Boston, MA 06/26/2013 (wallstreetpr) – The share prices of James River Coal Company (NASDAQ:JRCC) had managed to surge by minimal 1.06 percent to close at $1.90 per share for the last trading session on Tuesday. The shares of the company had been trading with intraday price movements in the range of $1.75 per share to $1.95 per share during the day, after opening at $1.93 per share on Tuesday. The shares of James River Coal Company (NASDAQ:JRCC) had recorded 52 week low price level at $1.46 per share and 52 week high price level at $5.89 per share.
James River Coal Company (NASDAQ:JRCC) is primarily focused on processing and selling coal of thermal and metallurgical varieties which are produced through the eight active mining complexes of the company. The mining complexes which provide for the production and sales of the company are located throughout the regions of eastern Kentucky, southern Indiana and southern West Virginia. James River Coal Company (NASDAQ:JRCC) operates its exploration and production businesses through two major segments namely Central Appalachia segment (CAPP) and the Midwest segment.
As of December 30, 2011, James River Coal Company (NASDAQ:JRCC) had been operating 25 underground mines, 14 preparation plants and 12 surface mines for its thermal and metallurgical coal production. The company had reported that the production of its coal are obtained at the rate of 37 percent from the surface mines and majority 63 percent coal from the underground mines.
James River Coal Company (NASDAQ:JRCC) had been trading for the entire session on Tuesday for total volume of 1.66 million shares , while the average trading volume for the company is presently maintained at 1.56 million shares per day. The mining and exploration firm operates with an institutional ownership at 39 percent of its holdings and with 35.86 million shares outstanding in the market.