Colonial Coal International Corp. (CVE:CAD – Get Free Report) hit a new 52-week high on Friday . The company traded as high as C$2.66 and last traded at C$2.69, with a volume of 295939 shares changing hands. The stock had previously closed at C$2.17.
Colonial Coal International Stock Up 24.0 %
The company has a debt-to-equity ratio of 0.14, a quick ratio of 14.48 and a current ratio of 32.39. The company has a market capitalization of C$483.18 million, a price-to-earnings ratio of -36.17 and a beta of 1.61. The stock’s fifty day simple moving average is C$2.30 and its two-hundred day simple moving average is C$2.00.
About Colonial Coal International
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.
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