Ramaco Resources, Inc. (METC) Reports In-Line Q1 EPS
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Ramaco Resources, Inc. Reports First Quarter 2020 Financial Results
May 12, 2020 4:05 PM EDTLEXINGTON, Ky., May 12, 2020 /PRNewswire/ --Â Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco Resources" or the "Company") today reported quarterly net income of $2.0 million, or $0.05 per diluted share for the three months ended March 31, 2020, as compared to $6.9 million or $0.17 per diluted share for the three months ended March 31, 2019. The Company's adjusted earnings before interest, taxes, depreciation, amortization and equity-based compensation expenses ("Adjusted EBITDA") was $8.4 million for the three months ended March 31, 2020, as compared with $13.7 million for the three months ended March 31, 2019. For reference, the average sales price of coal that Ramaco... More
