Ramaco Resources, Inc. Reports First Quarter 2021 Financial Results

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Ramaco Resources, Inc. (METC) Tops Q1 EPS by 10c, Revenues Miss

May 12, 2021 4:22 PM EDT

Ramaco Resources, Inc. (NASDAQ: METC) reported Q1 EPS of $0.10, $0.10 better than the analyst estimate of $0.00. Revenue for the quarter came in at $43.46 million versus the consensus estimate of $46.36 million.

Outlook and Comment

Randall Atkins, Ramaco Resources' Chairman and Chief Executive Officer remarked, "We just had an exceptional quarter with our operating team hitting on all cylinders. They did an outstanding job of safely producing a record 577,000 tons in the first quarter of 2021, which was well above our internal projections. This led to record low Company-wide cash costs, which were sub $60 per... More