Colonial Coal International (CVE:CAD) Stock Passes Above Two Hundred Day Moving Average of $0.38

Colonial Coal International Corp (CVE:CAD) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.38 and traded as high as $0.68. Colonial Coal International shares last traded at $0.66, with a volume of 130,551 shares.

The firm has a market capitalization of $121.95 million and a PE ratio of -47.14. The company’s 50 day simple moving average is C$0.61 and its 200-day simple moving average is C$0.38.

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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