BTU Metals (CVE:BTU) Hits New 1-Year Low – Here’s What Happened

BTU Metals Corp. (CVE:BTUGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 19496 shares. The stock had previously closed at C$0.04.

BTU Metals Trading Down 22.2%

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 company’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.05. The company has a market cap of C$6.25 million, a price-to-earnings ratio of -3.50 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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