BTU Metals (CVE:BTU) Sets New 12-Month Low – Should You Sell?

by · The Markets Daily

BTU Metals Corp. (CVE:BTUGet Free Report) shares reached a new 52-week low on Friday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 30563 shares changing hands. The stock had previously closed at C$0.04.

BTU Metals Stock Down 22.2%

The firm’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.06. The company has a market capitalization of C$6.21 million, a P/E ratio of -3.50 and a beta of 1.77. The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91.

BTU Metals Company Profile

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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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