James River Coal Rises On Unusually High Volume (JRCC)

NEW YORK ( TheStreet) -- James River Coal Company (Nasdaq: JRCC) is trading at unusually high volume Thursday with 8.4 million shares changing hands. It is currently at four times its average daily volume and trading up 63 cents (+11%) at $6.36 as of 2:55 p.m. ET.

James River Coal has a market cap of $233.1 million and is part of the basic materials sector and metals & mining industry. Shares are down 17.2% year to date as of the close of trading on Wednesday.

James River Coal Company, through its subsidiaries, engages in mining, processing, and selling bituminous, steam, and industrial grade coal in eastern Kentucky and in southern Indiana. The company has a P/E ratio of 10.2, below the average metals & mining industry P/E ratio of 11.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates James River Coal as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full James River Coal Ratings Report.

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