Ramaco Resources, Inc. (METC) Misses Q1 EPS by 4c
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Ramaco Resources, Inc. Announces First Quarter 2017 Results
May 10, 2017 4:01 PM EDTLEXINGTON, Ky, May 10, 2017 (GLOBE NEWSWIRE) -- Ramaco Resources, Inc. (NASDAQ: METC) (Ramaco Resources) today announced its results for the quarter ended March 31, 2017 reflecting its first quarter of production and coal sales as well as the continued development of its metallurgical coal properties.
Ramaco Resources reported a net loss of $3.1 million, or $0.10 per share for the quarter ending March 31, 2017 compared with a net loss of $3.8 million, or $0.17 per share, for the quarter ending March 31, 2016. Excluding a one-time charge of $2.1 million, adjusted net loss per share for the quarter ending March 31, 2017 was $0.03 per share,... More
