Ramaco Resources (NASDAQ:METCB - Get Free Report) issued its earnings results on Monday. The company reported ($0.20) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $134.66 million for the quarter.
Ramaco Resources Stock Up 2.6%
NASDAQ:METCB traded up $0.21 on Friday, reaching $8.30. The stock had a trading volume of 41,465 shares, compared to its average volume of 34,441. The company has a market capitalization of $448.20 million, a P/E ratio of -92.22 and a beta of 1.03. Ramaco Resources has a 1-year low of $6.01 and a 1-year high of $11.60. The stock has a fifty day moving average price of $7.95 and a 200-day moving average price of $9.08.
Ramaco Resources Announces Dividend
The firm also recently announced a dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be given a dividend of $0.1811 per share. The ex-dividend date of this dividend is Friday, May 30th. Ramaco Resources's dividend payout ratio (DPR) is currently -800.00%.
About Ramaco Resources
(
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.
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