Colonial Coal International (CVE:CAD) Stock Crosses Below 200 Day Moving Average of $1.89

Colonial Coal International Corp. (CVE:CADGet Rating)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.89 and traded as low as C$1.60. Colonial Coal International shares last traded at C$1.65, with a volume of 19,385 shares trading hands.

Colonial Coal International Price Performance

The company has a current ratio of 31.85, a quick ratio of 31.36 and a debt-to-equity ratio of 0.16. The firm has a market cap of C$286.40 million and a P/E ratio of -181.11. The company has a fifty day moving average price of C$1.91 and a two-hundred day moving average price of C$1.89.

Colonial Coal International (CVE:CADGet Rating) last released its quarterly earnings data on Tuesday, June 21st. The mining company reported C($0.05) earnings per share for the quarter. Equities analysts anticipate that Colonial Coal International Corp. will post -0.01 earnings per share for the current year.

Colonial Coal International Company Profile

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Colonial Coal International Corp., an exploration stage company, 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 9,531 hectares; and the Flatbed coal property with eight coal licenses covering approximately 9,607 hectares in the Liard Mining Division, northeastern British Columbia.

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