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

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

BTU Metals Stock Performance

The company’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.03. 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 company has a market capitalization of C$2.97 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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