Ramaco Resources, Inc. (METC) Misses Q1 EPS by 4c

Ramaco Resources, Inc. (NASDAQ: METC) reported Q1 EPS of ($0.03), $0.04 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $11.54 million versus the consensus estimate of $11.13 million.

“We produced and sold our first coal from our Alma mine at the Elk Creek mine complex this quarter and remain excited about the future prospects at Elk Creek,” said Michael Bauersachs, President and Chief Executive Officer of Ramaco Resources. “Construction of our Elk Creek preparation plant remains on schedule for completion in mid-summer. The activation of this infrastructure will open up significant opportunities for us moving forward,” Bauersachs concluded.

For earnings history and earnings-related data on Ramaco Resources, Inc. (METC) click here.

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