BTU Metals (CVE:BTU) Hits New 12-Month High – Here’s Why

BTU Metals Corp. (CVE:BTU) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.04, with a volume of 66900 shares changing hands. The stock had previously closed at C$0.05.

BTU Metals Stock Down 11.1 %

The firm has a market capitalization of C$5.94 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The business has a 50 day moving average of C$0.03 and a 200 day moving average of 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.

About BTU Metals

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.