BTU Metals (CVE:BTU) Sets New 52-Week Low – Time to Sell?

BTU Metals Corp. (CVE:BTUGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 42423 shares changing hands. The stock had previously closed at C$0.04.

BTU Metals Trading Down 12.5%

The stock 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 current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14. The business has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.06.

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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