Buffalo Coal (CVE:BUF) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Buffalo Coal Corp. (CVE:BUFGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.01 and traded as high as C$0.01. Buffalo Coal shares last traded at C$0.01, with a volume of 26,000 shares.

Buffalo Coal Stock Up 100.0%

The firm has a market cap of C$7.37 million, a PE ratio of -3.33 and a beta of 0.58. The stock has a 50 day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01.

Buffalo Coal Company Profile

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Buffalo Coal Corp., together with its subsidiaries, operates as a coal mining company in South Africa. It primarily focuses on the Aviemore anthracite mine covering an area of approximately 5,513 hectares and Magdalena mine covering an area of approximately 1,844 hectares located in the Kwa-Zulu, Natal Province of South Africa. The company was formerly known as Forbes & Manhattan Coal Corp. and changed its name to Buffalo Coal Corp. in July 2014. Buffalo Coal Corp. is headquartered in Dundee, South Africa.

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