Ramaco Resources, Inc. (METC) Tops Q4 EPS by 1c
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Ramaco Resources, Inc. Reports Fourth Quarter and Full Year 2021 Financial Results
February 24, 2022 7:00 AM ESTLEXINGTON, Ky., Feb. 24, 2022 /PRNewswire/ --
Quarterly net income was $18.6 million (EPS of $0.42) and Adjusted EBITDA was $31.6 million for the fourth quarter of 2021. Quarterly net income and Adjusted EBITDA were 76% and 66% higher than our previous respective quarterly records. Net income was $39.8 million (EPS of $0.90) and Adjusted EBITDA was $79.0 million for the full-year 2021. Net income and Adjusted EBITDA were 59% and 43% higher than our previous respective annual records. As of December 31, 2021, the Company has booked 1.7 million tons of metallurgical coal for 2022 domestic delivery at $196 per short ton FOB mine, excluding carryover tons... More