Colonial Coal International (CVE:CAD) Stock Price Crosses Above Two Hundred Day Moving Average of $2.06

Colonial Coal International Corp. (CVE:CAD) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.06 and traded as high as C$2.74. Colonial Coal International shares last traded at C$2.71, with a volume of 55,784 shares.

Colonial Coal International Stock Performance

The company has a debt-to-equity ratio of 0.14, a quick ratio of 14.48 and a current ratio of 32.39. The firm’s 50 day simple moving average is C$2.35 and its 200-day simple moving average is C$2.06. The company has a market cap of C$486.77 million, a price-to-earnings ratio of -45.17 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.