Ramaco Resources reports Q1 EPS (19c) vs. 0c last year

Reports Q1 revenue $134.7M vs. $172.7M last year. Randall Atkins, Ramaco Resources (METC)’ Chairman and CEO, commented, “At this juncture in 2025 we are enduring the challenging market conditions in our core metallurgical coal business yet experiencing some very exciting developments in our emerging rare earth and critical mineral business. With regard to our met coal business, on a macro level the first quarter saw a continued decline in both U.S. and Australian metallurgical coal prices. This mirrors the on-going Chinese domestic overproduction of steel combined with its below market sale into both the developed and developing world. In turn, this has muted both worldwide steel production and pricing for metallurgical coal. Given market conditions this was a quarter where unfortunately no public company’s met coal operations across the industry enjoyed strong results. Despite this, Ramaco’s first quarter results continued to show a trajectory of operational strength and sales excellence.”