Ramaco Resources (NASDAQ:METCB) Shares Gap Down – Here’s Why

Ramaco Resources, Inc. (NASDAQ:METCB – Get Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $9.76, but opened at $9.56. Ramaco Resources shares last traded at $9.52, with a volume of 2,231 shares traded. Ramaco Resources Price Performance The firm’s 50-day moving average is $10.24 and [...]

featured-image

Ramaco Resources, Inc. ( NASDAQ:METCB – Get Free Report )’s stock price gapped down prior to trading on Friday . The stock had previously closed at $9.

76, but opened at $9.56. Ramaco Resources shares last traded at $9.



52, with a volume of 2,231 shares traded. Ramaco Resources Price Performance The firm’s 50-day moving average is $10.24 and its 200-day moving average is $10.

59. Ramaco Resources Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were issued a $0.

2364 dividend. This is a boost from Ramaco Resources’s previous quarterly dividend of $0.22.

This represents a $0.95 dividend on an annualized basis and a dividend yield of 9.77%.

The ex-dividend date was Monday, December 2nd. Institutional Inflows and Outflows Ramaco Resources Company Profile ( Get Free Report ) 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.

Recommended Stories Receive News & Ratings for Ramaco Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ramaco Resources and related companies with MarketBeat.com's FREE daily email newsletter ..