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Ramaco Resources Inc - METCB STOCK NEWS

Welcome to our dedicated news page for Ramaco Resources (Ticker: METCB), 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) 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
METC - Ramaco Resources, Inc. Reports $19.5 Million Net Income in Q3 2023, 39% Increase in Tons Sold, and $50 Million Debt Repayment
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.45%
Tags
earnings
-
Rhea-AI Summary
METC - Ramaco Resources, Inc. Reports $19.5 Million Net Income in Q3 2023, 39% Increase in Tons Sold, and $50 Million Debt Repayment
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
Tags
earnings
-
Rhea-AI Summary
Ramaco Resources provides operational and financial update for Q3 2023, expects increase in net income and Adjusted EBITDA. Raises full-year 2023 coal shipment guidance. Declares Q4 dividend for Class A common stock and increases dividend for Class B tracking stock. Updates on rare earth element developments at Brook Mine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.82%
Tags
dividends earnings
Rhea-AI Summary
Ramaco Resources provides operational and financial update for Q3 2023, expects increase in net income and Adjusted EBITDA. Raises full-year 2023 coal shipment guidance. Declares Q4 dividend for Class A common stock and increases dividend for Class B tracking stock. Updates on rare earth element developments at Brook Mine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
Tags
dividends earnings
Ramaco Resources Inc

Nasdaq:METCB

METCB Rankings

METCB Stock Data

925.76M
31.15M
58.22%
0.09%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States
Lexington

About METCB

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.