STOCK TITAN

Ramaco Resources Inc - METC STOCK NEWS

Welcome to our dedicated news page for Ramaco Resources (Ticker: METC), a resource for investors and traders seeking the latest updates and insights on Ramaco Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ramaco Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ramaco Resources's position in the market.

Rhea-AI Summary
Ramaco Resources, Inc. (NASDAQ: METC) announces strong fourth quarter and annual 2023 financial results, with net income exceeding $80 million and record coal sales. The company increases its 2024 coal sales and production guidance, showcasing a significant commitment to export markets. Additionally, Ramaco purchases a preparation plant for the Maben Complex, aiming to reduce costs and enhance operational efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.16%
Tags
earnings
-
Rhea-AI Summary
Ramaco Resources, Inc. (NASDAQ: METC) announces strong fourth quarter and annual 2023 financial results, with net income exceeding $80 million and record coal sales. The company increases its 2024 coal sales and production guidance, showcasing a significant commitment to export markets. Additionally, Ramaco purchases a preparation plant for the Maben Complex, aiming to reduce costs and enhance operational efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.59%
Tags
earnings
-
Rhea-AI Summary
Ramaco Resources, Inc. (NASDAQ: METC) has hired Evan H. Jenkins, former Chief Justice of the West Virginia Supreme Court, as its new General Counsel. The company also announced the promotion of Tyler Adkins to Senior Vice President of Law. Jenkins brings extensive legal and legislative experience to Ramaco, having served in various government and business roles. The company also declared a quarterly cash dividend for Class B shares and announced a 10% increase in the Class A dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.64%
Tags
dividends earnings
Rhea-AI Summary
Ramaco Resources, Inc. (NASDAQ: METC) has hired Evan H. Jenkins, former Chief Justice of the West Virginia Supreme Court, as its new General Counsel. The company also announced the promotion of Tyler Adkins to Senior Vice President of Law. Jenkins brings extensive legal and legislative experience to Ramaco, having served in various government and business roles. The company also declared a quarterly cash dividend for Class B shares and announced a 10% increase in the Class A dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.15%
Tags
dividends earnings
-
Rhea-AI Summary
Ramaco Resources, Inc. (NASDAQ: METC) has hired Dr. Alex Moyes as director of Critical Minerals and Planning to oversee the company's expanding rare earth element (REEs) operations. Dr. Moyes will work with Ramaco's existing research team to manage the geological and chemical assessment of REEs located at Ramaco's Brook Mine near Sheridan, Wyoming, as well as the planning and execution of the eventual extraction of these elements. The Brook Mine may contain the largest unconventional deposit of REEs discovered to date in the United States, and the company has been developing the extent of the REE deposit over the past several years in association with government researchers and mining consultancy. Moyes brings a deep background in operations management and data-driven production to his new position, including formerly as Director of Geoscience and Engineering at Dominion Energy and Vice President of Economics and Planning at FREYR Battery. The Brook Mine will potentially be the first magnetic rare earth element mine opened in the United States in decades, presenting an exciting but formidable opportunity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
management
-
Rhea-AI Summary
Ramaco Resources, Inc. (NASDAQ: METC) Chairman and CEO Randall Atkins is scheduled to appear for interviews at two United Kingdom television outlets to discuss Ramaco's Brook Mine project, the discovery of rare earth elements, and the company's overall metallurgical coal business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.25%
Tags
none
Rhea-AI Summary
Ramaco Resources, Inc. (NASDAQ: METC) announced an increase in the Class A dividend by 10% and provided initial 2024 guidance. The company expects production volumes between 3.9 – 4.4 million tons, with sales commitments of over 2 million tons for delivery in 2024. They also anticipate sales to exceed production by at least 0.2 million tons and provided updates on cash cost of sales, capital expenditures, administrative costs, and rare earth element exploration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
Tags
dividends
-
Rhea-AI Summary
Ramaco Resources, Inc. (NASDAQ: METC) announced an increase in the Class A dividend by 10% and provided initial 2024 guidance. The company expects production volumes between 3.9 – 4.4 million tons, with sales commitments of over 2 million tons for delivery in 2024. They also anticipate sales to exceed production by at least 0.2 million tons and provided updates on cash cost of sales, capital expenditures, administrative costs, and rare earth element exploration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.39%
Tags
dividends
-
Rhea-AI Summary
Ramaco Resources, Inc. (NASDAQ: METC) Chairman and CEO Randall Atkins is set to appear on Bloomberg TV's 'Bloomberg Markets The Close' for an interview with hosts David Westin and Romaine Bostick. This follows the recent Wall Street Journal profile titled 'The $2 Million Coal Mine That Might Hold a $37 Billion Treasure' and appearances on CNBC and Fox Business Channel, focusing on Ramaco's Brook Mine project and the discovery of rare earth elements at the site.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.59%
Tags
none
Rhea-AI Summary
Ramaco Resources, Inc. (METC) congratulates board member Aurelia Skipwith Giacometto on her appointment as Secretary of the Louisiana Department of Environmental Quality. Giacometto, a biologist, lawyer, and conservationist, previously served as Director of the United States Fish and Wildlife Service (FWS) and CEO of the International Order of T. Roosevelt. She will bring her expertise in science and conservation to serve the people of Louisiana.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
Tags
management
Ramaco Resources Inc

Nasdaq:METC

METC Rankings

METC Stock Data

871.49M
31.15M
10.66%
76.25%
7.27%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Lexington

About METC

ramaco resources, inc. produces and sells metallurgical coal the company's development portfolio includes the elk creek project consisting of approximately 20,552 acres of controlled mineral and 24 seams located in southern west virginia; the berwind coal property comprising approximately 31,200 acres of controlled mineral and an area of squire jim seam coal deposits, which is situated on the border of west virginia and virginia; the knox creek property consisting of approximately 61,343 acres of controlled mineral that is located in virginia; and the ram mine property comprising approximately 1,567 acres of controlled mineral, which is situated in southwestern pennsylvania. the company serves blast furnace steel mills and coke plants in the united states, as well as international metallurgical coal consumers. the company was founded in 2015 and is headquartered in lexington, kentucky.