ramaco Resources, Inc. (NASDAQ:METC) is a metallurgical coal producer based in Lexington, Kentucky. On February 10, 2026, Ramaco Resources, Inc. (NASDAQ:METC) stock closed at $16.69 per share. One-month return of Ramaco Resources, Inc. (NASDAQ:METC) was -25.06%, and its shares are up 74.95% over the past twelve months. Ramaco Resources, Inc. (NASDAQ:METC) has a market capitalization of $1.104 billion.
Signia Capital Management stated the following regarding Ramaco Resources, Inc. (NASDAQ:METC) in its fourth quarter 2025 investor letter:
“As discussed inour2025mid-yearupdate, tariff-related policy uncertainty drove a sharp and wide-spread market sell off during the month of April. We used this volatility to our advantage and increased our position in a number of portfolio companies, including Ramaco Resources, Inc. (NASDAQ:METC).
