Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Trading Up 0.2% After Dividend Announcement

Shares of Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) shot up 0.2% on Monday following a dividend announcement from the company. The company traded as high as $25.53 and last traded at $25.53. 1,628 shares traded hands during trading, a decline of 44% from the average session volume of 2,919 shares. The stock had previously closed at $25.49.

The newly announced dividend which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were paid a $0.5625 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $2.25 dividend on an annualized basis and a yield of 8.81%.

Ramaco Resources, Inc. – 9.00% Trading Up 0.2 %

The company’s 50-day moving average price is $25.57 and its 200-day moving average price is $25.70.

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.