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 shares were sold at an average price of $16.22, for a total value of $4,044,797.62. Following the transaction, the director now owns 720,796 shares in the company, valued at approximately $11,691,311.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Ramaco Resources Trading Down 1.1 %
NASDAQ:METCB traded down $0.16 during midday trading on Monday, reaching $13.92. The stock had a trading volume of 64,370 shares, compared to its average volume of 67,537. Ramaco Resources, Inc. has a 1-year low of $8.50 and a 1-year high of $19.80. The business has a fifty day moving average price of $12.31.
Ramaco Resources Dividend Announcement
The firm 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. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 7.15%.
Institutional Trading of 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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