Ramaco Announces 3% Increase in Quarterly Dividend to $0.1133/Share

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Ramaco Resources Stock Fair Value – RAMACO ($NASDAQ:METC): This quarterly dividend represents a 3% increase from the prior dividend of $0.1100 per share.

Dividends

RAMACO RESOURCES is pleased to announce a 3% increase in its quarterly dividend to $0.1133 per share. RAMACO RESOURCES has a long history of paying dividends and is committed to returning value to shareholders. RAMACO RESOURCES is a coal and metallurgical coal producer with operations in the United States. The company’s shares are traded on the Nasdaq Global Market under the ticker symbol “METC”.

Market Price

On Wednesday, RAMACO RESOURCES stock opened at $9.0 and closed at $9.5, up by 5.0% from last closing price of 9.0. RAMACO RESOURCES is a coal mining and development company with operations in the United States. The company’s stock has been on the rise in recent months as the coal industry has begun to rebound from a prolonged downturn. RAMACO RESOURCES is well-positioned to benefit from the industry’s recovery, and investors have been bidding up the stock in anticipation of strong future growth.

VI Analysis – Ramaco Resources Stock Fair Value

Ramaco Resources is a coal mining and development company with operations in the United States. The company’s fundamentals reflect its long-term potential, and its shares are currently undervalued by 15%. The intrinsic value of Ramaco Resources shares is around $11.2, as calculated by VI Line.

Summary

This is great news for shareholders of Ramaco Resources as the company continues to generate strong cash flow and profitability, even in these challenging times. The dividend increase is a testament to the company’s financial strength and its commitment to returning value to shareholders. With the stock price moving up on the news, now is a good time to consider investing in Ramaco Resources. The company is a leading producer of metallurgical coal, which is used in the steel-making process, and is well-positioned to benefit from the strong demand for steel in the coming years.

Ramaco also has a diversified portfolio of other coal assets, which gives it exposure to different markets and helps to insulate it from any one particular market. Investors looking for a well-run company with a solid dividend yield and exposure to the steel industry should consider Ramaco Resources.