Colonial Coal International (CVE:CAD) Shares Pass Below 200-Day Moving Average of $1.89

Shares of Colonial Coal International Corp. (CVE:CADGet Rating) crossed 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.

Colonial Coal International Trading Down 0.6 %

The company has a debt-to-equity ratio of 0.16, a quick ratio of 31.36 and a current ratio of 31.85. The firm has a market cap of C$289.92 million and a PE ratio of -183.33. The stock’s 50 day simple moving average is C$1.93 and its 200 day simple moving average is C$1.89.

Colonial Coal International (CVE:CADGet Rating) last announced its quarterly earnings data on Tuesday, June 21st. The mining company reported C($0.05) earnings per share (EPS) for the quarter. On average, sell-side analysts forecast that Colonial Coal International Corp. will post -0.01 earnings per share for the current fiscal year.

About Colonial Coal International

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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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