secwatch.observer — SEC 8-K summary
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Issuer:     Ramaco Resources, Inc. (METC)
CIK:        0001687187
Form:       8-K
Filed at:   2025-10-27T23:59:59+00:00
Accession:  0001213900-25-102593
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ramaco Resources Q3 net loss $13.3M, trims 2025 guidance; advances rare earth projects
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- Net loss of $13.3M, Class A diluted EPS -$0.25; adjusted EBITDA $8.4M.
- Record liquidity $272.4M; net cash >$77M after $200M equity raise and debt refinancing.
- 2025 production guidance cut to 3.7-3.9M tons (from 3.9M), sales to 3.8-4.1M tons (from 4.1M).
- Board approved strategic critical mineral terminal; upsized Brook Mine to 5M tons ore, targeting 3,400 tons/year oxides (up 175%).
- Cash costs fell to $97/ton, down $6 sequentially; cash margins improved 15% despite weak pricing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/0001213900-25-102593-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687187/000121390025102593/ea0261351-8k_ramaco.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-102593

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer