BTU Metals (CVE:BTU) Hits New 52-Week Low – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 2000 shares trading hands. The stock had previously closed at C$0.03.

BTU Metals Price Performance

The company’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74. The company has a market capitalization of C$2.97 million, a P/E ratio of -3.00 and a beta of 1.81.

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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