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

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) were down 16.7% during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 152,000 shares were traded during mid-day 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 Stock Performance

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 firm’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.03. The firm has a market cap of C$4.46 million, a price-to-earnings ratio of -3.00 and a beta of 1.81.

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.

Recommended Stories

Receive News & Ratings for BTU Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BTU Metals and related companies with MarketBeat.com's FREE daily email newsletter.