StockNews.com began coverage on shares of Natural Resource Partners (NYSE:NRP – Get Rating) in a research note issued to investors on Thursday. The brokerage issued a buy rating on the energy company’s stock.
Natural Resource Partners Trading Down 2.6 %
NRP opened at $51.25 on Thursday. Natural Resource Partners has a 52 week low of $36.21 and a 52 week high of $65.72. The business has a fifty day simple moving average of $54.15 and a 200-day simple moving average of $47.71. The firm has a market cap of $647.80 million, a P/E ratio of 3.87 and a beta of 0.29. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.27.
Natural Resource Partners Announces Dividend
The company also recently declared a None dividend, which will be paid on Tuesday, March 21st. Stockholders of record on Tuesday, March 14th will be given a dividend of $2.43 per share. The ex-dividend date is Monday, March 13th. Natural Resource Partners’s dividend payout ratio is currently 22.66%.
Institutional Inflows and Outflows
About Natural Resource Partners
Natural Resource Partners LP engages in the business of owning, managing, and leasing a diversified portfolio of mineral properties. It operates through the Coal Royalty and Other, and Soda Ash segments. The Coal Royalty and Other segment consists of coal royalty properties and coal-related transportation and processing assets.
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