Ramaco Resources, Inc. (NASDAQ:METCB – Get Free Report)’s share price reached a new 52-week low during trading on Saturday . The company traded as low as $9.39 and last traded at $9.39, with a volume of 197889 shares traded. The stock had previously closed at $10.14.
Ramaco Resources Stock Performance
The business has a fifty day moving average of $10.41 and a two-hundred day moving average of $10.67.
Ramaco Resources Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were given a dividend of $0.2364 per share. The ex-dividend date of this dividend was Monday, December 2nd. This is an increase from Ramaco Resources’s previous quarterly dividend of $0.22. This represents a $0.95 annualized dividend and a yield of 10.07%.
Institutional Inflows and Outflows
About Ramaco Resources
Ramaco Resources, Inc engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 64,050 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres situated in southwestern Pennsylvania southern West Virginia; and the Brook Mine property that covers an area of approximately 16,000 acres located in northeastern Wyoming.
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