Ramaco Resources Says Company Unaffected By Baltimore Bridge Collapse
Portfolio Pulse from Benzinga Newsdesk
Ramaco Resources, Inc. (METC) announced that the company is unaffected by the recent catastrophic bridge collapse in Baltimore. The company's export throughput and shipments occur at other non-affected US East Coast ports. Ramaco expressed sympathies for those impacted by the accident.
March 26, 2024 | 4:55 pm
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Ramaco Resources, Inc. (METC) is unaffected by the Baltimore bridge collapse, with operations continuing as usual at other US East Coast ports.
The news directly involves Ramaco Resources and positively clarifies that the company's operations are not impacted by the bridge collapse. This could reassure investors and potentially have a positive short-term impact on the stock price, as it removes uncertainty regarding the company's export capabilities.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90