BTU Metals (CVE:BTU) Stock Price Down 16.7% – Here’s What Happened

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) were down 16.7% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 152,000 shares changed hands during mid-day trading, an increase of 35% from the average daily volume of 112,994 shares. The stock had previously closed at C$0.03.

BTU Metals Price Performance

The company has a market capitalization of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.03. The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91.

About BTU Metals

(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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