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

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) fell 16.7% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 152,000 shares traded hands during trading, an increase of 35% from the average session volume of 112,994 shares. The stock had previously closed at C$0.03.

BTU Metals Stock Performance

The stock’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The company has a market capitalization of C$3.71 million, a PE 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.

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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