L&L Energy Inc (NASDAQ:LLEN) up by 15.38%, James River Coal Company (NASDAQ:JRCC)

Posted by Lynn Eisler May 16, 2013 0 Comment 1322 views


Miami, FL 05/16/2013 (GDPInsider) – L&L Energy, Inc (NASDAQ:LLEN): The trading session on Wednesday saw L&L Energy, Inc (NASDAQ:LLEN) climbing up by 15.38%. It opened at a price of $3.73 which was also the intraday high, before moving up to close at $4.35 per share. Around 1.38 million shares traded hands in the previous trading session, which stood above the average volume of 0.671 million that was measured over 30 days.

The company is totally valued at over $163.10 million at a price of $4.10 and 0.49 million shares. The company EPS is $0.58. The stock’s 52-week trading range is $1.30 and $4.94. At the present levels the stock is trading well above $2.42, the 50 days MA and above its $2.00, 200 days MA. The stock’s RSI is 68.52. L&L Energy, Inc (NASDAQ:LLEN) is engaged in coal operations Guizhou and Yunnan provinces in the southern region of the People’s Republic of China. As of 30 April 2012, the Company had two coal washing plants, four coal mines, one coking facility as well as three coal distribution and wholesale networks. On 3 February 3, the Company acquired a controlling interest of 51% in the Weishe coal mine that is located in Guizhou Province, China.

Is LLEN a solid investment at these levels? Get valuable updates and exclusive insights here.

James River Coal Company (NASDAQ:JRCC): The trading session on Wednesday saw James River Coal Company (NASDAQ:JRCC) climbing up by 1.83%. It opened at a price of $2.16, before moving up to close at $2.23 per share. Around 0.639 million shares traded hands in the previous trading session, which stood below the average volume of 1.20 million that was measured over 30 days.

James River Coal Company (NASDAQ:JRCC) is involved in processing and sales of metallurgical and thermal coal via eight,  active mining complexes that are situated  across southern West Virginia, eastern Kentucky and southern Indiana. The company operates in two different business segments. This categorization is based on the coal basins in which its operations are run- the Midwest and Central Appalachia (CAPP).  As of 31 December 2011, the eight mining complexes it operated were inclusive of 25 underground mines, 14 preparation plants and 12 surface mines.  As of 31 December 2011, it controlled probable coal reserves to the tune of 362.8 million tons.

How Should Investors Trade JRCC Now? Get the latest trends and data here.

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About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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