Benchmark analyst Nathan Martin raised the firm’s price target on Ramaco Resources to $20 from $15 and keeps a Buy rating on the shares after the company’s board approved a 10% increase in the quarterly Class A dividend and announced initial FY24 guidance.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on METC:
- Ramaco Resources, Inc. Announces Increase to its First-Quarter 2024 Class A Dividend, Initial 2024 Guidance, and Rare Earth Element Update
- Largest borrow rate increases among liquid names
- Ramaco coal mine, bought for $2M, could be worth $37B, WSJ says
- Ramaco Resources jumps 34% to $15.63 after WSJ report on coal mine
- RAMACO RESOURCES REPORTS THIRD QUARTER 2023 RESULTS