BTU Metals (CVE:BTU) Reaches New 52-Week High – Here’s What Happened

BTU Metals Corp. (CVE:BTUGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.04, with a volume of 87000 shares changing hands. The stock had previously closed at C$0.04.

BTU Metals Price Performance

The stock has a market cap of C$5.94 million, a P/E ratio of -3.00 and a beta of 1.81. 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 simple moving average of C$0.04 and a 200 day simple moving average of C$0.03.

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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