Ramaco Resources, Inc. Reports First Quarter 2020 Financial Results

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Ramaco Resources, Inc. (METC) Reports In-Line Q1 EPS

May 12, 2020 4:19 PM EDT

Ramaco Resources, Inc. (NASDAQ: METC) reported Q1 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $41.9 million versus the consensus estimate of $42.01 million.

Outlook and Comment

Randall Atkins, Ramaco Resources' Executive Chairman remarked, "When we look back at the first quarter, we began a period of both extraordinary market and societal upheaval, which we are continuing to live through. I believe we have been able to position the Company both defensively to ride out the storm, yet opportunistically to capitalize on increasing future production... More