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Ramaco Resources Soars 2.39% on Strong Q4 Earnings

Mover TrackerMonday, Mar 24, 2025 9:15 am ET
1min read

On March 24, 2025, Ramaco Resources' stock price surged by 2.39% in pre-market trading, indicating a strong start to the day's trading session.

Ramaco Resources recently reported robust financial performance for the fourth quarter of 2024, with Adjusted EBITDA reaching $29.2 million, marking a 24% increase from the previous quarter. This strong financial performance is likely to have contributed to the recent surge in the company's stock price.

Additionally, the company has received a significant amount of options trading activity, with investors purchasing a large volume of call options. This increased trading activity suggests that investors are optimistic about the company's future prospects and expect its stock price to rise.

Ramaco Resources also anticipates that met coal prices may increase in the second half of 2025 due to supply tightening and increased demand. This potential price increase could further boost the company's financial performance and drive its stock price higher.

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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