Ramaco Resources, Inc. (METC) Focused on Enhancing Coal Production & Lower Cash Costs

Ramaco Resources, Inc. (NASDAQ:METC) is one of the best coal mining stocks to buy right now.

On February 25, CEO Randall W. Atkins reaffirmed that Ramaco Resources, Inc. (NASDAQ:METC) is on track to increase coal production for the sixth consecutive year, while also aiming to reduce cash costs per ton sold for the third straight year.

Ramaco Resources, Inc. (NASDAQ:METC) expects annual sales of coal volume of between 4.1 million and 4.5 million tons, likely to increase to almost 5 million tons, depending on market conditions. It also expects annual met coal production volume of between 3.7 million and 4.1 million tons.

Ramaco is projecting cash cost of sales of between $95 and $100 per ton, which should lead to a third annual decrease in cash cost of sales. It already has a coal sales commitment of 3.1 million tons for 2026, translating to about 80% of the midpoint guidance. The commitments include 1.1 million tons to North American customers at an average price of $142 per ton, with 2 million tons committed to seaborne customers.

Ramaco Resources generated a net loss of $14.7 million and a diluted earnings per share of $0.26. It also posted an adjusted EBITDA of $8.9 million. Full-year net loss totaled $51.4 million or diluted EPS of $0.99.

Ramaco Resources, Inc. (NASDAQ:METC) is a developer of high-quality, metallurgical (coking) coal used for steelmaking, with major mining complexes in West Virginia, Virginia, and Kentucky. The company also operates the Brook Mine in Wyoming, which is being developed as a significant domestic source of rare earth elements (REEs) and critical minerals.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 12 Best Gold Stocks to Buy According to Analysts.

Disclosure: None. Follow Insider Monkey on Google News.