Colonial Coal International (CVE:CAD) Share Price Crosses Above 200-Day Moving Average of $2.24

Colonial Coal International Corp. (CVE:CADGet Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.24 and traded as high as C$2.61. Colonial Coal International shares last traded at C$2.48, with a volume of 86,259 shares traded.

Colonial Coal International Price Performance

The company has a current ratio of 32.39, a quick ratio of 14.48 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average of C$2.48 and a 200 day moving average of C$2.24. The firm has a market capitalization of C$445.46 million, a PE ratio of -41.33 and a beta of 1.60.

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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