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0 -0.00357462019660419 -0.000893655049151167 -0.00357462019660419 -0.00983020554066141 -0.0670241286863271 -0.0804289544235925 -0.114387846291332
Stock impact report

Ramaco Resources sees Q4 earnings below consensus; board OKs dividend hike [Seeking Alpha]

Ramaco Resources, Inc. (METC) 
Last ramaco resources, inc. earnings: 2/20 04:59 pm Check Earnings Report
Company Research Source: Seeking Alpha
Ramaco Resources sees Q4 earnings below consensus; board OKs dividend hikeDec. 08, 2022 9:58 AM ETRamaco Resources, Inc. (METC)By:Carl SurranSA News Editorkeni1/iStock via Getty ImagesRamaco Resources (NASDAQ:+1.8%issuing guidance for Q4 earningsraising its quarterly cash dividend by 10%Ramaco () expects Q4 adjusted EBITDA of $40M-$50M, including ~$6M in costs related to idling the Berwind mine; adjusted EBITDA was $51M in Q3 and $32M in the year-ago quarter.The company forecasts FY 2023 production of 3M-3.5M tons, and expects to ship near current levels in Q1 with a material increase by mid-year when the Elk Creek preparation plant processing capacity expansion becomes fully operational; the expansion will raise the complex to a 3M tons/year run rate from 2M tons/year currently.analysis published on Seeking Alpha Show less Read more
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