Buffalo Coal (CVE:BUF) Stock Passes Below Fifty Day Moving Average – Here’s Why

Buffalo Coal Corp. (CVE:BUFGet Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.01 and traded as low as C$0.01. Buffalo Coal shares last traded at C$0.01, with a volume of 26,000 shares traded.

Buffalo Coal Price Performance

The company’s 50 day moving average price is C$0.01 and its 200 day moving average price is C$0.01. The firm has a market cap of C$7.37 million, a PE ratio of -3.33 and a beta of 0.58.

About Buffalo Coal

(Get Free Report)

Buffalo Coal Corp., together with its subsidiaries, operates as a coal mining company in South Africa. It primarily focuses on the Aviemore anthracite mine covering an area of approximately 5,513 hectares and Magdalena mine covering an area of approximately 1,844 hectares located in the Kwa-Zulu, Natal Province of South Africa.

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