MARKET COMPOSITE
METC - Ramaco Resources Inc8:00:00 PM 4/18/2024
Price
$15.65
-0.69 (-4.22%)
Ramaco Resources, Inc. produces and sells metallurgical coal The company's development portfolio includes the Elk Creek project consisting of approximately 20,552 acres of controlled mineral and 24 seams located in southern West Virginia; the Berwind coal property comprising approximately 31,200 acres of controlled mineral and an area of Squire Jim seam coal deposits, which is situated on the border of West Virginia and Virginia; the Knox Creek property consisting of approximately 61,343 acres of controlled mineral that is located in Virginia; and the RAM Mine property comprising approximately 1,567 acres of controlled mineral, which is situated in southwestern Pennsylvania. The company serves blast furnace steel mills and coke plants in the United States, as well as international metallurgical coal consumers. The company was founded in 2015 and is headquartered in Lexington, Kentucky.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue202.7MM+8%
Gross Profit63.3MM-
Cost Of Revenue139.4MM-4%
Operating Income37.3MM-
Operating Expenses26.1MM-
Net Income30MM+54%
G&A11.3MM-1%
Interest Expense--
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