BTU Metals (CVE:BTU) Shares Down 16.7% – Time to Sell?

BTU Metals Corp. (CVE:BTUGet Free Report) fell 16.7% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 152,000 shares traded hands during mid-day 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 Trading Up 40.0 %

The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91. The firm’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The stock has a market cap of C$5.20 million, a P/E 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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