BTU Metals (CVE:BTU) Trading Down 25% – Here’s What Happened

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) were down 25% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 248,000 shares were traded during mid-day trading, an increase of 145% from the average daily volume of 101,409 shares. The stock had previously closed at C$0.02.

BTU Metals Trading Up 25.0 %

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$0.02 and its 200 day moving average is C$0.03. The firm has a market capitalization of C$3.71 million, a P/E ratio of -3.00 and a beta of 1.81.

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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