Ramaco Resources, Inc. (NASDAQ:METCB – Get Free Report) Director Peter A. Leidel sold 249,371 shares of Ramaco Resources stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $16.22, for a total transaction of $4,044,797.62. Following the completion of the sale, the director now directly owns 720,796 shares in the company, valued at approximately $11,691,311.12. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Ramaco Resources Trading Down 1.1 %
NASDAQ:METCB opened at $13.92 on Tuesday. The business has a 50 day moving average of $12.31. Ramaco Resources, Inc. has a 12 month low of $8.50 and a 12 month high of $19.80.
Ramaco Resources Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued 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 Investors Weigh In On 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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