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

BTU Metals Corp. (CVE:BTU – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 42001 shares traded. The stock had previously closed at C$0.04.

BTU Metals Price Performance

The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14. The business has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.05. The stock has a market capitalization of C$7.14 million, a P/E ratio of -4.00 and a beta of 1.91.

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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