Buffalo Coal (CVE:BUF) Share Price Passes Below 50-Day Moving Average – What’s Next?

Shares of Buffalo Coal Corp. (CVE:BUF) passed 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.

Buffalo Coal Stock Up 100.0 %

The business has a 50-day moving average price of C$0.01 and a 200-day moving average price of C$0.01. The firm has a market capitalization of C$7.37 million, a price-to-earnings ratio of -3.33 and a beta of 0.58.

About Buffalo Coal

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.