Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Trading Up 0.9% – Still a Buy?

Shares of Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) rose 0.9% during mid-day trading on Monday . The company traded as high as $25.88 and last traded at $25.76. Approximately 439 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 3,282 shares. The stock had previously closed at $25.54.

Ramaco Resources, Inc. – 9.00% Price Performance

The business has a 50-day simple moving average of $25.82 and a 200-day simple moving average of $25.64.

Ramaco Resources, Inc. – 9.00% Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be paid a $0.5625 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $2.25 dividend on an annualized basis and a yield of 8.73%.

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.