Ramaco Resources, Inc. (NASDAQ:METCB) Declares Quarterly Dividend of $0.22

Ramaco Resources, Inc. (NASDAQ:METCB) declared a quarterly dividend on Monday, August 12th, Wall Street Journal reports. Stockholders of record on Friday, August 30th will be given a dividend of 0.2246 per share on Friday, September 13th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.48%. The ex-dividend date of this dividend is Friday, August 30th.

Ramaco Resources Trading Down 2.9 %

Ramaco Resources stock traded down $0.32 during mid-day trading on Monday, reaching $10.59. The company had a trading volume of 8,253 shares, compared to its average volume of 26,939. The stock’s 50-day simple moving average is $10.96 and its 200-day simple moving average is $11.53. Ramaco Resources has a 1 year low of $9.68 and a 1 year high of $17.90.

Ramaco Resources (NASDAQ:METCB) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.08 earnings per share for the quarter. The firm had revenue of $155.32 million during the quarter.

Ramaco Resources Company Profile

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.