For Q1 FY2026 ended March 31, 2026, Ramaco Resources reported revenue of $121.6 million, down 9.7% year-over-year. Net income was a loss of $18.3 million, a significant decline from the prior year. Operating income also turned negative at $24.3 million. The company had cash of $355.2 million and equity of $437.0 million, with long-term debt of $467.6 million.
•Revenue decreased 9.7% YoY to $121.6 million.
•Net loss of $18.3 million vs. prior year profit.
•Operating loss of $24.3 million.
•Cash and equivalents stood at $355.2 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, which is sold to blast furnace steel mills and coke plants in North America, as well as to metallurgical coal consumers globally. Ramaco Resources manages a portfolio of coal properties, including the Elk Creek project in southern West Virginia, the Berwind property on the border of West Virginia and Virginia, the Knox Creek property in Virginia, the Maben property in southern West Virginia, and the Brook Mine property in northeastern Wyoming. These properties cover tens of thousands of acres and are at various stages of development.
Where is Ramaco Resources (METCB) listed and what currency does it trade in?
Ramaco Resources, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol METCB. The company trades in United States Dollars (USD), which is the official currency of the United States. As a US-based company listed on a major US exchange, its stock is traded in USD, making it accessible to investors who trade on US markets. The NasdaqGS is a tier of the Nasdaq stock exchange that includes companies meeting high financial and liquidity standards.
What sector and industry does Ramaco Resources (METCB) operate in?
Ramaco Resources operates in the Basic Materials sector, specifically within the Coking Coal industry. Basic Materials companies are involved in the discovery, development, and processing of raw materials, while Coking Coal, also known as metallurgical coal, is a type of coal used primarily in steel production. Unlike thermal coal used for energy generation, coking coal is essential for producing coke, which acts as both a fuel and a reducing agent in blast furnaces. This industry is critical for steel manufacturing and is closely tied to global industrial activity.
Where is Ramaco Resources headquartered and what markets does it serve?
Ramaco Resources is headquartered in Lexington, Kentucky, United States. The company serves blast furnace steel mills and coke plants in North America, as well as metallurgical coal consumers globally. Its operations are primarily focused on the Appalachian region, with properties in West Virginia, Virginia, and Wyoming. The company's coal is used by steelmakers in North America and exported to international markets. Founded in 2015, Ramaco Resources has built a portfolio of coal assets that support its role as a supplier to the steel industry.
What is the business model of Ramaco Resources (METCB) and what are its key properties?
Ramaco Resources generates revenue through the development, operation, and sale of metallurgical coal. The company's business model involves acquiring and developing coal properties, extracting coal, and selling it to steel mills and coke plants. Key properties in its portfolio include the Elk Creek project (approximately 20,200 acres in southern West Virginia), the Berwind property (about 62,500 acres on the West Virginia-Virginia border), the Knox Creek property (roughly 88,850 acres in Virginia), the Maben property (around 28,000 acres in southern West Virginia), and the Brook Mine property (approximately 15,800 acres in northeastern Wyoming). These properties are at various stages of development and production, providing a diversified asset base.