BTU Metals (CVE:BTU) Stock Price Down 16.7% – Should You Sell?

BTU Metals Corp. (CVE:BTU)’s share price dropped 16.7% on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 152,000 shares were traded during trading, an increase of 16% from the average daily volume of 130,739 shares. The stock had previously closed at C$0.03.

BTU Metals Stock Performance

The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14. The stock has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03. The company has a market capitalization of C$4.46 million, a price-to-earnings ratio of -3.00 and a beta of 1.81.

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.