Ramaco Resources, Inc. (METCB) To Go Ex-Dividend on December 4th

Ramaco Resources, Inc. (NASDAQ:METCB) declared a quarterly dividend on Tuesday, November 3rd. Stockholders of record on Friday, December 4th will be given a dividend of $0.0742 per share on Friday, December 18th. This represents a $0.30 annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Friday, December 4th.

Ramaco Resources Price Performance

NASDAQ:METCB opened at $3.92 on Thursday. The stock has a 50-day simple moving average of $4.98 and a 200 day simple moving average of $8.66. The company has a current ratio of 4.23, a quick ratio of 3.31 and a debt-to-equity ratio of 1.23. Ramaco Resources has a one year low of $3.57 and a one year high of $17.22.

Ramaco Resources (NASDAQ:METCB) last issued its quarterly earnings results on Tuesday, November 3rd. The company reported ($0.32) EPS for the quarter. The firm had revenue of $150.09 million during the quarter. Ramaco Resources had a negative net margin of 12.24% and a negative return on equity of 15.43%.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of Ramaco Resources from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, October 26th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Ramaco Resources presently has a consensus rating of “Sell”.

About Ramaco Resources

Ramaco Resources, Inc is a coal company that develops, operates and sells metallurgical coal, a key raw material used in steelmaking. The company produces several grades of metallurgical coal for domestic and international steel and coke markets, with its activities focused primarily on mining, processing and marketing coal.

Ramaco Resources operates in the Central Appalachian region, including assets in southern West Virginia and southwestern Virginia. Its portfolio has included the Elk Creek complex and other development and production properties in the region.