Ramaco Resources, Inc. (NASDAQ:METCB – Get Free Report) Director Peter A. Leidel sold 249,371 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $16.22, for a total value of $4,044,797.62. Following the completion of the sale, the director now owns 720,796 shares of the company’s stock, valued at approximately $11,691,311.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Ramaco Resources Stock Performance
Shares of NASDAQ:METCB opened at $13.92 on Tuesday. The firm’s fifty day simple moving average is $12.31. Ramaco Resources, Inc. has a 1 year low of $8.50 and a 1 year high of $19.80.
Ramaco Resources Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be paid a $0.2487 dividend. This represents a $0.99 annualized dividend and a dividend yield of 7.15%. The ex-dividend date is Thursday, November 30th.
Institutional Investors Weigh In On Ramaco Resources
About Ramaco Resources
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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