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

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price was down 16.7% during trading on Tuesday . The company 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 Trading Down 16.7 %

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 business’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.03. The firm has a market capitalization of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81.

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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