Overview

* Ramaco Q2 2025 net loss of $14 mln, diluted EPS $(0.29)

* Company reports record quarterly production of 1 mln tons

* Ramaco transitions to dual-platform with rare earths development

Outlook

* Company expects full-year 2025 production at low end of 3.9-4.3 mln tons

* Company anticipates full-year 2025 sales at low end of 4.1-4.5 mln tons

* Company increases 2025 SG&A guidance to $39-43 mln

Result Drivers

* PRODUCTION RECORD - Ramaco achieved a quarterly production record of 1 mln tons, driven by strong operational execution

* COST MANAGEMENT - Cash costs per ton decreased by $5 compared to Q2 2024, maintaining a first quartile position in the U.S. cost curve

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $153 mln

Revenue

Q2 EPS -$0.29

Q2 Net -$14 mln

Income

Q2 $9 mln

Adjusted

EBITDA

Q2 Capex $15.10

mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the iron & steel peer group is "buy"

* Wall Street's median 12-month price target for Ramaco Resources Inc ( METCB ) is $14.00, about 41.6% below its July 30 closing price of $19.83

* The stock recently traded at 57 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)