Buffalo Coal (CVE:BUF) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Buffalo Coal Corp. (CVE:BUFGet Free Report)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 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 changing hands.

Buffalo Coal Stock Performance

The firm has a market cap of C$7.37 million, a price-to-earnings ratio of -3.33 and a beta of 0.58. The firm’s 50 day moving average is C$0.01 and its 200-day moving average is C$0.01.

About Buffalo Coal

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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.

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