BTU Metals (CVE:BTU) Sets New 12-Month Low at $0.04

BTU Metals Corp. (CVE:BTU – Get Rating) shares hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 164600 shares trading hands. The stock had previously closed at C$0.05.

The stock’s 50-day moving average price is C$0.07 and its 200 day moving average price is C$0.09. The firm has a market cap of C$4.69 million and a price-to-earnings ratio of -3.08. The company has a quick ratio of 9.40, a current ratio of 9.57 and a debt-to-equity ratio of 5.14.

About BTU Metals (CVE:BTU)

BTU Metals Corp. engages in the exploration and development of mineral properties. Its flagship project is the Dixie Halo gold project covering an area of 19,622 hectares located in the prolific Red Lake Ontario Mining District, Canada. The company was formerly known as BTU Capital Corp. and changed its name to BTU Metals Corp.

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