Colonial Coal International (CVE:CAD) Shares Cross Above 200 Day Moving Average of $2.59

Colonial Coal International Corp. (CVE:CAD)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.59 and traded as high as C$2.79. Colonial Coal International shares last traded at C$2.73, with a volume of 81,099 shares.

Colonial Coal International Trading Down 2.8 %

The company has a debt-to-equity ratio of 0.08, a quick ratio of 14.48 and a current ratio of 65.17. The firm has a market capitalization of C$492.22 million, a PE ratio of -91.00 and a beta of 1.62. The stock’s 50-day simple moving average is C$2.90 and its 200-day simple moving average is C$2.59.

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.