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

Buffalo Coal Corp. (CVE:BUFGet Free Report)’s stock price crossed below its 50-day moving average during trading on Thursday . 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 firm’s 50 day moving average is C$0.01 and its 200 day moving average is C$0.01. The company has a market cap of C$7.37 million, a PE 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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