Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Trading Up 0.2% After Dividend Announcement

Shares of Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) rose 0.2% during mid-day trading on Wednesday following a dividend announcement from the company. The stock traded as high as $25.61 and last traded at $25.54. Approximately 2,306 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 2,603 shares. The stock had previously closed at $25.50.

The newly announced dividend which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be issued a $0.5625 dividend. This represents a $2.25 annualized dividend and a yield of 8.81%. The ex-dividend date is Tuesday, July 15th.

Ramaco Resources, Inc. – 9.00% Stock Performance

The business has a fifty day simple moving average of $25.62 and a two-hundred day simple moving average of $25.61.

Ramaco Resources, Inc. – 9.00% Company Profile

ramaco resources, inc. produces and sells metallurgical coal the company’s development portfolio includes the elk creek project consisting of approximately 20,552 acres of controlled mineral and 24 seams located in southern west virginia; the berwind coal property comprising approximately 31,200 acres of controlled mineral and an area of squire jim seam coal deposits, which is situated on the border of west virginia and virginia; the knox creek property consisting of approximately 61,343 acres of controlled mineral that is located in virginia; and the ram mine property comprising approximately 1,567 acres of controlled mineral, which is situated in southwestern pennsylvania.