Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Shares Up 0.1% Following Dividend Announcement

Shares of Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) rose 0.1% during mid-day trading on Monday after the company announced a dividend. The stock traded as high as $25.66 and last traded at $25.69. Approximately 642 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 3,012 shares. The stock had previously closed at $25.66.

The newly announced dividend which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a dividend of $0.5625 per share. This represents a $2.25 annualized dividend and a dividend yield of 8.76%. The ex-dividend date was Wednesday, January 15th.

Ramaco Resources, Inc. – 9.00% Stock Up 0.1 %

The firm has a 50 day moving average of $25.68 and a two-hundred day moving average of $25.76.

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.