This week, I'm looking for the sixth basic materials representative of nine for my Ivy portfolio. The materials sector has thirteen industries all related to mining, making, and delivering essential commodities. They are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals; steel; paper; silver; specialty chemicals; gold.

Today I'm reviewing a small-cap coal company named Consol Coal Resources LP. Their trading ticker symbol is CCR.

Consol Coal Resources LP produces and sells high-Btu thermal coal in the Northern Appalachian Basin and the eastern United States. The company markets its thermal coal principally to electric utilities in the eastern United States.

Consol Coal Resources GP LLC operates as a general partner of the company. The company was formerly known as CNX Coal Resources LP and changed its name to Consol Coal Resources LP in November 2017. The company was founded in 2015 and is headquartered in Canonsburg, Pennsylvania.

I use three key data points to gauge dividend paying equities or funds like CCR:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest. Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

CCR Price

CCR's price per share closed at $15.62 yesterday. A year ago its price was $15.88. Price fell $0.26 or about 1.6% in the past year.

Assuming CCR's stock trades in the range of $12.00 to $24.00 this year, its recent $12.62 price could rise by $2.32 and go to $18.00 by mid-June, 2020.

CCR Dividends

CCR's most recent quarterly dividend was $0.5125 paid May 6th.

That $0.5125 Q payout equates to an annual dividend of $2.05 which produces a yield of 13.07% based on yesterday's $15.62 closing price.

Gains For CCR?

Adding the $2.05 annual estimated dividend to my $2.32 estimate of Consol's price upside shows a $4.37 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we pay a little under $1,000.00 today. At the $15.62 recent stock price that would buy us 64 CCR shares.

A $10 broker fee paid half at purchase and half at sale will cost us $0.31 per share.

Subtract that $0.31 brokerage cost from the estimated $4.37 gross annual gain leaves a net gain of $4.05 X 64 shares = $259.20 or a 26% net gain on a $999.68 investment.

Therefore, CCR now shows a possible net gain of 26% including a 13% dividend yield.

Seven brokers track Consol Coal Resources LP (CCR) stock:

• Two say "buy" CCR shares
• Three say CCR shares will "outperform" peers
• Two say "hold CCR shares

Therefore, you can look at CCR and see it has made money, is making money, and could net a 26% gain including a 13% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to determine ifCONSOL Coal Resources LP (CCR) is worth your time and money.