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

Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL)’s share price was up 0.2% during mid-day trading on Tuesday after the company announced a dividend. The company traded as high as $25.98 and last traded at $25.86. Approximately 3,276 shares changed hands during trading, an increase of 102% from the average daily volume of 1,619 shares. The stock had previously closed at $25.80.

The newly announced dividend which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.5625 per share. This represents a $2.25 dividend on an annualized basis and a yield of 8.70%. The ex-dividend date is Wednesday, January 15th.

Ramaco Resources, Inc. – 9.00% Stock Up 0.2 %

The firm’s fifty day simple moving average is $25.72 and its 200 day simple moving average is $25.73.

About Ramaco Resources, Inc. – 9.00%

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.