Latest news with #RamacoResources
Yahoo
02-06-2025
- Business
- Yahoo
Ramaco Resources Announces Second Quarter Class A Stock Dividend Details
LEXINGTON, Ky., June 2, 2025 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") a leading operator and developer of high-quality, low-cost metallurgical coal in Central Appalachia and future developer of rare earth elements and critical minerals in Wyoming, today announced the dividend ratio of its previously declared Class A common stock dividend for the second quarter of 2025. RAMACO ANNOUNCES SECOND QUARTER OF 2025 DIVIDEND DETAILS As previously announced, the Board of Directors approved and declared a quarterly Class A common stock dividend of $0.06875 per share of Class A common stock, payable on June 13, 2025 (the "Payment Date"), to shareholders of record on May 30, 2025 (the "Record Date"), with the dividend to be paid in shares of Class B common stock. Also as previously announced, Class A common stockholders will receive a number of shares of Class B common stock for each share of Class A common stock determined by dividing $0.06875 by the closing transaction price of the Class B common stock on May 30, 2025, which was $7.45 per share (the "Class B Closing Price"). Based on the Class B Closing Price, each Class A common stockholder will receive 0.009228 of one share of Class B common stock for each share of Class A common stock held by the Class A common stockholder at the close of the market on May 30, 2025. No fractional shares will be issued in connection with the above-described stock dividend. In lieu of the issuance of fractional shares, the Company will pay in cash on the Payment Date the fair value of the fractions of a share issuable, determined as of the close of Nasdaq on the Record Date and based upon the Class B Closing Price. For additional information please see our Current Report on Form 8-K which is expected to be filed with the Securities and Exchange Commission later today. ABOUT RAMACO RESOURCES Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, and southwestern Virginia and a developing producer of coal, rare earth and critical minerals in Wyoming. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has four active metallurgical coal mining complexes in Central Appalachia and one development rare earth and coal mine near Sheridan, Wyoming in the initial stages of production. In 2023, the Company announced that a major deposit of primary magnetic rare earths and critical minerals was discovered at its mine near Sheridan, Wyoming. Contiguous to the Wyoming mine, the Company operates a carbon research and pilot facility related to the production of advanced carbon products and materials from coal. In connection with these activities, it holds a body of roughly 76 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks. News and additional information about Ramaco Resources, including filings with the Securities and Exchange Commission, are available at For more information, contact investor relations at (859) 244-7455. POINT OF CONTACT INVESTOR RELATIONS: info@ or 859-244-7455 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Certain statements contained in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Ramaco Resources' expectations or beliefs concerning guidance, future events, anticipated revenue, future demand and production levels, macroeconomic trends, the development of ongoing projects, costs and expectations regarding operating results, and it is possible that the results described in this news release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Ramaco Resources' control, which could cause actual results to differ materially from the results discussed in the forward-looking statements. These factors include, without limitation, unexpected delays in our current mine development activities, the ability to successfully ramp up production at our complexes in accordance with the Company's growth initiatives, failure of our sales commitment counterparties to perform, increased government regulation of coal in the United States or internationally, the impact of tariffs imposed by the United States and foreign governments, the further decline of demand for coal in export markets and underperformance of the railroads, the Company's ability to successfully develop the Brook Mine, including whether the Company's exploration target and estimates for such mine are realized, the timing of the initial production of rare earth concentrates, the development of a pilot and ultimately a full scale commercial processing facility. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Ramaco Resources does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for Ramaco Resources to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements found in Ramaco Resources' filings with the Securities and Exchange Commission ("SEC"), including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The risk factors and other factors noted in Ramaco Resources' SEC filings could cause its actual results to differ materially from those contained in any forward-looking statement. View original content: SOURCE Ramaco Resources, Inc.
