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

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

BTU Metals Trading Down 16.7 %

The stock has a market cap of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The business’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 current ratio of 26.91 and a quick ratio of 3.74.

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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