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

BTU Metals Corp. (CVE:BTUGet Free Report) traded down 16.7% on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 152,000 shares were traded 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 Price Performance

The firm has a market cap of C$5.20 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The business has a 50 day simple moving average of C$0.03 and a 200-day simple moving average 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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