On September 4, 2026, Ramaco Resources, Inc. (NASDAQ: METC) issued a press release to address the trading activity of its Class A common stock on September 3, 2026. The company stated that it was informed by Yorktown Energy Partners, a larger institutional shareholder, that the firm would distribute approximately one million shares of Ramaco Class A common stock to its limited partners on September 2, 2026.
According to the filing, Ramaco believes this distribution contributed to the negative trading activity observed in its Class A common stock on September 3, 2026. The company noted that the distribution of the shares was the primary factor behind the stock's performance on that date.
Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal located in southern West Virginia and southwestern Virginia. The company also operates a coal mine and rare earth element exploration stage property near Sheridan, Wyoming, known as the Brook Mine. The company holds a portfolio of more than 70 intellectual property patents related to carbon research and advanced materials.
