BTU Metals (CVE:BTU) Trading Down 25% – Time to Sell?

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 changed hands during mid-day trading, an increase of 164% from the average daily volume of 94,075 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Up 25.0 %

The company has a market cap of C$3.71 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 business’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.03.

BTU Metals Company Profile

(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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