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Ramaco Resources, Inc. engages in the operation and development of coal mining properties. The firm deals with metallurgical coal in central and southern West Virginia, southwestern Virginia, and southwestern Pennsylvania. Read More Its portfolio consists of Elk Creek, Berwind, RAM Mine, and Knox Creek. The company was founded by Randall W. Atkins in August 2015 and is headquartered in Lexington, KY.
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Seeking AlphaMar 20
Ramaco Resources, Inc. 2018 Q4 - Results - Earnings Call Slides
The following slide deck was published by Ramaco Resources, Inc. in conjunction with their 2018 Q4 earnings call. 1 13 Click to enlarge Notes:...
Seeking AlphaMar 20
More on Ramaco Resources Q4 resources
Ramaco Resources (METC -2.5% ) says that in Q4 the company faced challenges due to silo failure at Elk Creek mining complex; sales volumes were down 32% Q/Q to 315k tons and after completion of temporary conveying system the company commenced processing coal at ~80% plant capacity Q4 sales decrease 29% Q/Q to $44.2M, however increases 84% on Y/Y basis Production of 423k tons was down 6% Q/Q Cash margins improved by 12% from ~$25/ton in Q3 to ~$28/ton in Q4; cash mine costs stood at $68/ton For 2019, exp...
Markets InsiderMar 19
Ramaco Resources, Inc. Reports Fourth Quarter and Full Year 2018 Financial Results
LEXINGTON, Ky., March 19, 2019 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco," "Ramaco Resources" or the "Company") today reported annual net income of $25.1 million, or $0.62 per diluted share for the year ended December 31, 2018, as compared to a net loss of $15.4 million in 2017. The Company's adjusted earnings before interest, taxes, depreciation, amortization and equity-based compensation expenses ("Adjusted EBITDA") was $42.2 million for the year ended December 31,2018, as compared wi...
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