BTU Metals (CVE:BTU) Shares Down 11.1% – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price was down 11.1% during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 203,078 shares were traded during mid-day trading, an increase of 34% from the average daily volume of 151,216 shares. The stock had previously closed at C$0.04.

BTU Metals Trading Down 11.1%

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 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.05. The firm has a market cap of C$7.14 million, a price-to-earnings ratio of -4.00 and a beta of 1.91.

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.

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