Cloud Peak Energy (OTCMKTS:CLDPQ) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Cloud Peak Energy Inc (OTCMKTS:CLDPQ) shares passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $0.00 and traded as high as $0.0038. Cloud Peak Energy shares last traded at $0.0035, with a volume of 106,200 shares traded.

Cloud Peak Energy Stock Up 9.4%

Cloud Peak Energy Company Profile

Cloud Peak Energy Inc was a coal mining company focused on the production and sale of subbituminous thermal coal. Its operations were concentrated in the Powder River Basin, with major mines including the Antelope and Cordero Rojo mines in Wyoming and the Spring Creek mine in Montana. The company supplied coal primarily to electric utilities for power generation.

Cloud Peak Energy served customers in the United States and, through the Spring Creek operation and related export activities, also reached international markets in the Asia-Pacific region.