Ramaco Resources 8/7/2024 Earnings Report

Ramaco Resources EPS Results

• Actual EPS: $0.08
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Ramaco Resources Revenue Results

• Actual Revenue: $155.32 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Ramaco Resources Announcement Details

• Date: 8/7/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Ramaco Resources (NASDAQ:METCB) (NASDAQ:METCB) is a U.S.-based coal company focused on the exploration, development and production of metallurgical and thermal coal. The company’s operations encompass both surface and underground mining in the central Appalachian Basin, where it seeks to capitalize on the region’s high-quality, low-ash coal reserves. Ramaco’s product portfolio includes metallurgical coking coal used in steelmaking, as well as steam coal for power generation, with an emphasis on meeting the exacting specifications of industrial customers.

Founded in 2014 and headquartered in Houston, Texas, Ramaco Resources has assembled a strategic acreage position in southern West Virginia and southwestern Pennsylvania. Key assets include the Elk Creek complex in West Virginia and the Robinson Run mine in Pennsylvania, where Ramaco employs modern mining practices and advanced coal-handling facilities. The company has also invested in infrastructure enhancements—such as rail-loading terminals along the Monongahela River—to improve its logistics, reduce transportation costs and expand market access for its coal products.

Ramaco Resources is led by a management team with extensive experience in the coal and resource development sectors. The company emphasizes sustainable mining practices, land reclamation and community engagement in its operations. By combining targeted investments in infrastructure with a focus on premium coal quality, Ramaco aims to support long-term contracts with steel producers and power generators while advancing its growth objectives in the Appalachian coal market.