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

Shares of Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) shot up 0.2% during trading on Tuesday following a dividend announcement from the company. The company traded as high as $25.98 and last traded at $25.86. 3,276 shares changed hands during mid-day trading, an increase of 102% from the average session 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. Investors of record on Wednesday, January 15th will be paid a dividend of $0.5625 per share. The ex-dividend date is Wednesday, January 15th. This represents a $2.25 annualized dividend and a dividend yield of 8.70%.

Ramaco Resources, Inc. – 9.00% Stock Performance

The business has a 50-day moving average price of $25.72 and a 200-day moving average price of $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.