Yahoo
26-05-2025
- Business
- Yahoo
Spotlighting Three Growth Companies With Strong Insider Confidence
Over the last 7 days, the United States market has dropped 2.6%, yet it remains up by 9.1% over the past year with earnings forecasted to grow by 14% annually. In this fluctuating environment, stocks with high insider ownership can signal strong confidence from those closest to the company's operations, making them intriguing considerations for investors seeking growth opportunities. Name Insider Ownership Earnings Growth Atour Lifestyle Holdings (NasdaqGS:ATAT) 22.7% 24.2% Super Micro Computer (NasdaqGS:SMCI) 25.2% 39.1% Duolingo (NasdaqGS:DUOL) 14.3% 39.9% FTC Solar (NasdaqCM:FTCI) 27.9% 61.8% AST SpaceMobile (NasdaqGS:ASTS) 13.4% 67.1% Credo Technology Group Holding (NasdaqGS:CRDO) 12.1% 65.1% Astera Labs (NasdaqGS:ALAB) 15.2% 44.3% Enovix (NasdaqGS:ENVX) 12.1% 58.4% Upstart Holdings (NasdaqGS:UPST) 12.6% 102.6% BBB Foods (NYSE:TBBB) 16.2% 30.2% Click here to see the full list of 193 stocks from our Fast Growing US Companies With High Insider Ownership screener. Let's review some notable picks from our screened stocks. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Ramaco Resources, Inc. is involved in the development, operation, and sale of metallurgical coal with a market cap of $487.21 million. Operations: The company generates revenue of $628.28 million from its metals and mining segment, specifically through the sale of metallurgical coal. Insider Ownership: 10.8% Earnings Growth Forecast: 78.5% p.a. Ramaco Resources is expected to become profitable within three years, with earnings forecasted to grow significantly at 78.47% per year. Despite trading well below its estimated fair value, the stock has experienced high volatility recently. Revenue growth is projected at 11.7% annually, surpassing the US market average but not reaching 20%. Recent strategic hires and board appointments aim to bolster its rare earth mineral operations in Wyoming, enhancing long-term growth potential amidst current financial challenges. Dive into the specifics of Ramaco Resources here with our thorough growth forecast report. Our valuation report unveils the possibility Ramaco Resources' shares may be trading at a discount. Simply Wall St Growth Rating: ★★★★★☆ Overview: Fiverr International Ltd. operates a global online marketplace and has a market cap of approximately $1.21 billion. Operations: The company generates revenue primarily from its Internet Software & Services segment, amounting to $405.14 million. Insider Ownership: 13.5% Earnings Growth Forecast: 38.4% p.a. Fiverr International is experiencing robust earnings growth, projected at 38.4% annually, outpacing the US market's average. Despite a slower revenue growth forecast of 9.1%, it exceeds the broader market rate and benefits from high insider ownership, aligning leadership interests with shareholders. The company recently raised its revenue guidance for 2025 to US$425 million-US$438 million, reflecting confidence in performance. Additionally, a US$100 million share repurchase program highlights management's commitment to enhancing shareholder value. Get an in-depth perspective on Fiverr International's performance by reading our analyst estimates report here. Upon reviewing our latest valuation report, Fiverr International's share price might be too optimistic. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Warby Parker Inc. operates in the United States and Canada, offering eyewear products, with a market capitalization of approximately $2.41 billion. Operations: The company's revenue is primarily derived from its Medical - Optical Supplies segment, totaling $795.09 million. Insider Ownership: 16.9% Earnings Growth Forecast: 88.4% p.a. Warby Parker's strategic partnership with Google to develop AI-powered glasses marks a significant step in innovation, supported by Google's US$75 million commitment for product development. Despite recent insider selling, the company is trading 14.1% below estimated fair value and has shown strong revenue growth of 24.7% annually over five years. While earnings are expected to grow significantly at 88.39% annually, the stock remains volatile with a forecasted return on equity of only 11.6%. Click here and access our complete growth analysis report to understand the dynamics of Warby Parker. Our comprehensive valuation report raises the possibility that Warby Parker is priced higher than what may be justified by its financials. Unlock our comprehensive list of 193 Fast Growing US Companies With High Insider Ownership by clicking here. Contemplating Other Strategies? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include NasdaqGS:METC NYSE:FVRR and NYSE:WRBY. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
13-05-2025
- Business
- CNBC
How this coal company could help break U.S. dependence on China for rare earths
