RAMACO RESOURCES INC. overview

LEXINGTON, Ky., Nov. 06, 2018 (GLOBE NEWSWIRE) -- Ramaco Resources, Inc. (NASDAQ:METC) (“Ramaco” or the “Company”) announced today that at approximately 1:00 p.m. on November 5, 2018, one of the three raw coal storage silos that feed its Elk Creek plant in West Virginia experienced a partial structural failure, which included the failure of various components internal to the silo. The damaged storage silo holds approximately two thousand raw tons of coal. The other two contiguous silos...

LEXINGTON, Ky., Sept. 11, 2018 (GLOBE NEWSWIRE) -- Ramaco Resources, Inc. (NASDAQ: METC ) announces updated mining information for its Berwind mine and commitments for the sale of metallurgical coal to domestic customers for 2019. The Company previously announced that it had encountered a sandstone intrusion in the Berwind mine which required the Company to explore relocating its original mining route in the Pocahontas #3 Seam to reach the more prolific Pocahontas #4 Seam. After new exploratory...

LEXINGTON, Ky., Aug. 06, 2018 (GLOBE NEWSWIRE) -- Ramaco Resources, Inc. (NASDAQ: METC) today reported net income of $10.2 million, or $0.25 per diluted share for the second quarter of 2018, compared with a net income of $5.3 million, or $0.13 per diluted share for the first quarter of 2018. The Company’s adjusted earnings before interest, taxes, depreciation, amortization and non-operating expenses (“adjusted EBITDA”) was $14.9 million for the second quarter of 2018, as compared with...

LEXINGTON, Ky., Aug. 01, 2018 (GLOBE NEWSWIRE) -- Ramaco Resources, Inc. (NASDAQ:METC) will report second quarter 2018 financial results on Monday, August 6, 2018 after the close of the market. The earnings news release will be available on the Company’s investor relations website at www.ramacoresources.com and through major financial information sites. At 9 a.m. Eastern Time on Tuesday, August 7, 2018, Ramaco Resources will host an investor conference call and webcast where Randall W. Atkins,...

LEXINGTON, Ky., June 14, 2018 (GLOBE NEWSWIRE) -- Ramaco Resources, Inc. (NASDAQ:METC) today announced that its wholly owned subsidiary, Ramaco Resources, LLC, has entered into an additional $7 million loan under an existing short-term credit facility with Maxus Capital Group (“Maxus”), a commercial finance company headquartered in Cleveland, OH. The short-term line of credit is secured by certain mining equipment as collateral. Together with amounts previously drawn on this line of credit,...

LEXINGTON, Ky., May 15, 2018 (GLOBE NEWSWIRE) -- Ramaco Resources, Inc. (NASDAQ:METC) today reported net income of $5.3 million, or $0.13 per diluted share for the first quarter of 2018, compared with a net loss of $2.6 million, or $(0.07) per share for the fourth quarter of 2017. The Company’s adjusted earnings before interest, taxes, depreciation, amortization and non-operating expenses (“adjusted EBITDA”) was $9.2 million for the first quarter of 2018 as compared with an adjusted EBITDA...

LEXINGTON, Ky., May 10, 2018 (GLOBE NEWSWIRE) -- Ramaco Resources, Inc. (NASDAQ:METC) will report first quarter 2018 financial results on Tuesday, May 15, 2018 after the close of the market. The earnings news release will be available on the Company’s investor relations website at www.ramacoresources.com and through major financial information sites. At 9 a.m. Eastern Time on Wednesday, May 16, 2018, Ramaco Resources will host an investor conference call and webcast where Randall W. Atkins,...