Earnings ·
Ramaco Resources reports Q3 net loss of $18.2M and declares $0.0742 quarterly dividend
METCRamaco Resources, Inc.
Ramaco Resources reported a third-quarter net loss of $18.2 million, or $(0.32) per Class A diluted share, driven by higher cash costs of $104 per ton amid rising diesel prices. Adjusted EBITDA fell to $3.0 million from $5.7 million in the prior-year quarter. The company also announced a quarterly cash dividend of $0.0742 per Class B common share, payable December 18, 2026, to record holders on December 4, 2026. Additionally, Ramaco secured a favorable $30 million jury verdict against Chubb Insurance regarding a 2018 coal storage silo failure and raised its full-year 2026 cash cost guidance to $101-$103 per ton. The company operates high-quality metallurgical coal mines in Central Appalachia and is developing critical mineral projects in Wyoming.