Ramaco Resources Inc. reported a net loss of $3.5 million in the second quarter.
The company's net loss per share was 9 cents during the quarter, missing the S&P Capital IQ consensus normalized EPS estimate of 3 cents.
In the prior-year period, the company posted a net loss of $612,799, or 3 cents per share.
Ramaco reported that revenue totaled $11.1 million during the period.
Through the first six months of the year, the company reported a net loss of $6.6 million. On a per-share basis, the company posted a net loss of 18 cents.
Year-to-date revenue totaled $22.6 million.