Colonial Coal International Corp. (CVE:CAD – Get Free Report)’s stock price reached a new 52-week high on Friday . The company traded as high as C$2.66 and last traded at C$2.69, with a volume of 295939 shares changing hands. The stock had previously closed at C$2.17.
Colonial Coal International Trading Up 24.0 %
The business’s 50-day moving average price is C$2.30 and its two-hundred day moving average price is C$2.02. 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 cap of C$483.18 million, a price-to-earnings ratio of -44.83 and a beta of 1.61.
About Colonial Coal International
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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