Colonial Coal International (CVE:CAD) Share Price Crosses Above 200 Day Moving Average of $1.44

Colonial Coal International Corp. (CVE:CADGet Rating) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.44 and traded as high as C$1.48. Colonial Coal International shares last traded at C$1.46, with a volume of 79,035 shares changing hands.

Colonial Coal International Price Performance

The company has a quick ratio of 14.48, a current ratio of 14.80 and a debt-to-equity ratio of 0.84. The business’s 50-day moving average is C$1.28 and its two-hundred day moving average is C$1.44. The company has a market capitalization of C$256.58 million, a P/E ratio of -24.33 and a beta of 1.16.

Colonial Coal International Company Profile

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Colonial Coal International Corp., an exploration stage company, 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 9,531 hectares. The company also holds interest in Flatbed coal property with eight coal licenses covering approximately 9,607 hectares in the Liard Mining Division, northeastern British Columbia.

Further Reading

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