(CAD) Colonial Coal International - Ratings and Ratios

Colonial Coal International Corp is a Canadian company focused on acquiring, exploring, and developing coal properties, with a primary presence in northeastern British Columbia. The companys portfolio includes the Huguenot and Flatbed properties, covering a total area of approximately 19,138 hectares, showcasing its significant footprint in the regions coal industry.

The companys strategic positioning in the Steel sub-industry, as indicated by its GICS classification, suggests that its coal resources are likely metallurgical coal, which is used in steel production. This is a crucial aspect, as the demand for metallurgical coal is closely tied to the global steel market. With its headquarters in Vancouver, Canada, Colonial Coal International Corp is well-situated to capitalize on Canadas rich coal resources and favorable business environment.

Analyzing the provided and , we can infer that Colonial Coal International Corps stock has shown some positive momentum, with its last price of 1.71 CAD being above its SMA20 and SMA50, indicating a potential short-term uptrend. However, its SMA200 at 2.06 CAD suggests that the stock is still below its longer-term average, potentially indicating a bearish trend. The ATR of 0.10 CAD, representing a 5.94% daily volatility, highlights the stocks relatively high volatility.

By combining the technical and fundamental insights, we can forecast that Colonial Coal International Corps stock may experience a short-term rally, potentially driven by any positive developments in its coal properties or favorable market conditions. However, the lack of P/E ratio and a negative RoE of -38.89% raise concerns about the companys profitability and ability to generate returns for shareholders. A potential target price could be around 2.50 CAD, based on a potential retracement to its SMA200 and considering the overall market conditions. Nevertheless, this forecast is contingent upon the companys ability to address its fundamental challenges and improve its financial performance.