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NEW YORK ( TheStreet) -- James River Coal Company (Nasdaq: JRCC) hit a new 52-week low Tuesday as it is currently trading at $2.94, below its previous 52-week low of $2.95 with 1.5 million shares traded as of 2:20 p.m. ET. Average volume has been 2.3 million shares over the past 30 days. James River Coal has a market cap of $111.5 million and is part of the basic materials sector and metals & mining industry. Shares are down 55.2% year to date as of the close of trading on Friday. James River Coal Company, through its subsidiaries, engages in mining, processing, and selling thermal and metallurgical coal in eastern Kentucky, southern West Virginia, and southern Indiana.