Welcome to our dedicated page for Ramaco Resources news (Ticker: METCB), a resource for investors and traders seeking the latest updates and insights on Ramaco Resources stock.
undefined (METCB) is a resource development company focused on innovative extraction of metallurgical coal and critical minerals. This news hub provides investors and stakeholders with timely updates on operational milestones, financial performance, and strategic initiatives.
Access official press releases and third-party analysis covering quarterly earnings, partnership announcements, and technological advancements. Our curated feed ensures you stay informed about METCB's projects in key mining regions and emerging developments in resource innovation.
Key coverage areas include production updates from core operations, progress on rare earth element initiatives, and market expansion efforts. Bookmark this page for direct access to METCB's evolving corporate narrative and material disclosures that impact long-term value creation.
Ramaco Resources, Inc. (NASDAQ: METC) has hired David N. Dyer as Vice President-Marketing & Analysis and Jason P. Bragg as Vice President-Land. Dyer brings extensive experience in evaluating natural resources and commodity markets internationally, while Bragg has expertise in land planning and management. Both individuals are expected to enhance Ramaco's strategic guidance and land management capabilities.
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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