Colonial Coal International (CVE:CAD) Shares Cross Above 200 Day Moving Average

Colonial Coal International Corp. (CVE:CAD – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.90 and traded as high as C$2.48. Colonial Coal International shares last traded at C$2.44, with a volume of 25,974 shares trading hands.

Colonial Coal International Price Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 32.39 and a quick ratio of 14.48. The firm has a market capitalization of C$438.27 million, a price-to-earnings ratio of -40.67 and a beta of 1.61. The stock has a 50 day moving average price of C$2.29 and a two-hundred day moving average price of C$1.90.

Colonial Coal International Company Profile

(Get Free Report)

Colonial Coal International Corp. engages in the acquisition, exploration, and development of coal properties in Canada. It owns a 100% interest in the Huguenot coal project, a coal project with seventeen licenses covering an area of approximately 7,592 hectares. The company also holds interest in Flatbed coal property with eight coal licenses covering approximately 9,077 hectares in the Liard Mining Division, northeastern British Columbia.

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