For Q1 FY2026 ended March 31, 2026, Ramaco Resources reported revenue of $121.6 million, down 9.7% year-over-year. Net loss was $18.3 million, compared to a net loss of $9.5 million in the prior year quarter. Operating loss was $24.3 million, a significant decline from operating income of $1.2 billion in Q1 FY2025. Cash and cash equivalents stood at $355.2 million, with total equity of $437.0 million and long-term debt of $467.6 million.
•Revenue decreased 9.7% YoY to $121.6 million.
•Net loss widened to $18.3 million from $9.5 million in the prior year quarter.
•Operating loss of $24.3 million versus operating income of $1.2 billion a year ago.
•Cash and equivalents of $355.2 million, equity of $437.0 million, and long-term debt of $467.6 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Ramaco Resources provides the development, operation, and sale of metallurgical coal. The company's development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia.
Its portfolio also includes the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia, the Knox Creek property, which covers an area of approximately 88,850 acres is located in Virginia, the Maben property covering an area of approximately 28,000 acres located in southern West Virginia, and the Brook Mine property that covers an area of approximately 15,800 acres located in northeastern Wyoming.
The company serves blast furnace steel mills and coke plants in North America, as well as metallurgical coal consumers globally. Founded in 2015, Ramaco Resources is based in Lexington, Kentucky.
Ramaco Resources, Inc. is a company focused on the development, operation, and sale of metallurgical coal, which is a key ingredient used in steelmaking. The company's primary product is metallurgical coal, also known as coking coal, which is essential for blast furnace steel mills and coke plants. Ramaco Resources serves customers in North America, as well as metallurgical coal consumers globally. The company's development portfolio includes several significant properties: the Elk Creek project covering about 20,200 acres in southern West Virginia, the Berwind property spanning roughly 62,500 acres on the border of West Virginia and Virginia, the Knox Creek property of approximately 88,850 acres in Virginia, the Maben property of about 28,000 acres in southern West Virginia, and the Brook Mine property covering around 15,800 acres in northeastern Wyoming. Founded in 2015, the company is headquartered in Lexington, Kentucky.
On which stock exchange is Ramaco Resources (METC) listed and in what currency?
Ramaco Resources, Inc. is listed on the Nasdaq Global Select Market under the ticker symbol METC. The company's shares are traded in United States Dollars (USD), which is the official currency of the United States. As a company based in the U.S., its financial reporting and stock trading are conducted in USD. The NasdaqGS is a major U.S. stock exchange known for listing many technology and growth-oriented companies, though Ramaco Resources operates in the basic materials sector. Investors looking to trade METC shares will do so through this exchange, and any price quotes or financial data will be denominated in U.S. dollars.
What sector and industry does Ramaco Resources (METC) belong to?
Ramaco Resources, Inc. operates in the Basic Materials sector, which encompasses companies involved in the discovery, development, and processing of raw materials. Within this sector, the company specifically belongs to the Coking Coal industry. Coking coal, also known as metallurgical coal, is a type of coal used primarily in the production of steel. Unlike thermal coal used for power generation, coking coal is a key input in blast furnaces to produce coke, which then reacts with iron ore to create steel. This industry is critical to global infrastructure and manufacturing, as steel is a fundamental material for construction, automotive, and many other industries. Ramaco Resources focuses exclusively on this niche, differentiating itself from broader coal companies that may also produce thermal coal.
Where is Ramaco Resources headquartered and what markets does it serve?
Ramaco Resources, Inc. is headquartered in Lexington, Kentucky, United States. The company was founded in 2015 and has since established itself as a player in the metallurgical coal market. Its primary market is North America, where it serves blast furnace steel mills and coke plants. However, the company also supplies metallurgical coal to consumers globally, indicating an international reach. The company's properties are strategically located in the Appalachian region (West Virginia and Virginia) and the Powder River Basin in Wyoming, which are known coal-producing areas. This geographic positioning allows Ramaco to efficiently serve both domestic and export markets. The company's focus on metallurgical coal aligns with the steel industry's demand, particularly in regions with significant steel production.
What are the key properties in Ramaco Resources' development portfolio?
Ramaco Resources has a development portfolio consisting of several coal properties with significant acreage. The Elk Creek project covers approximately 20,200 acres in southern West Virginia. The Berwind property spans about 62,500 acres on the border of West Virginia and Virginia. The Knox Creek property is located in Virginia and covers roughly 88,850 acres. The Maben property encompasses around 28,000 acres in southern West Virginia. Additionally, the Brook Mine property covers approximately 15,800 acres in northeastern Wyoming. These properties are in various stages of development and represent the company's resource base for future metallurgical coal production. The company's business model involves developing and operating these properties to produce and sell metallurgical coal to steelmakers and coke plants. The diverse geographic locations provide operational flexibility and access to different coal seams and markets.