Here’s Who Just Picked Up Rhino Resource Partners Lp (OTCMKTS:RHNO) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more


Y-Mabs Theraputics YMAB Stock report, never seen in...
Here Are The Next Major Catalysts To Watch From VBI ...
Arena Pharmaceuticals Inc (NASDAQ:ARNA) is Attractin...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Rhino Resource Partners Lp (OTCMKTS:RHNO) reported that Royal Energy Resources, Inc. has picked up 8,363,229 of common stock as of 2017-01-13.

The acquisition brings the aggregate amount owned by Royal Energy Resources, Inc. to a total of 8,363,229 representing a 44.4% stake in the company.

For those not familiar with the company, Rhino Resource Partners LP is an energy limited partnership that is focused on coal and energy related assets and activities, including energy infrastructure investments. The Company produces, processes and sells coal of various steam and metallurgical grades from multiple coal producing basins in the United States. It operates through four segments. The Central Appalachia segment consists of over two mining complexes: Tug River and Rob Fork. The Northern Appalachia segment consists of the Hopedale mining complex, the Sands Hill mining complex and the Leesville field. The Rhino Western segment includes its underground mine in the Western Bituminous region.

A glance at Rhino Resource Partners Lp (OTCMKTS:RHNO)’s key stats reveals a current market capitalization of 38.94 million based on 7.91 million shares outstanding and a price at last close of $4.26 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-09-27, Tuorto picked up 500 at a purchase price of $2.20. This brings their total holding to 86,621 as of the date of the filing.

On the sell side, the most recent transaction saw Morris unload 3,739 shares at a sale price of $4.50. This brings their total holding to 1,950.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Rhino Resource Partners Lp (OTCMKTS:RHNO) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

Stay in the lopp :

3 STOCKS, 3 Stories and 3 Takeaways: ISPC, AS...

A tale of three stocks, a tale as old as time: ISPC, ASTR & PRVB

Here's Who Just Picked Up Terraform Power Inc...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Terraform Power Inc. (NASDAQ:TERP) reported that Brookfield Asset Management Inc.
Gex Management Inc (OTCMKTS:GXXM) Gaining Mom...

related post

Skip to content