A small coal miner headquartered in Kentucky could play an important role in helping the U.S. break its dependence on China for rare earth elements that are crucial for national defense. Ramaco Resources unexpectedly discovered in 2023 that a Wyoming coal mine it purchased for $2 million is sitting on top of a major trove of rare earth elements. The Brook Mine outside Sheridan is estimated to contain as much as 1.7 million tons of rare earth oxides, according to an analysis this month by the mining consultant Weir International. The discovery is potentially a major turn of fortunes for Ramaco, a relatively small company with a market cap of $571 million that mines coal in West Virginia and Virginia for steel production. It could also help wean the U.S. off imports from China, a key priority of the Trump administration. The U.S. was almost entirely dependent on foreign countries for the roughly 10,000 metric tons of rare earths it consumed in 2023 with China representing 70% of the country's imports, according to the U.S. Geological Survey. Beijing imposed controls in April on exports of seven rare earth elements to the U.S retaliation for President Donald Trump's tariffs. Those rare earths are critical for weapons like the F-35 warplane, which contains more than 900 pounds of them, according to the Defense Department. The Brook Mine "has the potential to help address what is an acute national strategic supply shortfall of precisely the rare earths and critical minerals which we happen to possess," CEO Randall Atkins told analysts on the company's first-quarter earnings call Monday. "From a national security standpoint, we will never need to ship our ores to China or any other country for processing." Only one rare earth mining and processing facility is operational in the U.S. at Mountain Pass, California. Ramaco's Brook Mine would be the first new rare earth facility in the U.S. in more than seven decades. The facility could produce an estimated 1,400 metric tons annually, Atkins said. Ramaco aims to begin large-scale coal production at Brook Mine in June and start construction on a pilot plant for rare earths this summer, Atkins said. "In simple terms, the coal sales will help us lower the overall cost of the rare earth mining so that we will have an extremely low mine cost basis in the critical minerals," the CEO said. The pilot plant is expected to start operating in 2026 and run for roughly a year in order to figure out the design of the full commercial facility, Atkins said. Ramaco plans to start construction on the commercial facility as soon as late 2026 with refining and processing to start in 2028, he said. It is unclear how much the project will cost and whether Ramaco can shoulder the burden alone. Fluor, an engineering firm, is delivering an estimate in June of the capital spending needed for the project and its economics, Atkins said. Ramaco's stock has pulled back 11% this year as its metallurgical coal business is under pressure due to overproduction by China. The miner posted a loss of $9.5 million in the first quarter, compared with a profit of $2 million in the same-period in 2024. It generated revenue of around $666 million last year. "They have solid liquidity, solid access to liquidity," said Nick Giles, analyst at B. Riley Securities, one of three Wall Street firms that covers Ramaco. "I don't think the weakness in the [metallurgical coal] markets is going to spoil the party here in rare earths," he said. Ramaco is not looking for a joint venture with another company to help finance Brook Mine, Atkins said. "We view this project as one that Ramaco is going to be able to finance on their own," the CEO said. "There really aren't any other third parties out there that are in the rare earth business in the United States that are really operating." Ramaco is interested in pursuing federal support for the project, Atkins said. The company is in contact with Trump's National Energy Dominance Council about Brook Mine, the CEO said. Once the financial dimensions of the project are clear, Ramaco intends to look into potential federal financing, procurement or relationships with the Defense Department, he said. Mountain Pass owner MP Materials, for example, received $35 million from the Pentagon in 2022 to build a facility to process rare earth elements. Interior Secretary Doug Burgum said last month that the Trump administration is considering making an "equity investment in each of these companies that's taking on China in critical minerals." Burgum said China dumps minerals on the global market to depress prices and undercut U.S. companies. "You're competing against state capital because China is picking these strategically as areas that they want to invest in," Burgum at a conference in Oklahoma City. Ramaco plans to hold a ribbon-cutting ceremony at Brook Mine in July. Senior officials from the federal government be attending, Atkins said.
Yahoo
13-05-2025
- Business
- Yahoo
Ramaco Resources Inc (METC) Q1 2025 Earnings Call Highlights: Navigating Challenges with ...
