BTU Metals (CVE:BTU) Shares Down 16.7% – What’s Next?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price was down 16.7% on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 152,000 shares changed hands during mid-day trading, an increase of 35% from the average daily volume of 112,994 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 current ratio of 26.91 and a quick ratio of 3.74. The company 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 has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03.

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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