
Ramaco Resources Inc reports results for the quarter ended September 30 - Earnings Summary

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Ramaco Resources Inc reported a quarterly adjusted loss of 25 cents per share for the quarter ended September 30, compared to a loss of 3 cents in the same quarter last year. Revenue fell 27.7% to $121 million, below analysts' expectations of $147.33 million. The company's shares dropped 14.9% this quarter but gained 46.9% year-to-date. Analysts maintain a "buy" rating, with a median 12-month price target of $50, representing a 71.3% upside from the last closing price of $14.34.

