Colonial Coal International (CVE:CAD) Stock Price Crosses Below 200 Day Moving Average of $0.33

Colonial Coal International Corp (CVE:CAD)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.33 and traded as low as $0.30. Colonial Coal International shares last traded at $0.31, with a volume of 64,400 shares trading hands.

The firm has a 50-day moving average of C$0.34 and a 200 day moving average of C$0.33. The company has a market cap of $46.91 million and a P/E ratio of -32.00.

Colonial Coal International Company Profile (CVE:CAD)

Colonial Coal International Corp., an exploration stage company, engages in the acquisition, exploration, and development of metallurgical coal properties in Canada. It owns a 100% interest in the Huguenot coal project with 17 licenses covering an area of 9,531 hectares; and the Flatbed coal project with 8 licenses covering an area of 9,607 hectares in the Liard Mining Division, northeastern British Columbia.

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