Ramaco Resources Q1 net loss $9.5M; lowers 2025 production & sales guidance; REE estimate raised to 1.7M TREO

Ramaco Resources, Inc.

Q1 2025 net loss $(9.5)M, diluted EPS $(0.19); Adjusted EBITDA $9.8M.
Revenue $134.7M (-22% YoY); cash cost $98/ton (-$20 YoY); realized price $122/ton.
Production guided down to 3.9-4.3M tons (from 4.2-4.6M); sales cut to 4.1-4.5M tons.
Quarterly dividend of $0.1811/Class B share declared, payable June 13, 2025.
Brook Mine TREO estimate raised to 1.7M tons; Michael Woloschuk hired to lead critical minerals; Joe Manchin joins board.

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