secwatch.observer — SEC 8-K summary
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Issuer:     Ramaco Resources, Inc. (METC)
CIK:        0001687187
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001558370-24-002741
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ramaco Q4 Adj EBITDA $58.5M, net income $30.0M; debt cut; 2024 guidance raised
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- Q4 revenue $202.7M (+8% QoQ); full-year revenue $693.5M (+23% YoY).
- Q4 cash costs $107/ton, cash margins $66/ton; shipped 988K tons at 4M-ton run rate.
- Term debt reduced to $48M; liquidity hit record $91M vs $49M year-end 2022.
- 2024 sales guidance 4.2-4.6M tons; 3.9M tons already committed (2.4M export index-linked).
- Revolver expanded to $200M (accordion to $275M); rare earth update expected March 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687187/000155837024002741/0001558370-24-002741-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687187/000155837024002741/metc-20240307x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-002741

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