Ramaco Resources Q2 net loss $15.4M; lowers FY2026 guidance; Brook Mine NPV $8B

Ramaco Resources, Inc.

Q2 net loss $15.4M, diluted EPS Class A $(0.26); Adjusted EBITDA $5.7M.
Repurchased 3.5M Class A shares in Q2 at avg $14.41; YTD 4.6M shares (~8%) for ~$66M.
Brook Mine conceptual study shows potential NPV $8B, avg annual EBITDA $1.3B; capital $3.2B+$0.8B contingency; initial production 2031.
FY2026 production guidance lowered to 3.6-3.9M tons (from 3.7-4.1M); sales to 4.0-4.3M tons; capex raised to $92-97M.
Declared stock dividend of $0.1535 per Class B share payable in Class B stock on Sept 25, 2026.

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