BTU Metals (CVE:BTU) Stock Price Down 25% – Here’s Why

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

BTU Metals Stock Up 25.0 %

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’s 50-day moving average price is C$0.02 and its 200-day moving average price is 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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