Stanmore Coal (ASX:SMR) Shares Up 2.4%

Shares of Stanmore Coal Limited (ASX:SMR) shot up 2.4% during trading on Monday . The company traded as high as A$1.31 ($0.93) and last traded at A$1.29 ($0.91), 102,977 shares traded hands during mid-day trading. The stock had previously closed at A$1.26 ($0.89).

The business’s 50 day moving average is A$1.41 and its 200 day moving average is A$1.35. The company has a market capitalization of $330.41 million and a price-to-earnings ratio of 3.62. The company has a debt-to-equity ratio of 25.03, a quick ratio of 1.24 and a current ratio of 1.62.

The business also recently announced a Final dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 31st will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, September 30th. This is a boost from Stanmore Coal’s previous Final dividend of $0.02. This represents a yield of 5.56%. Stanmore Coal’s dividend payout ratio (DPR) is 44.94%.

Stanmore Coal Company Profile (ASX:SMR)

Stanmore Coal Limited explores, produces, and sells metallurgical and thermal coal in Australia. It holds interest in the Isaac Plains, Isaac Downs, Belview, The Range, Lilyvale, Mackenzie, Tennyson, and Clifford projects in the Bowen and Surat basins of Queensland. The company also exports its products.

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