Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 (NASDAQ:METCZ) Short Interest Update

Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 (NASDAQ:METCZ) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,105 shares, a drop of 46.5% from the May 31st total of 2,064 shares. Based on an average trading volume of 4,022 shares, the short-interest ratio is currently 0.3 days.

Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 Trading Up 0.0%

METCZ traded up $0.01 on Thursday, reaching $25.53. The company had a trading volume of 8,847 shares, compared to its average volume of 6,171. The business has a 50 day simple moving average of $25.31 and a 200 day simple moving average of $25.34. Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 has a 52-week low of $24.83 and a 52-week high of $26.00.

Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be given a $0.5234 dividend. The ex-dividend date is Thursday, October 15th. This represents a $2.09 annualized dividend and a yield of 8.2%.

Ramaco Resources, Inc is a U.S.-based coal producer specializing in the extraction and sale of high‐grade metallurgical and steam coal. The company’s core operations are centered in southern West Virginia, where it operates the Elk Creek mining complex and the Alma metallurgical coal complex. These underground mines produce bituminous coal primarily used in steelmaking, as well as thermal coal for power generation. Ramaco also has development projects underway, including the planned Brook Mine and the acquisition of additional reserves aimed at supporting long‐term production growth.

Founded in 2013 by industry veteran Christopher Cline, Ramaco Resources went public in 2018 to fund its expansion into the metallurgical coal market.