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

Buffalo Coal Corp. (CVE:BUFGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 Stock Up 100.0 %

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

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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