BTU Metals (CVE:BTU) Hits New 52-Week Low – What’s Next?

BTU Metals Corp. (CVE:BTU – Get Free Report) hit a new 52-week low on Friday. The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 252100 shares trading hands. The stock had previously closed at C$0.04.

BTU Metals Stock Down 12.5%

The company has a current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14. The firm has a market cap of C$6.25 million, a PE ratio of -3.50 and a beta of 1.91. The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.05.

BTU Metals Company Profile

(Get Free Report)

BTU Metals Corp. engages in the identification, exploration, and evaluation of mineral properties in Canada and Ireland. It explores for gold deposits. The company was formerly known as BTU Capital Corp. and changed its name to BTU Metals Corp. in August 2017. BTU Metals Corp. was incorporated in 2008 and is based in Vancouver, Canada.

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