Ramaco Resources, Inc. (NASDAQ:METCB – Get Free Report) Director Peter A. Leidel sold 28,172 shares of the firm’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $16.46, for a total transaction of $463,711.12. Following the completion of the sale, the director now owns 729,746 shares of the company’s stock, valued at $12,011,619.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Ramaco Resources Price Performance
METCB traded down $0.16 on Monday, hitting $13.92. The company had a trading volume of 64,370 shares, compared to its average volume of 67,537. Ramaco Resources, Inc. has a 52-week low of $8.50 and a 52-week high of $19.80. The business has a fifty day simple moving average of $12.31.
Ramaco Resources Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a dividend of $0.2487 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.99 dividend on an annualized basis and a yield of 7.15%.
Institutional Inflows and Outflows
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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