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

BTU Metals Corp. (CVE:BTUGet Free Report) was down 16.7% on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 152,000 shares traded hands 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 business has a 50 day moving average price of C$0.02 and a 200-day moving average price of 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. The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14.

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.

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