BTU Metals (CVE:BTU) Shares Down 16.7% – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price fell 16.7% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 152,000 shares traded hands during mid-day trading, an increase of 35% from the average session volume of 112,994 shares. The stock had previously closed at C$0.03.

BTU Metals Stock Performance

The firm has a market cap of C$5.20 million, a P/E ratio of -3.00 and a beta of 1.81. The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91. The company’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.03.

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.

Further Reading

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