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

BTU Metals Corp. (CVE:BTUGet Free Report) was down 16.7% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 152,000 shares traded hands during 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 debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74. The firm has a market cap of C$5.20 million, a PE ratio of -3.00 and a beta of 1.81. The business’s fifty 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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