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

by · The Markets Daily

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.

Buffalo Coal Trading Up 100.0%

The firm has a 50-day moving average of C$0.01 and a two-hundred day moving average of C$0.01. The firm has a market capitalization 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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