Adjusted EBITDA: $10 million in Q1 2025, down from $29 million in Q4 2024. Net Loss: $9 million in Q1 2025, compared to a net income of $4 million in Q4 2024. Class A EPS: $0.19 loss in Q1 2025 versus a $0.06 gain in Q4 2024. Cash Cost per Ton Sold: Under $100 for the second straight quarter. Quarterly Production: Record level, annualizing to 4 million tons despite weather impacts. Liquidity: $118 million as of March 31, 2025, up almost 25% year on year. 2025 Production Guidance: Reduced to 3.9 million to 4.3 million tons from 4.2 million to 4.6 million tons. 2025 Sales Guidance: Reduced to 4.1 million to 4.5 million tons from 4.4 million to 4.8 million tons. CapEx Guidance: Reduced to $55 million to $65 million from $60 million to $70 million. Cash SG&A Guidance: Increased to $36 million to $40 million from $34 million to $38 million. DDA Guidance: Reduced to $71 million to $76 million from $73 million to $78 million. Warning! GuruFocus has detected 7 Warning Signs with POWI. Release Date: May 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Ramaco Resources Inc (NASDAQ:METC) achieved the highest cash margins per ton and the highest realized sales price among its publicly traded peer group in Q1 2025. The company set a quarterly production record with 1 million tons produced, annualizing to 4 million tons, despite challenging weather conditions. Ramaco Resources Inc (NASDAQ:METC) maintained cash costs per ton sold under $100 for the second consecutive quarter, placing it in the first quartile of the US coal met producers' cost curve. The company is poised to expand production by an additional 2 million tons when market conditions improve, with plans for a deep mine expansion and new mining sections. Ramaco Resources Inc (NASDAQ:METC) is advancing its Brook Mine Rare Earth Project, with plans to become a major critical minerals producer, leveraging a significant domestic rare earth deposit. The company experienced a decline in earnings due to falling US and Australian met coal prices, despite strong operational performance. Ramaco Resources Inc (NASDAQ:METC) reduced its 2025 production and sales guidance due to weak market conditions, opting not to force tons into the spot market. The company faced production setbacks due to extreme weather conditions, losing approximately 150,000 tons of production in Q1 2025. Q1 2025 adjusted EBITDA decreased to $10 million from $29 million in Q4 2024, with a net loss of $9 million compared to a net income of $4 million in the previous quarter. The company anticipates continued weak market conditions, with Q2 2025 sales projected to be similar to Q1 levels, impacting cash market costs. Q: Can you provide insights into the expected improvement in sales and costs for the second half of the year, given the Q2 guidance of 900,000 tons? A: Jeremy Sussman, CFO: Our Q2 sales guidance of 850,000 to 950,000 tons implies a pickup in the second half. We expect the market to improve, allowing us to increase sales, potentially reaching around 1 million tons in Q3 and Q4. We are not forcing tons into a challenging market but are prepared to capitalize on improvements. Q: Could the Brook Mine be included in the FAST-41 projects list, and what benefits might that bring? A: Randall Atkins, CEO: The Brook Mine was not included in the FAST-41 list as it already has a permit. However, we are in discussions with the National Energy Dominance Council for potential federal assistance, which could include financing or procurement support, especially as we are poised to begin production. Q: Is there a desire to bring in a strategic or operating partner for the Brook Mine project? A: Randall Atkins, CEO: We are not seeking joint venture partners. Ramaco intends to finance the project independently, potentially with non-dilutive federal support. Our current partners, like Fluor, are development partners, and we plan to proceed as a Ramaco venture. Q: What is the breakdown of the reduced CapEx guidance, and how does it affect the Brook Mine? A: Jeremy Sussman, CFO: We reduced CapEx from $60-$70 million to $55-$60 million, deferring the fourth section of the Berwind mine. Maintenance CapEx is about $10 per ton, with $15 million for growth, including $5 million for the Brook Mine. Most growth CapEx is front-loaded in the year. Q: How does the recent executive order declaring met coal a potential critical mineral impact Ramaco? A: Randall Atkins, CEO: While federal funding for met coal isn't expected soon, the order could aid in permitting, especially for projects involving BLM land. It acknowledges met coal as critical, which may influence future federal coal policy and support. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
San Francisco Chronicle
12-05-2025
- Business
- San Francisco Chronicle
Ramaco Resources: Q1 Earnings Snapshot
LEXINGTON, Ky. (AP) — LEXINGTON, Ky. (AP) — Ramaco Resources, Inc. (METC) on Monday reported a loss of $9.5 million in its first quarter. The Lexington, Kentucky-based company said it had a loss of 19 cents per share. The company posted revenue of $134.7 million in the period. _____ May 12, 2025
