Colonial Coal International (CVE:CAD) Stock Passes Above 200-Day Moving Average of $2.57

Colonial Coal International Corp. (CVE:CAD) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.57 and traded as high as C$3.00. Colonial Coal International shares last traded at C$3.00, with a volume of 60,412 shares traded.

Colonial Coal International Price Performance

The company has a 50 day moving average of C$2.85 and a 200-day moving average of C$2.57. The stock has a market capitalization of C$540.90 million, a P/E ratio of -100.00 and a beta of 1.62. The company has a quick ratio of 14.48, a current ratio of 65.17 and a debt-to-equity ratio of 0.08.

Colonial Coal International (CVE:CAD) last posted its earnings results on Tuesday, May 28th. The mining company reported C($0.01) earnings per share (EPS) for the quarter. Sell-side analysts predict that Colonial Coal International Corp. will post -0.01 EPS for the current year.

Colonial Coal International Company Profile

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.