Natural Resource Partners LP (NYSE:NRP) was down 3.8% during trading on Wednesday . The company traded as low as $19.58 and last traded at $20.05, with a volume of 57,489 shares changing hands. The stock had previously closed at $20.85.

Separately, Zacks Investment Research downgraded Natural Resource Partners from a “hold” rating to a “strong sell” rating in a research report on Monday, July 11th.

The stock’s 50 day moving average price is $20.96 and its 200-day moving average price is $13.63.

Natural Resource Partners (NYSE:NRP) last posted its quarterly earnings data on Thursday, August 4th. The company reported $3.72 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $3.53. The firm had revenue of $70.15 million for the quarter, compared to analyst estimates of $88.10 million. During the same quarter last year, the company earned $0.28 earnings per share. The company’s quarterly revenue was down 4.4% compared to the same quarter last year. On average, equities research analysts predict that Natural Resource Partners LP will post $6.52 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, August 12th. Shareholders of record on Friday, August 5th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 8.93%. The ex-dividend date of this dividend was Wednesday, August 3rd.

Natural Resource Partners L.P. owns, operates, manages and leases a portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand and other natural resources. The Company’s Coal, Hard Mineral Royalty and Other segment consists primarily of coal royalty, coal related transportation and processing assets, aggregate and industrial minerals royalty assets and timber.

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