Every 10-Q that Ramaco Resources, Inc. (METC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow METC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full METC filings page.
Ramaco Resources reports a wider net loss for the quarter ended March 31, 2026 as metallurgical coal markets softened. Revenue was $121.6 million, down from $134.7 million a year earlier, on 892,000 tons sold versus 946,000 tons. Net loss increased to $18.3 million, with Class A basic EPS of $(0.30) and Class B basic EPS of $(0.15). Adjusted EBITDA turned slightly negative at $(1.8) million compared with $9.8 million in 2025 as pricing and volumes declined and SG&A rose. The company ended the quarter with $355.2 million in cash and cash equivalents and total debt of $452.1 million, including senior and convertible notes, and no borrowings on its $350 million revolving credit facility. Ramaco invested in its Brook Mine rare earths and critical minerals project, which remains in the exploration stage and has not yet generated revenue, and recorded a $2.6 million Section 45X tax credit tied to metallurgical coal production.
Ramaco Resources (METC) reported a quarterly net loss as metallurgical coal markets softened and costs stayed elevated. Q3 revenue was $120.996 million with a net loss of $13.308 million; year-to-date revenue was $408.611 million with a net loss of $36.741 million. Cash and cash equivalents rose to $193.846 million, reflecting a substantial capital raise and new notes issuance.
The company completed an underwritten Class A offering for ~$188.1 million in net proceeds and issued 8.25% Senior Notes due 2030 totaling $65.0 million, using proceeds to redeem $34.5 million of 2026 notes. Senior notes, net, stood at $116.316 million. Segment reporting now includes Rare Earths & Critical Minerals, which had no revenue but received a $6.1 million Wyoming grant toward a pilot plant. Metallurgical Coal sold 2.9 million tons year-to-date and expects 3.7–3.9 million tons in 2025.
Contracted commitments included about 0.6 million tons at fixed prices averaging $164/ton and 1.2 million tons with index-based pricing. The board suspended the Class A stock dividend while continuing Class B distributions via stock.