Colonial Coal International (CVE:CAD) Shares Cross Above 200 Day Moving Average of $0.43

Shares of 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 $0.43 and traded as high as $0.35. Colonial Coal International shares last traded at $0.32, with a volume of 11,000 shares trading hands.

The stock has a 50 day simple moving average of C$0.33 and a 200 day simple moving average of C$0.43. The company has a market capitalization of $49.88 million and a price-to-earnings ratio of -35.56.

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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