BTU Metals (CVE:BTU) Shares Down 25% – What’s Next?

BTU Metals Corp. (CVE:BTUGet Free Report) fell 25% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. 248,000 shares traded hands during mid-day trading, an increase of 145% from the average session volume of 101,409 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Up 25.0 %

The stock has a 50-day moving average of C$0.02 and a 200 day moving average of 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. The company has a market cap of C$3.71 million, a P/E 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.

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