Welcome to our dedicated page for Ramaco Res news (Ticker: METC), a resource for investors and traders seeking the latest updates and insights on Ramaco Res stock.
Ramaco Resources Inc (NASDAQ: METC) operates at the intersection of traditional metallurgical coal production and innovative rare earth element exploration. This page serves as the definitive source for official company announcements, operational updates, and strategic developments across both business segments.
Investors and industry observers will find timely updates on quarterly results, mine production levels, rare earth project advancements at the Wyoming-based Brook Mine, and partnerships in carbon technology research. The curated news collection enables stakeholders to track the company's dual focus: maintaining low-cost coal operations in Appalachia while pioneering novel mineral extraction methods.
Key content areas include earnings reports, asset acquisitions, rare earth resource assessments, and developments from the company's carbon research facility. All materials are sourced directly from official Ramaco Resources communications to ensure accuracy and compliance with disclosure standards.
Bookmark this page for streamlined access to METC's latest operational milestones, or subscribe to Stock Titan's alerts for immediate updates on material developments affecting this evolving natural resources enterprise.
Ramaco Resources, Inc. (NASDAQ: METC) reported first-quarter 2024 financial results with adjusted EBITDA at $24.2 million, net income at $2.0 million, and Class A EPS at $0.00. The company faced challenges due to lower index pricing and higher mine costs but remains optimistic about improving results. The Board declared cash dividends and extended its Revolver facility. Market commentary indicates the expectation of increased production and declining costs in the latter half of 2024. The Company continues progress on its growth initiatives and critical mineral projects.
Ramaco Resources, Inc. announced an increase and term extension of its revolving credit facility to $275 million, led by KeyBank, N.A. The facility now consists of $200 million with an accordion feature for an additional $75 million, and the term has been extended to 2029.
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