Ramaco Resources, Inc. (NASDAQ:METCB – Get Free Report) Director Peter A. Leidel sold 249,371 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $16.22, for a total value of $4,044,797.62. Following the sale, the director now directly owns 720,796 shares in the company, valued at approximately $11,691,311.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Ramaco Resources Stock Performance
Shares of METCB stock opened at $13.92 on Tuesday. The firm has a fifty day simple moving average of $12.31. Ramaco Resources, Inc. has a fifty-two week low of $8.50 and a fifty-two week high of $19.80.
Ramaco Resources Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a $0.2487 dividend. This represents a $0.99 dividend on an annualized basis and a dividend yield of 7.15%. The ex-dividend date is Thursday, November 30th.
Institutional Investors Weigh In On Ramaco Resources
Ramaco Resources Company Profile
Ramaco Resources, Inc operates, develops, and sells metallurgical coal. Its development portfolio includes the Elk Creek project located in southern West Virginia; the Berwind property situated on the border of West Virginia and Virginia; the Knox Creek property is located in Virginia; and the RAM Mine property situated in southwestern Pennsylvania.
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