BTU Metals (CVE:BTU) Hits New 1-Year High – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05, with a volume of 291500 shares changing hands. The stock had previously closed at C$0.04.

BTU Metals Trading Up 12.5 %

The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74. The business’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.03. The firm has a market capitalization of C$6.68 million, a P/E ratio of -3.00 and a beta of 1.81.

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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