Ramaco Resources: Hits record low after Q2 profit misses estimates
14/08/2019 16:30
** Shares of the coal producer METC.O fall as much as
~13.5% to a record low of $3.25
** Reports Q2 EPS of 26 cents, which misses average analyst
estimate of 31 cents, as per Refinitiv IBES urn:newsml:reuters.com:*:nPn3NZ8Yga
** METC's revenue rises 1% to $65.8 mln
** 6 of 7 brokerages rate the stock "buy", 1 "hold"; their
median PT is $9
** Including session's losses, stock has fallen 34.2% YTD
(Reporting by Arunima Kumar in Bengaluru)
((arunima.kumar@thomsonreuters.com))