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Ramaco Resources reports net loss of $3.5M in Q2

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.