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Ramaco Resources ( (METC) ) has provided an announcement.
Ramaco Resources reported its strongest operational and financial quarter of 2024 in Q4, achieving a 24% increase in Adjusted EBITDA to $29.2 million despite a decline in metallurgical coal prices. The company sold a record 1.1 million tons, reduced cash costs, and maintained solid cash margins per ton sold. Looking ahead to 2025, Ramaco anticipates continued operational progress, with significant sales commitments and ongoing development of its rare earth and critical minerals project in Wyoming.
More about Ramaco Resources
Ramaco Resources, Inc. is a leading operator and developer of high-quality, low-cost metallurgical coal in Central Appalachia and is also focusing on developing rare earth and critical minerals in Wyoming.
YTD Price Performance: -16.22%
Average Trading Volume: 503,060
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $448.6M
For a thorough assessment of METC stock, go to TipRanks’ Stock Analysis page.
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