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

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price traded down 16.7% on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 152,000 shares traded hands during trading, an increase of 16% from the average session volume of 130,739 shares. The stock had previously closed at C$0.03.

BTU Metals Stock Performance

The firm has a market cap of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The firm’s 50 day moving average is C$0.02 and its 200-day moving average is 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.

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.

Further Reading

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