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

BTU Metals Corp. (CVE:BTU – Get Free Report)’s stock price hit a new 52-week low on Wednesday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 47340 shares traded. The stock had previously closed at C$0.04.

BTU Metals Stock Performance

The firm’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.05. The firm has a market cap of C$6.25 million, a PE ratio of -3.50 and a beta of 2.10. The company has a current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14.

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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