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

Buffalo Coal Corp. (CVE:BUF) shares passed below its 50 day moving average during trading on Wednesday . 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.

Buffalo Coal Stock Up 100.0%

The stock has a market cap of C$7.37 million, a PE ratio of -3.33 and a beta of 0.58. The company has a fifty day moving average price of C$0.01 and a 200 day moving average price of C$0.01.

Buffalo Coal Company Profile

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.