Buffalo Coal (CVE:BUF) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Buffalo Coal Corp. (CVE:BUFGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.01 and traded as low as C$0.01. Buffalo Coal shares last traded at C$0.01, with a volume of 26,000 shares trading hands.

Buffalo Coal Price Performance

The business’s 50-day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The company has a market capitalization of C$7.37 million, a price-to-earnings ratio of -3.33 and a beta of 0.58.

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.

Further Reading

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