Company Description
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) represent a class of senior debt securities issued by Ramaco Resources, Inc. The notes are identified in the company’s SEC filings as the 8.375% Senior Notes due 2029, separate from the company’s common equity classes and other debt instruments. METCZ trades as a distinct security tied to the issuer’s capital structure rather than its common stock.
According to an 8-K filed by Ramaco Resources, Inc., the company has multiple securities registered, including its Class A common stock, Class B common stock, the 8.375% Senior Notes due 2029, and additional senior notes due 2030. METCZ therefore reflects one of the company’s senior note offerings, which sit in the issuer’s capital stack as debt obligations with a stated interest rate and maturity date in 2029.
The issuer, Ramaco Resources, Inc., is associated with the bituminous coal and lignite mining sector. In the referenced 8-K, Ramaco Resources discusses activities related to its Brook Mine property near Sheridan, Wyoming, including rare earth element (REE) exploration targets and a rare earth and critical minerals project. While these operational details relate to the company as a whole rather than specifically to METCZ, they provide context on the type of underlying business supporting the issuer’s obligations.
The 8-K describes a letter to stockholders from Ramaco Resources’ leadership regarding developments in the expansion and acceleration of its Brook Mine rare earth and critical minerals project. The filing notes milestones such as groundbreaking at the Brook Mine, capital raising efforts, plans to increase production capacity, engagement with federal agencies, updated geological and technical studies, and planned enhancements to the company’s revolving credit facility. These activities, while not altering the specific terms of METCZ, are part of the broader corporate environment in which the notes exist.
The same 8-K indicates that Ramaco Resources filed a Technical Report Summary (TRS) prepared by Weir International relating to its rare earth element exploration target for the Brook Mine property. The report is identified as a Technical Report Summary relating to exploration target estimates at the Brook Mine property, with an effective date in September 2025. This technical documentation is incorporated into the 8-K as an exhibit and provides further detail on the company’s mineral-related projects.
For investors analyzing METCZ, the security represents exposure to the credit of Ramaco Resources, Inc. as an issuer operating in the bituminous coal and lignite mining sector and pursuing rare earth and critical minerals projects at the Brook Mine property. The 8.375% Senior Notes due 2029 are referenced in SEC filings as a distinct class of securities, separate from the issuer’s equity and other senior notes.
Business and project context from SEC filings
In the referenced 8-K, Ramaco Resources highlights the Brook Mine rare earth and critical minerals project near Sheridan, Wyoming. The company reports that it has reached milestones such as groundbreaking of the Brook Mine and has undertaken capital raising efforts connected to its broader plans. It also notes ongoing engagement with federal agencies and updated geological and technical studies, which are summarized in the Weir International Technical Report Summary filed as an exhibit.
The 8-K further notes that Ramaco Resources released and posted an updated Technical Report Summary and a shareholder letter, and that these materials were announced via press releases filed as exhibits to the same 8-K. The filing also states that the Technical Report Summary and related consent are included as exhibits and incorporated by reference, indicating that the company is providing detailed technical and geological information about its Brook Mine exploration targets.
How METCZ fits within Ramaco Resources’ capital structure
The 8-K explicitly identifies the 8.375% Senior Notes due 2029 as one of the company’s registered securities. Alongside these notes, the filing references Class A common stock, Class B common stock, and 8.250% Senior Notes due 2030. This shows that Ramaco Resources uses both equity and debt instruments, including METCZ, to finance its operations and projects, such as those associated with the Brook Mine property.
Because METCZ is a senior note, it represents a debt obligation of Ramaco Resources, Inc. with a defined maturity year and stated interest rate. While the 8-K does not restate the detailed terms of the notes, it confirms their existence as a separate security class and places them in the context of the issuer’s broader financing and project development activities.
Key points for METCZ-focused investors
- METCZ corresponds to Ramaco Resources, Inc. 8.375% Senior Notes due 2029, identified in SEC filings as a distinct class of senior notes.
- The issuer operates in the bituminous coal and lignite mining sector and is pursuing a rare earth and critical minerals project at the Brook Mine property near Sheridan, Wyoming, as described in an 8-K.
- The 8-K details corporate activities such as groundbreaking at Brook Mine, capital raising efforts, engagement with federal agencies, and updated geological and technical studies, which form part of the issuer’s operating context.
- Technical and geological information related to the Brook Mine rare earth element exploration target is provided in a Technical Report Summary prepared by Weir International and filed as an exhibit to the 8-K.
FAQs about Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ)
Q: What does METCZ represent?
A: METCZ represents the 8.375% Senior Notes due 2029 issued by Ramaco Resources, Inc. In an 8-K filing, the company identifies these notes as a separate security class alongside its common stock and other senior notes.
Q: Who is the issuer of METCZ?
A: The issuer of METCZ is Ramaco Resources, Inc. This is confirmed in the 8-K, which lists Ramaco Resources, Inc. and references the 8.375% Senior Notes due 2029 as one of its securities.
Q: In which sector does the issuer of METCZ operate?
A: The issuer, Ramaco Resources, Inc., is associated with the bituminous coal and lignite mining sector. This sector classification is provided in the input data.
Q: What projects related to Ramaco Resources are mentioned in the SEC filings?
A: The 8-K describes the Brook Mine rare earth and critical minerals project near Sheridan, Wyoming. It mentions groundbreaking at the Brook Mine, capital raising efforts, plans to increase production capacity, engagement with federal agencies, and updated geological and technical studies.
Q: What technical documentation has Ramaco Resources filed related to its projects?
A: Ramaco Resources filed a Technical Report Summary prepared by Weir International, relating to its rare earth element exploration target for the Brook Mine property. This report is attached to the 8-K as an exhibit and is incorporated by reference.
Q: How are METCZ and the Brook Mine project connected?
A: The 8-K identifies METCZ as one of Ramaco Resources’ senior note securities and separately discusses the Brook Mine rare earth and critical minerals project. While the filing does not state a direct linkage between METCZ and a specific project, both the notes and the project are part of the overall corporate and financing context of Ramaco Resources, Inc.
Stock Performance
Latest News
No recent news available for Ramaco Res.
SEC Filings
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Ramaco Res (METCZ) currently stands at 332 shares, up 492.9% from the previous reporting period. Over the past 12 months, short interest has decreased by 81.1%.
Days to Cover History
Days to cover for Ramaco Res (METCZ) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.